PackageTrendsPeer
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Soreng Employees

Carol Stream, IL · Charter 61644

NCUA · 1 branch

Q3 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: Q3 2018, the quarter ended September 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

Soreng Employees

Carol Stream, IL · Charter 61644

NCUA · 1 branch

Q3 2018

$914KAssets
$57KLoans
$603KShares
$311KNet 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 -0.28%, up 6 bps year over year; NIM at 2.15%.
  • Asset quality: problem loans at 27.56% of loans (+2,122 bps YoY).
  • Capital: net worth / assets of 33.98%, up 867 bps from a year ago.
  • Funding: loans stand at 9.47% of shares as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

-0.28%+6 bps YoY

Net Interest Margin (YTD, annualized)

2.15%+58 bps YoY

Efficiency Ratio (YTD, annualized)

113.02%-833 bps YoY

Net Worth / Assets

33.98%+867 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets-0.34%0.00%-0.31%-0.39%-0.28%+6 bps
Return on Equity-1.33%0.00%-1.17%-1.26%-0.83%+51 bps
Net Interest Margin1.58%1.74%1.72%1.93%2.15%+58 bps
Efficiency Ratio121.35%121.46%118.31%120.18%113.02%-833 bps
Growth
Asset Growth (YoY)-0.09%-10.58%-9.84%-16.22%-25.23%-2,514 bps
Loan Growth (YoY)81.88%6.85%12.89%-7.34%-48.50%-13,038 bps
Share Growth (YoY)-0.18%-14.14%-13.04%-21.93%-33.95%-3,377 bps
Asset Quality
Delinquent Loans / Loans6.34%6.47%6.94%20.24%27.56%+2,122 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans8.64%6.45%7.66%8.75%12.70%+406 bps
Capital
Risk-Based Capital25.31%28.06%26.91%30.76%33.98%+867 bps
Net Worth / Assets25.31%28.06%26.91%30.76%33.98%+867 bps
Liquidity & Funding
Loans / Shares12.14%12.36%10.36%11.50%9.47%-267 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps