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The Labor

Neenah, WI · Charter 66763

NCUA · 1 branch

Q3 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: Q3 2019, the quarter ended September 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

The Labor

Neenah, WI · Charter 66763

NCUA · 1 branch

Q3 2019

$1.6MAssets
$1.2MLoans
$1.5MShares
$140KNet 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 -0.73%, down 75 bps year over year; NIM at 3.41%.
  • Asset quality: problem loans at 1.52% of loans (-17 bps YoY).
  • Capital: net worth / assets of 8.53%, down 4 bps from a year ago.
  • Funding: loans stand at 82.27% of shares as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

-0.73%-75 bps YoY

Net Interest Margin (YTD, annualized)

3.41%+18 bps YoY

Efficiency Ratio (YTD, annualized)

116.58%+1,573 bps YoY

Net Worth / Assets

8.53%-4 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets0.01%0.02%-0.79%-0.52%-0.73%-75 bps
Return on Equity0.15%0.24%-8.81%-6.13%-8.61%-877 bps
Net Interest Margin3.23%3.37%3.25%3.23%3.41%+18 bps
Efficiency Ratio100.85%100.90%123.58%115.44%116.58%+1,573 bps
Growth
Asset Growth (YoY)-2.25%-1.55%-4.32%-0.93%-5.49%-324 bps
Loan Growth (YoY)-14.07%-11.94%-3.66%2.10%3.13%+1,719 bps
Share Growth (YoY)-2.39%-1.67%-4.56%-0.84%-5.62%-323 bps
Asset Quality
Delinquent Loans / Loans1.69%0.00%0.00%1.51%1.52%-17 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.13%0.10%0.09%0.10%0.24%+11 bps
Capital
Risk-Based Capital8.57%9.06%8.95%8.47%8.53%-4 bps
Net Worth / Assets8.57%9.06%8.95%8.47%8.53%-4 bps
Liquidity & Funding
Loans / Shares75.29%80.93%87.61%81.71%82.27%+698 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps