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Edco Community

Des Moines, IA · Charter 63758

Q2 2014

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 2014, the quarter ended June 30, 2014, 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

Edco Community

Des Moines, IA · Charter 63758

Q2 2014

$44.9MAssets
$19.4MLoans
$38.0MShares
$5.7MNet Worth

Executive Summary

  • Earnings: ROA of -1.60%, down 172 bps year over year; NIM at 2.66%.
  • Asset quality: problem loans at 0.51% of loans (+14 bps YoY).
  • Capital: net worth / assets of 12.66%, down 87 bps from a year ago.
  • Funding: loans stand at 51.08% of shares as of Q2 2014.

Return on Assets (YTD, annualized)

-1.60%-172 bps YoY

Net Interest Margin (YTD, annualized)

2.66%+63 bps YoY

Efficiency Ratio (YTD, annualized)

217%+12,140 bps YoY

Net Worth / Assets

12.66%-87 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets0.15%0.21%0.05%0.13%0.70%0.51%0.41%-1.60%-172 bps
Return on Equity1.07%1.49%0.35%0.93%4.97%3.58%3.05%-12.63%-1,355 bps
Net Interest Margin2.24%2.23%1.94%2.04%2.16%2.28%2.51%2.66%+63 bps
Efficiency Ratio95.14%93.17%98.27%95.57%78.80%85.15%87.94%217%+12,140 bps
Growth
Asset Growth (YoY)8.77%6.78%6.97%2.96%0.27%0.10%2.30%3.79%+83 bps
Loan Growth (YoY)7.61%2.42%11.36%-4.37%6.73%21.12%31.81%48.40%+5,277 bps
Share Growth (YoY)9.53%7.90%7.49%5.83%2.57%2.71%0.86%0.33%-549 bps
Asset Quality
Delinquent Loans / Loans1.55%1.50%0.39%0.37%0.44%0.54%0.51%0.51%+14 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans6.95%6.66%6.28%7.18%6.12%5.30%4.63%4.67%-252 bps
Capital
Risk-Based Capital13.66%13.83%13.31%13.53%14.17%14.33%13.58%12.66%-87 bps
Net Worth / Assets13.66%13.83%13.31%13.53%14.17%14.33%13.58%12.66%-87 bps
Liquidity & Funding
Loans / Shares38.41%39.45%39.65%34.54%39.97%46.52%51.82%51.08%+1,655 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps