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Shiawassee Community

Owosso, MI · Charter 61583

NCUA · 6 branches

Q2 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: Q2 2018, the quarter ended June 30, 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

Shiawassee Community

Owosso, MI · Charter 61583

NCUA · 6 branches

Q2 2018

$208.5MAssets
$74.5MLoans
$183.2MShares
$23.2MNet Worth

Executive Summary

  • Earnings: ROA of 0.32%, down 20 bps year over year; NIM at 2.98%.
  • Asset quality: problem loans at 0.59% of loans (+16 bps YoY), with net charge-offs at 0.44%.
  • Capital: net worth / assets of 11.12%, up 18 bps from a year ago.
  • Funding: loans stand at 40.67% of shares as of Q2 2018.

Return on Assets (YTD, annualized)

0.32%-20 bps YoY

Net Interest Margin (YTD, annualized)

2.98%+30 bps YoY

Efficiency Ratio (YTD, annualized)

87.48%+646 bps YoY

Net Worth / Assets

11.12%+18 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017Q4 2017Q1 2018Q2 2018YoY ΔTrend
Earnings
Return on Assets0.56%0.66%0.44%0.52%0.69%0.69%1.03%0.32%-20 bps
Return on Equity4.97%5.89%4.05%4.73%6.06%6.01%9.16%2.84%-189 bps
Net Interest Margin2.52%2.52%2.60%2.68%2.80%2.83%2.96%2.98%+30 bps
Efficiency Ratio81.12%78.98%82.13%81.02%78.66%77.32%72.86%87.48%+646 bps
Growth
Asset Growth (YoY)8.17%6.25%8.18%7.92%6.06%4.76%4.17%3.65%-427 bps
Loan Growth (YoY)6.81%6.90%5.67%5.85%6.15%4.71%2.00%-1.12%-697 bps
Share Growth (YoY)8.39%5.98%8.49%8.16%5.62%4.45%3.71%3.71%-445 bps
Asset Quality
Delinquent Loans / Loans0.27%0.55%0.49%0.43%0.60%0.77%0.42%0.59%+16 bps
Net Charge-Offs / Loans0.69%0.65%0.59%0.56%0.55%0.52%0.46%0.44%-12 bps
Allowance / Loans0.95%0.94%0.96%0.98%0.98%1.00%0.88%0.84%-14 bps
Capital
Risk-Based Capital11.20%11.25%10.84%10.94%11.32%11.43%11.22%11.12%+18 bps
Net Worth / Assets11.20%11.25%10.84%10.94%11.32%11.43%11.22%11.12%+18 bps
Liquidity & Funding
Loans / Shares44.09%43.92%42.02%42.65%44.31%44.03%41.33%40.67%-199 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps