PackageTrendsPeer
Letter portraitLegal landscape

Eaton Employees

Shenandoah, IA · Charter 65445

NCUA · 1 branch

Q4 2021

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 2021, the quarter ended December 31, 2021, 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

Eaton Employees

Shenandoah, IA · Charter 65445

NCUA · 1 branch

Q4 2021

$2.9MAssets
$2.6MLoans
$2.4MShares
$564KNet 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 0.30%, up 112 bps year over year; NIM at 5.16%.
  • Asset quality: problem loans at 5.31% of loans (+429 bps YoY).
  • Capital: net worth / assets of 19.27%, down 15 bps from a year ago.
  • Funding: loans stand at 112.41% of shares as of Q4 2021.

Financial Results

Return on Assets (YTD, annualized)

0.30%+112 bps YoY

Net Interest Margin (YTD, annualized)

5.16%+103 bps YoY

Efficiency Ratio (YTD, annualized)

94.19%-2,525 bps YoY

Net Worth / Assets

19.27%-15 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets-0.81%-0.20%0.04%-1.10%0.30%+112 bps
Return on Equity-4.19%-1.12%0.24%-5.53%1.57%+576 bps
Net Interest Margin4.13%4.39%4.55%4.13%5.16%+103 bps
Efficiency Ratio119.44%104.54%99.05%126.17%94.19%-2,525 bps
Growth
Asset Growth (YoY)21.76%27.16%9.29%0.00%2.38%-1,937 bps
Loan Growth (YoY)13.76%26.78%21.84%0.00%5.84%-793 bps
Share Growth (YoY)30.64%36.72%12.34%0.00%2.98%-2,766 bps
Asset Quality
Delinquent Loans / Loans1.02%0.65%3.03%1.53%5.31%+429 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.52%3.33%3.08%3.80%3.36%-16 bps
Capital
Risk-Based Capital19.42%18.17%18.19%19.82%19.27%-15 bps
Net Worth / Assets19.42%18.17%18.19%19.82%19.27%-15 bps
Liquidity & Funding
Loans / Shares109.38%109.88%115.27%105.13%112.41%+303 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps