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First Security

Elm Grove, WI · Charter 66655

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

First Security

Elm Grove, WI · Charter 66655

Q2 2009

$30.4MAssets
$21.6MLoans
$29.9MShares
$244KNet Worth

Executive Summary

  • Earnings: ROA of -15.39%, down 1,564 bps year over year; NIM at 1.91%.
  • Asset quality: problem loans at 0.13% of loans (-13 bps YoY).
  • Capital: net worth / assets of 0.80%, down 685 bps from a year ago.
  • Funding: loans stand at 72.03% of shares as of Q2 2009.

Return on Assets (YTD, annualized)

-15.39%-1,564 bps YoY

Net Interest Margin (YTD, annualized)

1.91%-80 bps YoY

Efficiency Ratio (YTD, annualized)

80.67%-629 bps YoY

Net Worth / Assets

0.80%-685 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets0.15%0.17%0.36%0.25%0.23%-0.43%-31.55%-15.39%-1,564 bps
Return on Equity2.01%2.09%4.50%3.32%2.93%-5.96%-10522%-1913%-191,619 bps
Net Interest Margin2.54%2.71%2.77%2.71%2.80%2.77%1.83%1.91%-80 bps
Efficiency Ratio88.79%89.85%84.06%86.96%86.80%108.51%120.97%80.67%-629 bps
Growth
Asset Growth (YoY)-1.17%-5.32%-6.08%-0.31%-1.82%3.36%-8.44%-16.39%-1,608 bps
Loan Growth (YoY)8.61%15.26%18.85%17.66%0.93%1.42%-1.33%-0.71%-1,836 bps
Share Growth (YoY)-1.44%-6.09%-7.01%-5.01%-3.08%4.42%-0.34%-5.91%-90 bps
Asset Quality
Delinquent Loans / Loans0.59%0.45%0.42%0.26%0.27%0.22%0.20%0.13%-13 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.58%0.45%0.46%0.43%0.54%0.44%11.42%10.69%+1,026 bps
Capital
Risk-Based Capital7.51%7.98%8.03%7.66%7.87%7.28%0.30%0.80%-685 bps
Net Worth / Assets7.51%7.98%8.03%7.66%7.87%7.28%0.30%0.80%-685 bps
Liquidity & Funding
Loans / Shares62.16%67.83%66.08%68.25%64.73%65.88%65.43%72.03%+378 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps