PackageTrendsPeer
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Employees First

Logan, UT · Charter 67064

NCUA · 2 branches

Q2 2022

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 2022, the quarter ended June 30, 2022, 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

Employees First

Logan, UT · Charter 67064

NCUA · 2 branches

Q2 2022

$25KAssets
$0KLoans
$0KShares
$24KNet 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 -1835.95%, down 183,581 bps year over year; NIM at -1380.59%.
  • Capital: net worth / assets of 98.16%, up 7,291 bps from a year ago.

Financial Results

Return on Assets (YTD, annualized)

-1836%-183,581 bps YoY

Net Interest Margin (YTD, annualized)

-1381%-138,293 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

98.16%+7,291 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2021Q3 2021Q4 2021Q1 2022Q2 2022YoY ΔTrend
Earnings
Return on Assets-0.15%-0.30%-16.95%-14.81%-1836%-183,581 bps
Return on Equity-0.58%-1.17%-84.37%-50.45%-1870%-186,981 bps
Net Interest Margin2.34%2.15%-13.34%0.85%-1381%-138,293 bps
Efficiency Ratio105.74%112.15%n/a1725%n/an/a
Growth
Asset Growth (YoY)4.42%-2.35%-30.77%-57.98%-98.67%-10,308 bps
Loan Growth (YoY)9.44%-21.97%-51.05%-85.94%-100.00%-10,944 bps
Share Growth (YoY)6.39%-2.46%-25.32%-60.07%-100.00%-10,639 bps
Asset Quality
Delinquent Loans / Loans4.17%4.32%7.49%100.00%n/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.00%1.82%3.31%12.21%n/an/a
Capital
Risk-Based Capital25.25%26.11%20.09%29.35%98.16%+7,291 bps
Net Worth / Assets25.25%26.11%20.09%29.35%98.16%+7,291 bps
Liquidity & Funding
Loans / Shares21.81%25.24%18.31%9.26%n/an/a
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps