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Parkside

Livonia, MI · Charter 61985

NCUA · 3 branches

Q4 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: Q4 2023, the quarter ended December 31, 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

Parkside

Livonia, MI · Charter 61985

NCUA · 3 branches

Q4 2023

$170.2MAssets
$98.0MLoans
$150.4MShares
$22.3MNet 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 -0.15%, down 105 bps year over year; NIM at 3.99%.
  • Asset quality: problem loans at 0.74% of loans (-69 bps YoY).
  • Capital: net worth / assets of 13.09%, down 104 bps from a year ago.
  • Funding: loans stand at 65.14% of shares as of Q4 2023.

Financial Results

Return on Assets (YTD, annualized)

-0.15%-105 bps YoY

Net Interest Margin (YTD, annualized)

3.99%+13 bps YoY

Efficiency Ratio (YTD, annualized)

94.15%+1,653 bps YoY

Net Worth / Assets

13.09%-104 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2022Q1 2023Q2 2023Q3 2023Q4 2023YoY ΔTrend
Earnings
Return on Assets0.90%0.10%0.53%0.72%-0.15%-105 bps
Return on Equity6.36%0.75%4.04%5.22%-1.18%-753 bps
Net Interest Margin3.87%3.73%3.90%4.10%3.99%+13 bps
Efficiency Ratio77.61%87.55%81.68%79.69%94.15%+1,653 bps
Growth
Asset Growth (YoY)-4.19%3.99%6.54%4.09%6.71%+1,090 bps
Loan Growth (YoY)10.70%7.52%6.44%6.43%5.42%-528 bps
Share Growth (YoY)-1.57%5.53%7.09%3.64%5.64%+720 bps
Asset Quality
Delinquent Loans / Loans1.42%1.24%1.10%1.02%0.74%-69 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.96%0.00%0.00%0.00%0.00%-196 bps
Capital
Risk-Based Capital14.13%12.77%13.14%13.82%13.09%-104 bps
Net Worth / Assets14.13%12.77%13.14%13.82%13.09%-104 bps
Liquidity & Funding
Loans / Shares65.27%58.02%60.44%64.60%65.14%-13 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps