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Wasco Credit Union

Heber City, UT · Charter 67054

Q1 2006

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: Q1 2006, the quarter ended March 31, 2006, 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

Wasco Credit Union

Heber City, UT · Charter 67054

Q1 2006

$6.1MAssets
$3.0MLoans
$5.4MShares
$720KNet Worth

Executive Summary

  • Earnings: ROA of 2.36%, up 151 bps year over year; NIM at 3.85%.
  • Asset quality: problem loans at 1.63% of loans (+163 bps YoY).
  • Capital: net worth / assets of 11.78%, up 122 bps from a year ago.
  • Funding: loans stand at 55.52% of shares as of Q1 2006.

Return on Assets (YTD, annualized)

2.36%+151 bps YoY

Net Interest Margin (YTD, annualized)

3.85%+123 bps YoY

Efficiency Ratio (YTD, annualized)

41.54%-2,842 bps YoY

Net Worth / Assets

11.78%+122 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005Q4 2005Q1 2006YoY ΔTrend
Earnings
Return on Assets0.81%0.75%0.68%0.85%1.09%1.11%1.11%2.36%+151 bps
Return on Equity7.71%7.10%6.43%8.01%10.31%10.44%10.19%20.00%+1,199 bps
Net Interest Margin2.60%2.60%2.42%2.62%2.61%2.67%2.65%3.85%+123 bps
Efficiency Ratio69.25%71.61%72.96%69.96%61.45%61.19%61.06%41.54%-2,842 bps
Growth
Asset Growth (YoY)13.80%13.53%6.93%2.90%7.48%8.44%7.34%3.01%+11 bps
Loan Growth (YoY)2.38%4.19%-1.91%7.29%18.78%24.39%23.87%16.34%+905 bps
Share Growth (YoY)14.87%14.44%6.97%2.40%7.41%8.31%6.90%1.00%-141 bps
Asset Quality
Delinquent Loans / Loans0.00%0.05%0.00%0.00%0.98%0.26%0.04%1.63%+163 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.05%1.04%1.08%1.00%0.88%0.84%0.87%0.86%-14 bps
Capital
Risk-Based Capital10.52%10.54%10.54%10.57%10.61%10.67%10.93%11.78%+122 bps
Net Worth / Assets10.52%10.54%10.54%10.57%10.61%10.67%10.93%11.78%+122 bps
Liquidity & Funding
Loans / Shares47.80%47.47%45.18%48.20%52.86%54.51%52.36%55.52%+732 bps
Liquid Assets / Assets50.58%49.10%51.25%47.05%44.76%43.44%45.54%43.32%-372 bps