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Ets

Eldora, IA · Charter 63982

NCUA · 1 branch

Q4 2018

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: Q4 2018, the quarter ended December 31, 2018, 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 2026-10-10

Ets

Eldora, IA · Charter 63982

NCUA · 1 branch

Q4 2018

$2.4MAssets
$929KLoans
$1.9MShares
$470KNet 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 1.27%, up 23 bps year over year; NIM at 2.86%.
  • Asset quality: problem loans at 4.16% of loans (+333 bps YoY).
  • Capital: net worth / assets of 19.48%, up 419 bps from a year ago.
  • Funding: loans stand at 47.83% of shares as of Q4 2018.

Financial Results

Return on Assets (YTD, annualized)

1.27%+23 bps YoY

Net Interest Margin (YTD, annualized)

2.86%+77 bps YoY

Efficiency Ratio (YTD, annualized)

55.65%+538 bps YoY

Net Worth / Assets

19.48%+419 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2017Q1 2018Q2 2018Q3 2018Q4 2018YoY ΔTrend
Earnings
Return on Assets1.04%0.97%1.10%1.32%1.27%+23 bps
Return on Equity6.80%6.37%7.04%8.27%6.51%-30 bps
Net Interest Margin2.09%2.19%2.24%2.42%2.86%+77 bps
Efficiency Ratio50.27%55.40%50.81%45.21%55.65%+538 bps
Growth
Asset Growth (YoY)5.19%3.21%2.38%1.22%-15.07%-2,026 bps
Loan Growth (YoY)-2.90%-5.57%5.39%15.08%17.95%+2,085 bps
Share Growth (YoY)4.87%2.58%1.46%-0.06%-19.24%-2,410 bps
Asset Quality
Delinquent Loans / Loans0.83%2.90%3.53%2.07%4.16%+333 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.19%4.17%3.79%3.57%3.60%-59 bps
Capital
Risk-Based Capital15.29%15.30%15.64%16.01%19.48%+419 bps
Net Worth / Assets15.29%15.30%15.64%16.01%19.48%+419 bps
Liquidity & Funding
Loans / Shares32.75%32.39%36.00%38.43%47.83%+1,508 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps