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Girard

Girard, OH · Charter 62518

NCUA · 1 branch

Q1 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: Q1 2023, the quarter ended March 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

Girard

Girard, OH · Charter 62518

NCUA · 1 branch

Q1 2023

$1.8MAssets
$1.5MLoans
$1.5MShares
$291KNet 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 5.94%, up 540 bps year over year; NIM at 3.06%.
  • Asset quality: problem loans at 3.14% of loans (+206 bps YoY).
  • Capital: net worth / assets of 16.13%, up 295 bps from a year ago.
  • Funding: loans stand at 96.41% of shares as of Q1 2023.

Financial Results

Return on Assets (YTD, annualized)

5.94%+540 bps YoY

Net Interest Margin (YTD, annualized)

3.06%-56 bps YoY

Efficiency Ratio (YTD, annualized)

91.65%+628 bps YoY

Net Worth / Assets

16.13%+295 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2022Q2 2022Q3 2022Q4 2022Q1 2023YoY ΔTrend
Earnings
Return on Assets0.54%-0.13%0.34%1.01%5.94%+540 bps
Return on Equity4.12%-0.96%2.55%6.85%36.85%+3,273 bps
Net Interest Margin3.63%2.57%2.72%2.78%3.06%-56 bps
Efficiency Ratio85.37%104.98%83.81%88.10%91.65%+628 bps
Growth
Asset Growth (YoY)2.43%-0.54%-0.87%-7.91%-4.88%-731 bps
Loan Growth (YoY)4.34%7.37%12.12%18.52%22.11%+1,777 bps
Share Growth (YoY)9.54%3.40%-0.39%-10.16%-9.49%-1,903 bps
Asset Quality
Delinquent Loans / Loans1.08%3.18%4.16%3.29%3.14%+206 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans5.48%4.59%5.11%3.86%2.07%-341 bps
Capital
Risk-Based Capital13.17%13.77%13.26%14.68%16.13%+295 bps
Net Worth / Assets13.17%13.77%13.26%14.68%16.13%+295 bps
Liquidity & Funding
Loans / Shares71.46%74.98%82.08%93.67%96.41%+2,495 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps