PackageTrendsPeer
Letter portraitLegal landscape

Portland Area Community Employees

Portland, OR · Charter 64190

Q3 2005

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: Q3 2005, the quarter ended September 30, 2005, 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

Portland Area Community Employees

Portland, OR · Charter 64190

Q3 2005

$321.8MAssets
$275.5MLoans
$278.3MShares
$37.2MNet 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 1.08%, down 3 bps year over year; NIM at 2.83%.
  • Asset quality: problem loans at 0.06% of loans (-8 bps YoY).
  • Capital: net worth / assets of 11.56%, up 149 bps from a year ago.
  • Funding: loans stand at 99.02% of shares as of Q3 2005.

Financial Results

Return on Assets (YTD, annualized)

1.08%-3 bps YoY

Net Interest Margin (YTD, annualized)

2.83%+22 bps YoY

Efficiency Ratio (YTD, annualized)

69.67%+531 bps YoY

Net Worth / Assets

11.56%+149 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets1.11%1.17%1.17%1.11%1.08%-3 bps
Return on Equity11.04%11.10%10.56%9.73%9.34%-170 bps
Net Interest Margin2.61%2.70%2.84%2.85%2.83%+22 bps
Efficiency Ratio64.36%63.59%66.58%68.95%69.67%+531 bps
Growth
Asset Growth (YoY)8.30%8.63%4.77%0.33%-1.91%-1,020 bps
Loan Growth (YoY)26.19%23.80%20.18%14.36%8.48%-1,771 bps
Share Growth (YoY)6.98%5.47%4.89%1.67%1.20%-578 bps
Asset Quality
Delinquent Loans / Loans0.14%0.12%0.14%0.14%0.06%-8 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.47%0.42%0.22%0.22%0.22%-25 bps
Capital
Risk-Based Capital10.08%10.51%11.03%11.42%11.56%+149 bps
Net Worth / Assets10.08%10.51%11.03%11.42%11.56%+149 bps
Liquidity & Funding
Loans / Shares92.37%100.21%97.10%97.13%99.02%+665 bps
Liquid Assets / Assets10.96%3.95%4.50%2.66%1.68%-928 bps