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Meadow Gold Employees Credit Union

Salt Lake Cy, UT · Charter 67067

NCUA · 1 branch

Q3 2021

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 2021, the quarter ended September 30, 2021, 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

Meadow Gold Employees Credit Union

Salt Lake Cy, UT · Charter 67067

NCUA · 1 branch

Q3 2021

$5.6MAssets
$2.3MLoans
$4.5MShares
$1.1MNet 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 0.05%, up 96 bps year over year; NIM at 2.85%.
  • Asset quality: problem loans at 0.00% of loans (-91 bps YoY).
  • Capital: net worth / assets of 19.35%, down 318 bps from a year ago.
  • Funding: loans stand at 51.22% of shares as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

0.05%+96 bps YoY

Net Interest Margin (YTD, annualized)

2.85%-26 bps YoY

Efficiency Ratio (YTD, annualized)

106.20%-937 bps YoY

Net Worth / Assets

19.35%-318 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets-0.91%-1.16%-0.48%0.10%0.05%+96 bps
Return on Equity-4.02%-5.42%-2.40%0.51%0.27%+429 bps
Net Interest Margin3.12%3.15%2.77%2.70%2.85%-26 bps
Efficiency Ratio115.58%118.03%110.74%108.50%106.20%-937 bps
Growth
Asset Growth (YoY)5.26%8.40%14.23%14.17%14.01%+875 bps
Loan Growth (YoY)-9.02%-5.72%1.20%-1.60%-6.57%+245 bps
Share Growth (YoY)8.21%12.82%20.14%18.98%18.96%+1,075 bps
Asset Quality
Delinquent Loans / Loans0.91%0.87%0.00%0.00%0.00%-91 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.89%1.30%1.35%0.84%0.87%-2 bps
Capital
Risk-Based Capital22.53%21.34%19.92%18.87%19.35%-318 bps
Net Worth / Assets22.53%21.34%19.92%18.87%19.35%-318 bps
Liquidity & Funding
Loans / Shares65.21%62.46%56.63%51.69%51.22%-1,400 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps