PackageTrendsPeer
Letter portraitLegal landscape

Cando

Walbridge, OH · Charter 61382

NCUA · 1 branch

Q1 2018

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: Q1 2018, the quarter ended March 31, 2018, 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

Cando

Walbridge, OH · Charter 61382

NCUA · 1 branch

Q1 2018

$8.7MAssets
$4.5MLoans
$8.2MShares
$443KNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of -0.71%, up 100 bps year over year; NIM at 5.45%.
  • Asset quality: problem loans at 4.09% of loans (-56 bps YoY).
  • Capital: net worth / assets of 5.12%, down 167 bps from a year ago.
  • Funding: loans stand at 55.52% of shares as of Q1 2018.

Financial Results

Return on Assets (YTD, annualized)

-0.71%+100 bps YoY

Net Interest Margin (YTD, annualized)

5.45%-22 bps YoY

Efficiency Ratio (YTD, annualized)

109.36%-159 bps YoY

Net Worth / Assets

5.12%-167 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018YoY ΔTrend
Earnings
Return on Assets-1.71%-1.35%-2.10%-2.15%-0.71%+100 bps
Return on Equity-25.24%-20.21%-34.79%-38.85%-13.91%+1,133 bps
Net Interest Margin5.67%5.68%5.97%5.96%5.45%-22 bps
Efficiency Ratio110.95%111.57%111.76%113.19%109.36%-159 bps
Growth
Asset Growth (YoY)5.19%5.25%-1.08%0.60%-0.49%-568 bps
Loan Growth (YoY)-7.72%-6.59%-6.38%-7.68%-8.76%-104 bps
Share Growth (YoY)6.96%7.20%1.00%2.85%1.20%-576 bps
Asset Quality
Delinquent Loans / Loans4.65%5.75%5.52%4.99%4.09%-56 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.40%1.44%1.95%2.19%1.75%+35 bps
Capital
Risk-Based Capital6.79%6.66%6.03%5.53%5.12%-167 bps
Net Worth / Assets6.79%6.66%6.03%5.53%5.12%-167 bps
Liquidity & Funding
Loans / Shares61.57%61.83%64.10%62.51%55.52%-606 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps