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Corrections Employees

St. Cloud, MN · Charter 64652

NCUA · 2 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

Corrections Employees

St. Cloud, MN · Charter 64652

NCUA · 2 branches

Q2 2019

$9.6MAssets
$8.6MLoans
$8.4MShares
$1.2MNet 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 -1.86%, down 297 bps year over year; NIM at 6.43%.
  • Asset quality: problem loans at 2.14% of loans (+89 bps YoY).
  • Capital: net worth / assets of 12.38%, down 7 bps from a year ago.
  • Funding: loans stand at 101.98% of shares as of Q2 2019.

Financial Results

Return on Assets (YTD, annualized)

-1.86%-297 bps YoY

Net Interest Margin (YTD, annualized)

6.43%-18 bps YoY

Efficiency Ratio (YTD, annualized)

100.19%+2,214 bps YoY

Net Worth / Assets

12.38%-7 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2018Q3 2018Q4 2018Q1 2019Q2 2019YoY ΔTrend
Earnings
Return on Assets1.11%1.04%1.27%-0.64%-1.86%-297 bps
Return on Equity8.93%8.11%10.25%-5.26%-15.03%-2,396 bps
Net Interest Margin6.61%6.54%6.09%5.96%6.43%-18 bps
Efficiency Ratio78.05%77.57%78.95%100.90%100.19%+2,214 bps
Growth
Asset Growth (YoY)-4.81%-8.67%-0.05%2.25%-0.46%+434 bps
Loan Growth (YoY)-9.49%-12.49%-6.84%-1.71%4.39%+1,388 bps
Share Growth (YoY)-6.69%-9.71%0.52%2.87%1.10%+780 bps
Asset Quality
Delinquent Loans / Loans1.24%1.93%1.99%2.18%2.14%+89 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.59%1.48%1.15%1.07%1.33%-26 bps
Capital
Risk-Based Capital12.45%12.76%12.39%12.13%12.38%-7 bps
Net Worth / Assets12.45%12.76%12.39%12.13%12.38%-7 bps
Liquidity & Funding
Loans / Shares98.77%96.28%90.98%91.69%101.98%+321 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps