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McCormick Midwest Employees

Atchison, KS · Charter 63337

NCUA · 1 branch

Q2 2020

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: Q2 2020, the quarter ended June 30, 2020, 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

McCormick Midwest Employees

Atchison, KS · Charter 63337

NCUA · 1 branch

Q2 2020

$5.1MAssets
$4.6MLoans
$4.5MShares
$480KNet 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 1.02%, down 66 bps year over year; NIM at 5.19%.
  • Asset quality: problem loans at 1.31% of loans (+28 bps YoY).
  • Capital: net worth / assets of 9.32%, up 105 bps from a year ago.
  • Funding: loans stand at 103.33% of shares as of Q2 2020.

Financial Results

Return on Assets (YTD, annualized)

1.02%-66 bps YoY

Net Interest Margin (YTD, annualized)

5.19%-35 bps YoY

Efficiency Ratio (YTD, annualized)

70.75%+641 bps YoY

Net Worth / Assets

9.32%+105 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2019Q3 2019Q4 2019Q1 2020Q2 2020YoY ΔTrend
Earnings
Return on Assets1.67%1.83%1.85%1.47%1.02%-66 bps
Return on Equity20.24%21.55%20.01%15.75%10.92%-932 bps
Net Interest Margin5.54%5.43%5.62%5.27%5.19%-35 bps
Efficiency Ratio64.34%63.14%63.87%63.96%70.75%+641 bps
Growth
Asset Growth (YoY)15.65%12.80%8.41%9.06%5.44%-1,020 bps
Loan Growth (YoY)16.42%11.09%4.63%7.07%-1.56%-1,798 bps
Share Growth (YoY)12.73%10.66%10.88%0.27%1.53%-1,120 bps
Asset Quality
Delinquent Loans / Loans1.03%2.15%1.81%1.77%1.31%+28 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.72%0.78%0.86%0.83%0.76%+3 bps
Capital
Risk-Based Capital8.27%8.50%9.22%9.31%9.32%+105 bps
Net Worth / Assets8.27%8.50%9.22%9.31%9.32%+105 bps
Liquidity & Funding
Loans / Shares106.58%104.59%101.91%109.00%103.33%-325 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps