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North Kent Catholic

Grand Rapids, MI · Charter 61979

Q2 2013

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 2013, the quarter ended June 30, 2013, 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

North Kent Catholic

Grand Rapids, MI · Charter 61979

Q2 2013

$1.7MAssets
$543KLoans
$1.2MShares
$457KNet 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 -2.69%, up 32 bps year over year; NIM at 2.39%.
  • Asset quality: problem loans at 3.34% of loans (+334 bps YoY).
  • Capital: net worth / assets of 27.28%, up 93 bps from a year ago.
  • Funding: loans stand at 44.70% of shares as of Q2 2013.

Financial Results

Return on Assets (YTD, annualized)

-2.69%+32 bps YoY

Net Interest Margin (YTD, annualized)

2.39%+2 bps YoY

Efficiency Ratio (YTD, annualized)

206%-1,341 bps YoY

Net Worth / Assets

27.28%+93 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets-3.01%-3.06%-3.06%-2.68%-2.69%+32 bps
Return on Equity-11.41%-10.83%-10.96%-9.94%-9.86%+154 bps
Net Interest Margin2.37%2.61%2.58%2.66%2.39%+2 bps
Efficiency Ratio220%212%215%192.38%206%-1,341 bps
Growth
Asset Growth (YoY)-10.06%-15.62%-16.47%-17.12%-12.30%-224 bps
Loan Growth (YoY)-10.14%-7.05%-1.23%-6.64%-5.29%+485 bps
Share Growth (YoY)-10.57%-18.02%-18.71%-19.35%-13.36%-278 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.15%0.00%3.34%+334 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.88%2.82%2.82%3.15%3.04%+16 bps
Capital
Risk-Based Capital26.36%28.28%27.91%26.97%27.28%+93 bps
Net Worth / Assets26.36%28.28%27.91%26.97%27.28%+93 bps
Liquidity & Funding
Loans / Shares40.89%46.99%47.30%41.46%44.70%+381 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps