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Star Tribune Employees

Minneapolis, MN · Charter 64706

NCUA · 2 branches

Q4 2023

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: Q4 2023, the quarter ended December 31, 2023, 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

Star Tribune Employees

Minneapolis, MN · Charter 64706

NCUA · 2 branches

Q4 2023

$88.6MAssets
$65.6MLoans
$81.6MShares
$6.6MNet 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 -0.38%, down 77 bps year over year; NIM at 2.52%.
  • Asset quality: problem loans at 0.06% of loans (-27 bps YoY).
  • Capital: net worth / assets of 7.41%, up 4 bps from a year ago.
  • Funding: loans stand at 80.37% of shares as of Q4 2023.

Financial Results

Return on Assets (YTD, annualized)

-0.38%-77 bps YoY

Net Interest Margin (YTD, annualized)

2.52%-7 bps YoY

Efficiency Ratio (YTD, annualized)

103.14%+1,797 bps YoY

Net Worth / Assets

7.41%+4 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2022Q1 2023Q2 2023Q3 2023Q4 2023YoY ΔTrend
Earnings
Return on Assets0.39%-0.25%-0.35%-0.29%-0.38%-77 bps
Return on Equity5.26%-3.39%-4.81%-4.04%-5.15%-1,041 bps
Net Interest Margin2.59%2.38%2.41%2.44%2.52%-7 bps
Efficiency Ratio85.17%101.43%103.57%102.87%103.14%+1,797 bps
Growth
Asset Growth (YoY)9.65%4.72%-3.10%-3.52%-5.41%-1,506 bps
Loan Growth (YoY)13.85%9.07%2.91%-0.41%-1.81%-1,566 bps
Share Growth (YoY)9.71%4.81%-3.44%-3.56%-5.42%-1,513 bps
Asset Quality
Delinquent Loans / Loans0.34%0.23%0.41%0.30%0.06%-27 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.34%0.36%0.38%0.00%0.00%-34 bps
Capital
Risk-Based Capital7.36%7.25%7.29%7.29%7.41%+4 bps
Net Worth / Assets7.36%7.25%7.29%7.29%7.41%+4 bps
Liquidity & Funding
Loans / Shares77.41%77.83%79.44%78.82%80.37%+296 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps