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The Municipal

Sioux City, IA · Charter 64021

NCUA · 1 branch

Q2 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: Q2 2022, the quarter ended June 30, 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

The Municipal

Sioux City, IA · Charter 64021

NCUA · 1 branch

Q2 2022

$23.1MAssets
$10.2MLoans
$20.8MShares
$2.3MNet Worth

Executive Summary

  • Earnings: ROA of 0.59%, down 5 bps year over year; NIM at 2.41%.
  • Asset quality: problem loans at 1.15% of loans (+74 bps YoY).
  • Capital: net worth / assets of 9.89%, up 16 bps from a year ago.
  • Funding: loans stand at 48.94% of shares as of Q2 2022.

Return on Assets (YTD, annualized)

0.59%-5 bps YoY

Net Interest Margin (YTD, annualized)

2.41%+7 bps YoY

Efficiency Ratio (YTD, annualized)

72.53%+416 bps YoY

Net Worth / Assets

9.89%+16 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022Q2 2022YoY ΔTrend
Earnings
Return on Assets0.96%0.85%0.40%0.64%0.74%0.49%0.60%0.59%-5 bps
Return on Equity9.06%8.31%4.21%6.56%7.21%4.97%6.01%5.96%-60 bps
Net Interest Margin3.05%2.86%2.27%2.34%2.45%2.39%2.46%2.41%+7 bps
Efficiency Ratio65.27%67.28%76.13%68.37%66.24%67.77%73.87%72.53%+416 bps
Growth
Asset Growth (YoY)16.03%19.87%26.97%17.28%10.64%8.32%-0.38%3.16%-1,413 bps
Loan Growth (YoY)7.58%5.95%4.00%2.65%4.16%-1.89%-1.26%-5.76%-842 bps
Share Growth (YoY)16.89%21.12%29.40%18.45%11.09%8.83%-0.98%2.98%-1,547 bps
Asset Quality
Delinquent Loans / Loans0.23%1.29%0.43%0.41%1.83%1.10%1.24%1.15%+74 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.16%1.34%1.37%1.39%1.09%1.59%1.66%1.84%+45 bps
Capital
Risk-Based Capital10.54%10.18%9.46%9.73%10.24%9.89%10.04%9.89%+16 bps
Net Worth / Assets10.54%10.18%9.46%9.73%10.24%9.89%10.04%9.89%+16 bps
Liquidity & Funding
Loans / Shares60.11%57.10%51.39%53.49%56.35%51.48%51.25%48.94%-454 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps