PackageTrendsPeer
Letter portraitLegal landscape

Ward Paper Company Employees

Merrill, WI · Charter 66443

Q2 2009

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 2009, the quarter ended June 30, 2009, 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

Ward Paper Company Employees

Merrill, WI · Charter 66443

Q2 2009

$1.2MAssets
$359KLoans
$503KShares
$679KNet Worth

Executive Summary

  • Earnings: ROA of 5.22%, up 462 bps year over year; NIM at 2.64%.
  • Asset quality: problem loans at 0.34% of loans (+34 bps YoY).
  • Capital: net worth / assets of 57.37%, up 300 bps from a year ago.
  • Funding: loans stand at 71.34% of shares as of Q2 2009.

Return on Assets (YTD, annualized)

5.22%+462 bps YoY

Net Interest Margin (YTD, annualized)

2.64%-96 bps YoY

Efficiency Ratio (YTD, annualized)

161.72%+7,823 bps YoY

Net Worth / Assets

57.37%+300 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets1.15%0.85%0.03%0.60%0.65%0.47%10.40%5.22%+462 bps
Return on Equity2.13%1.58%0.05%1.10%1.19%0.86%18.48%9.09%+799 bps
Net Interest Margin3.70%3.70%3.64%3.59%3.46%3.58%3.32%2.64%-96 bps
Efficiency Ratio70.27%78.34%99.30%83.49%81.72%87.02%149.29%161.72%+7,823 bps
Growth
Asset Growth (YoY)2.95%0.91%1.56%-0.29%-0.15%-1.03%1.18%-0.40%-12 bps
Loan Growth (YoY)8.50%-5.36%-4.18%2.13%-6.84%-1.38%-7.53%-15.70%-1,782 bps
Share Growth (YoY)3.16%-0.05%1.98%-1.77%-1.19%-3.13%-3.71%-6.78%-501 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.77%0.63%0.53%0.34%+34 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans10.05%10.64%10.79%10.84%10.79%10.79%1.56%1.72%-913 bps
Capital
Risk-Based Capital54.03%53.97%53.86%54.36%54.58%55.01%56.29%57.37%+300 bps
Net Worth / Assets54.03%53.97%53.86%54.36%54.58%55.01%56.29%57.37%+300 bps
Liquidity & Funding
Loans / Shares84.55%79.72%78.25%78.88%79.71%81.16%75.15%71.34%-754 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps