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Northern California Latvian

Los Gatos, CA · Charter 63097

NCUA · 1 branch

Q1 2019

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 2019, the quarter ended March 31, 2019, 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

Northern California Latvian

Los Gatos, CA · Charter 63097

NCUA · 1 branch

Q1 2019

$1.4MAssets
$50KLoans
$1.2MShares
$226KNet 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 -2.22%, down 67 bps year over year; NIM at 1.01%.
  • Asset quality: problem loans at 7.93% of loans (-1,047 bps YoY).
  • Capital: net worth / assets of 15.82%, down 86 bps from a year ago.
  • Funding: loans stand at 4.21% of shares as of Q1 2019.

Financial Results

Return on Assets (YTD, annualized)

-2.22%-67 bps YoY

Net Interest Margin (YTD, annualized)

1.01%+41 bps YoY

Efficiency Ratio (YTD, annualized)

322%-4,475 bps YoY

Net Worth / Assets

15.82%-86 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2018Q2 2018Q3 2018Q4 2018Q1 2019YoY ΔTrend
Earnings
Return on Assets-1.55%-1.11%-1.21%-1.06%-2.22%-67 bps
Return on Equity-9.30%-6.66%-7.48%-6.51%-14.02%-472 bps
Net Interest Margin0.60%1.03%0.92%0.99%1.01%+41 bps
Efficiency Ratio367%216%245%215%322%-4,475 bps
Growth
Asset Growth (YoY)-8.72%-9.12%-2.21%-2.98%-2.15%+657 bps
Loan Growth (YoY)-33.66%46.55%44.19%74.59%21.14%+5,481 bps
Share Growth (YoY)-8.72%-9.12%-0.72%-1.53%-1.04%+769 bps
Asset Quality
Delinquent Loans / Loans18.40%7.92%7.18%6.64%7.93%-1,047 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.94%1.24%1.08%1.46%1.79%-115 bps
Capital
Risk-Based Capital16.68%16.63%16.20%16.26%15.82%-86 bps
Net Worth / Assets16.68%16.63%16.20%16.26%15.82%-86 bps
Liquidity & Funding
Loans / Shares3.44%7.08%6.43%6.03%4.21%+77 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps