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Blue Plans

Des Moines, IA · Charter 64308

NCUA · 4 branches

Q2 2019

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 2019, the quarter ended June 30, 2019, 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

Blue Plans

Des Moines, IA · Charter 64308

NCUA · 4 branches

Q2 2019

$17.1MAssets
$14.5MLoans
$15.1MShares
$1.7MNet 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 0.39%, down 25 bps year over year; NIM at 4.56%.
  • Asset quality: problem loans at 1.26% of loans (-20 bps YoY).
  • Capital: net worth / assets of 9.81%, down 319 bps from a year ago.
  • Funding: loans stand at 96.09% of shares as of Q2 2019.

Financial Results

Return on Assets (YTD, annualized)

0.39%-25 bps YoY

Net Interest Margin (YTD, annualized)

4.56%-69 bps YoY

Efficiency Ratio (YTD, annualized)

87.95%+1,266 bps YoY

Net Worth / Assets

9.81%-319 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2018Q3 2018Q4 2018Q1 2019Q2 2019YoY ΔTrend
Earnings
Return on Assets0.64%0.76%-0.56%0.86%0.39%-25 bps
Return on Equity4.90%6.12%-5.12%8.29%3.93%-97 bps
Net Interest Margin5.25%5.07%4.96%4.67%4.56%-69 bps
Efficiency Ratio75.29%72.43%94.12%73.91%87.95%+1,266 bps
Growth
Asset Growth (YoY)7.45%16.04%17.69%23.44%25.42%+1,796 bps
Loan Growth (YoY)29.07%27.60%23.91%30.31%25.38%-368 bps
Share Growth (YoY)7.91%17.72%19.33%25.72%28.12%+2,021 bps
Asset Quality
Delinquent Loans / Loans1.46%2.28%1.17%1.15%1.26%-20 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.62%1.65%1.54%1.52%1.39%-22 bps
Capital
Risk-Based Capital13.00%12.49%10.99%10.38%9.81%-319 bps
Net Worth / Assets13.00%12.49%10.99%10.38%9.81%-319 bps
Liquidity & Funding
Loans / Shares98.19%98.39%99.86%96.24%96.09%-210 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps