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First Community

Columbia Height, MN · Charter 64287

NCUA · 3 branches

Q3 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: Q3 2022, the quarter ended September 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

First Community

Columbia Height, MN · Charter 64287

NCUA · 3 branches

Q3 2022

$204.4MAssets
$183.1MLoans
$167.0MShares
$17.2MNet 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 -0.29%, down 230 bps year over year; NIM at 3.85%.
  • Asset quality: problem loans at 0.15% of loans (-1 bps YoY).
  • Capital: net worth / assets of 8.39%, down 46 bps from a year ago.
  • Funding: loans stand at 109.59% of shares as of Q3 2022.

Financial Results

Return on Assets (YTD, annualized)

-0.29%-230 bps YoY

Net Interest Margin (YTD, annualized)

3.85%+14 bps YoY

Efficiency Ratio (YTD, annualized)

102.03%+4,203 bps YoY

Net Worth / Assets

8.39%-46 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets2.01%1.74%1.50%1.60%-0.29%-230 bps
Return on Equity22.72%19.44%16.58%16.74%-3.43%-2,615 bps
Net Interest Margin3.71%3.69%3.79%3.89%3.85%+14 bps
Efficiency Ratio60.01%63.41%69.00%67.72%102.03%+4,203 bps
Growth
Asset Growth (YoY)15.42%16.16%10.46%6.18%6.34%-909 bps
Loan Growth (YoY)5.65%11.54%13.42%11.13%18.03%+1,238 bps
Share Growth (YoY)14.84%10.85%6.91%3.15%-3.07%-1,791 bps
Asset Quality
Delinquent Loans / Loans0.16%0.25%0.22%0.17%0.15%-1 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.78%0.78%0.75%0.74%0.72%-6 bps
Capital
Risk-Based Capital8.85%8.94%9.07%9.58%8.39%-46 bps
Net Worth / Assets8.85%8.94%9.07%9.58%8.39%-46 bps
Liquidity & Funding
Loans / Shares90.00%99.15%98.03%99.05%109.59%+1,959 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps