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Springfield Div of Ohio Edison Co.

Springfield, OH · Charter 62269

NCUA · 3 branches

Q3 2020

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 2020, the quarter ended September 30, 2020, 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

Springfield Div of Ohio Edison Co.

Springfield, OH · Charter 62269

NCUA · 3 branches

Q3 2020

$4.5MAssets
$2.3MLoans
$4.0MShares
$440KNet 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 -1.10%, down 88 bps year over year; NIM at 2.92%.
  • Asset quality: problem loans at 0.40% of loans (-142 bps YoY).
  • Capital: net worth / assets of 9.83%, down 251 bps from a year ago.
  • Funding: loans stand at 55.86% of shares as of Q3 2020.

Financial Results

Return on Assets (YTD, annualized)

-1.10%-88 bps YoY

Net Interest Margin (YTD, annualized)

2.92%-110 bps YoY

Efficiency Ratio (YTD, annualized)

125.41%+2,155 bps YoY

Net Worth / Assets

9.83%-251 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2019Q4 2019Q1 2020Q2 2020Q3 2020YoY ΔTrend
Earnings
Return on Assets-0.23%-0.22%-0.97%-1.30%-1.10%-88 bps
Return on Equity-1.84%-1.73%-8.12%-12.73%-11.24%-940 bps
Net Interest Margin4.02%4.07%3.59%3.05%2.92%-110 bps
Efficiency Ratio103.86%103.59%118.42%129.10%125.41%+2,155 bps
Growth
Asset Growth (YoY)-10.38%-8.28%-5.10%8.60%15.38%+2,576 bps
Loan Growth (YoY)-0.33%1.01%-0.29%-3.53%-11.55%-1,122 bps
Share Growth (YoY)-11.40%-9.09%-5.31%10.33%18.63%+3,003 bps
Asset Quality
Delinquent Loans / Loans1.81%1.23%0.64%0.16%0.40%-142 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.18%0.65%0.61%0.87%1.14%-4 bps
Capital
Risk-Based Capital12.34%12.55%11.90%10.23%9.83%-251 bps
Net Worth / Assets12.34%12.55%11.90%10.23%9.83%-251 bps
Liquidity & Funding
Loans / Shares74.93%75.19%70.32%59.36%55.86%-1,906 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps