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Farmers

Hays, KS · Charter 62580

NCUA · 1 branch

Q1 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: Q1 2022, the quarter ended March 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 2026-10-11

Farmers

Hays, KS · Charter 62580

NCUA · 1 branch

Q1 2022

$16.4MAssets
$5.4MLoans
$14.8MShares
$1.5MNet 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 -0.06%, up 210 bps year over year; NIM at 2.33%.
  • Asset quality: problem loans at 0.01% of loans (-618 bps YoY).
  • Capital: net worth / assets of 9.42%, up 21 bps from a year ago.
  • Funding: loans stand at 36.59% of shares as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

-0.06%+210 bps YoY

Net Interest Margin (YTD, annualized)

2.33%+39 bps YoY

Efficiency Ratio (YTD, annualized)

99.05%-3,234 bps YoY

Net Worth / Assets

9.42%+21 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets-2.16%-1.27%-0.89%-0.60%-0.06%+210 bps
Return on Equity-23.45%-13.73%-9.85%-6.68%-0.63%+2,282 bps
Net Interest Margin1.94%1.96%2.06%2.14%2.33%+39 bps
Efficiency Ratio131.39%123.35%116.66%109.26%99.05%-3,234 bps
Growth
Asset Growth (YoY)10.55%4.61%8.29%3.44%-2.93%-1,348 bps
Loan Growth (YoY)-14.34%-3.32%16.97%25.13%39.17%+5,350 bps
Share Growth (YoY)12.81%6.07%10.15%4.45%-3.21%-1,602 bps
Asset Quality
Delinquent Loans / Loans6.19%0.00%0.00%0.00%0.01%-618 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.91%2.63%2.25%2.12%1.94%-97 bps
Capital
Risk-Based Capital9.21%9.27%9.00%9.00%9.42%+21 bps
Net Worth / Assets9.21%9.27%9.00%9.00%9.42%+21 bps
Liquidity & Funding
Loans / Shares25.45%28.66%32.00%32.94%36.59%+1,114 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps