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Schools

Stockton, CA · Charter 64515

NCUA · 4 branches

Q1 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: Q1 2022, the quarter ended March 31, 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

Schools

Stockton, CA · Charter 64515

NCUA · 4 branches

Q1 2022

$207.2MAssets
$61.3MLoans
$195.5MShares
$15.4MNet 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 -0.44%, down 32 bps year over year; NIM at 1.66%.
  • Asset quality: problem loans at 0.14% of loans (-18 bps YoY).
  • Capital: net worth / assets of 7.44%, down 46 bps from a year ago.
  • Funding: loans stand at 31.34% of shares as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

-0.44%-32 bps YoY

Net Interest Margin (YTD, annualized)

1.66%-33 bps YoY

Efficiency Ratio (YTD, annualized)

109.07%+865 bps YoY

Net Worth / Assets

7.44%-46 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets-0.12%0.04%0.09%-0.02%-0.44%-32 bps
Return on Equity-1.54%0.57%1.19%-0.27%-5.87%-433 bps
Net Interest Margin2.00%1.97%1.93%1.82%1.66%-33 bps
Efficiency Ratio100.42%96.40%96.46%100.20%109.07%+865 bps
Growth
Asset Growth (YoY)25.07%17.70%14.66%13.38%4.74%-2,033 bps
Loan Growth (YoY)20.44%1.39%-6.33%-17.84%-28.78%-4,922 bps
Share Growth (YoY)27.69%19.84%18.39%16.21%8.15%-1,955 bps
Asset Quality
Delinquent Loans / Loans0.33%0.25%0.20%0.41%0.14%-18 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.26%1.30%1.23%1.20%1.30%+5 bps
Capital
Risk-Based Capital7.90%7.73%7.62%7.54%7.44%-46 bps
Net Worth / Assets7.90%7.73%7.62%7.54%7.44%-46 bps
Liquidity & Funding
Loans / Shares47.59%42.03%38.30%35.02%31.34%-1,625 bps
Liquid Assets / Assets97.50%99.26%99.58%99.85%0.00%-9,750 bps