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Belle River Community

Richmond, MI · Charter 62342

NCUA · 1 branch

Q4 2021

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 2021, the quarter ended December 31, 2021, 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

Belle River Community

Richmond, MI · Charter 62342

NCUA · 1 branch

Q4 2021

$28.3MAssets
$4.4MLoans
$26.2MShares
$2.0MNet 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 -0.65%, down 90 bps year over year; NIM at 1.10%.
  • Asset quality: problem loans at 0.00% of loans (-10 bps YoY).
  • Capital: net worth / assets of 7.23%, down 183 bps from a year ago.
  • Funding: loans stand at 16.87% of shares as of Q4 2021.

Financial Results

Return on Assets (YTD, annualized)

-0.65%-90 bps YoY

Net Interest Margin (YTD, annualized)

1.10%-84 bps YoY

Efficiency Ratio (YTD, annualized)

142.13%+5,288 bps YoY

Net Worth / Assets

7.23%-183 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets0.26%-0.03%-0.18%-0.25%-0.65%-90 bps
Return on Equity2.87%-0.30%-2.27%-3.14%-8.93%-1,179 bps
Net Interest Margin1.94%1.33%1.17%1.18%1.10%-84 bps
Efficiency Ratio89.25%101.23%111.30%115.07%142.13%+5,288 bps
Growth
Asset Growth (YoY)14.94%20.55%13.39%16.44%14.99%+4 bps
Loan Growth (YoY)-4.89%-14.10%-18.81%-23.22%-20.09%-1,520 bps
Share Growth (YoY)15.62%23.09%14.90%18.06%18.51%+290 bps
Asset Quality
Delinquent Loans / Loans0.10%0.00%0.00%0.00%0.00%-10 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.22%0.24%0.26%0.27%0.28%+6 bps
Capital
Risk-Based Capital9.05%8.41%8.15%7.83%7.23%-183 bps
Net Worth / Assets9.05%8.41%8.15%7.83%7.23%-183 bps
Liquidity & Funding
Loans / Shares25.02%21.18%19.60%17.95%16.87%-815 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps