PackageTrendsPeer
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Federal Life Employees

Riverwoods, IL · Charter 61280

NCUA · 1 branch

Q2 2023

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2023, the quarter ended June 30, 2023, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Federal Life Employees

Riverwoods, IL · Charter 61280

NCUA · 1 branch

Q2 2023

$762KAssets
$16KLoans
$673KShares
$89KNet Worth

Executive Summary

  • Earnings: ROA of -3.07%, down 314 bps year over year; NIM at -1.90%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 11.70%, down 24 bps from a year ago.
  • Funding: loans stand at 2.40% of shares as of Q2 2023.

Return on Assets (YTD, annualized)

-3.07%-314 bps YoY

Net Interest Margin (YTD, annualized)

-1.90%-212 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

11.70%-24 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets0.51%-0.05%0.57%0.07%0.03%0.02%0.26%-3.07%-314 bps
Return on Equity4.29%-0.39%4.96%0.59%0.26%0.13%2.12%-26.27%-2,686 bps
Net Interest Margin0.06%-0.16%0.15%0.22%0.38%0.40%0.77%-1.90%-212 bps
Efficiency Ratio54.49%106.97%37.81%88.78%95.12%97.33%73.89%n/an/a
Growth
Asset Growth (YoY)-6.68%-11.32%-8.06%-6.96%-5.27%-1.44%-7.32%-9.97%-301 bps
Loan Growth (YoY)-59.40%-61.70%-40.46%-18.25%-18.59%-32.75%-30.03%-50.96%-3,271 bps
Share Growth (YoY)-7.70%-12.62%-9.15%-7.65%-5.53%-1.64%-8.23%-9.67%-202 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans2.81%3.21%3.76%3.04%3.45%4.78%5.38%6.20%+316 bps
Capital
Risk-Based Capital11.79%11.90%11.50%11.93%12.02%12.09%12.34%11.70%-24 bps
Net Worth / Assets11.79%11.90%11.50%11.93%12.02%12.09%12.34%11.70%-24 bps
Liquidity & Funding
Loans / Shares4.56%4.18%3.39%4.42%3.93%2.86%2.59%2.40%-202 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps