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Calcite

Rogers City, MI · Charter 62333

NCUA · 3 branches

Q4 2022

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 2022, the quarter ended December 31, 2022, 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 2026-10-10

Calcite

Rogers City, MI · Charter 62333

NCUA · 3 branches

Q4 2022

$126.8MAssets
$56.2MLoans
$113.7MShares
$13.7MNet 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 0.96%, up 22 bps year over year; NIM at 2.83%.
  • Asset quality: problem loans at 0.84% of loans (+63 bps YoY).
  • Capital: net worth / assets of 10.83%, up 55 bps from a year ago.
  • Funding: loans stand at 49.41% of shares as of Q4 2022.

Financial Results

Return on Assets (YTD, annualized)

0.96%+22 bps YoY

Net Interest Margin (YTD, annualized)

2.83%+62 bps YoY

Efficiency Ratio (YTD, annualized)

70.01%-671 bps YoY

Net Worth / Assets

10.83%+55 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2021Q1 2022Q2 2022Q3 2022Q4 2022YoY ΔTrend
Earnings
Return on Assets0.74%0.54%0.66%0.87%0.96%+22 bps
Return on Equity7.17%5.28%6.40%8.27%8.85%+168 bps
Net Interest Margin2.21%2.36%2.47%2.64%2.83%+62 bps
Efficiency Ratio76.72%78.84%76.87%72.62%70.01%-671 bps
Growth
Asset Growth (YoY)21.08%13.37%11.56%8.57%4.93%-1,616 bps
Loan Growth (YoY)5.57%10.26%12.96%13.48%14.46%+889 bps
Share Growth (YoY)24.17%16.70%15.06%12.34%6.25%-1,793 bps
Asset Quality
Delinquent Loans / Loans0.22%0.40%0.61%0.56%0.84%+63 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.30%0.34%0.33%0.33%0.47%+18 bps
Capital
Risk-Based Capital10.29%10.14%10.31%10.48%10.83%+55 bps
Net Worth / Assets10.29%10.14%10.31%10.48%10.83%+55 bps
Liquidity & Funding
Loans / Shares45.86%45.05%46.55%47.28%49.41%+355 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps