PackageTrendsPeer
Letter portraitLegal landscape

Sorensen Employees

Salt Lake Cy, UT · Charter 67081

Q4 2001

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: Q4 2001, the quarter ended December 31, 2001, 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

Sorensen Employees

Salt Lake Cy, UT · Charter 67081

Q4 2001

$1.7MAssets
$1.2MLoans
$1.5MShares
$209KNet Worth

Executive Summary

  • Earnings: ROA of 0.15%, down 1 bps year over year; NIM at 4.23%.
  • Asset quality: problem loans at 0.60% of loans (-77 bps YoY).
  • Capital: net worth / assets of 12.43%.
  • Funding: loans stand at 81.41% of shares as of Q4 2001.

Return on Assets (YTD, annualized)

0.15%-1 bps YoY

Net Interest Margin (YTD, annualized)

4.23%-59 bps YoY

Efficiency Ratio (YTD, annualized)

96.47%+37 bps YoY

Net Worth / Assets

12.43%

Year to date, annualized, through each quarter.

MetricQ2 1998Q4 1998Q2 1999Q4 1999Q2 2000Q4 2000Q2 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets2.12%3.53%3.29%0.16%0.32%0.50%0.08%0.15%-1 bps
Return on Equityn/an/an/an/an/a3.63%0.65%1.21%n/a
Net Interest Marginn/an/an/a4.82%4.98%6.24%4.28%4.23%-59 bps
Efficiency Ration/an/an/a96.10%93.74%92.16%98.16%96.47%+37 bps
Growth
Asset Growth (YoY)11.38%1.14%5.15%-4.66%-4.92%-14.24%-11.13%0.74%+540 bps
Loan Growth (YoY)-0.29%-7.63%-5.17%0.90%3.58%4.51%5.10%0.36%-55 bps
Share Growth (YoY)12.41%0.55%3.97%-6.72%-7.32%-17.69%-13.04%-0.18%+654 bps
Asset Quality
Delinquent Loans / Loans0.32%0.00%0.43%1.36%2.32%0.59%1.81%0.60%-77 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans2.44%2.65%1.78%1.86%1.29%1.24%1.21%1.22%-64 bps
Capital
Risk-Based Capitaln/an/an/an/an/a13.72%12.28%12.43%n/a
Net Worth / Assetsn/an/an/an/an/a13.72%12.28%12.43%n/a
Liquidity & Funding
Loans / Shares64.77%76.46%67.15%80.98%72.39%97.08%81.16%81.41%+43 bps
Liquid Assets / Assets40.53%27.43%37.46%25.78%21.74%14.25%28.68%28.60%+283 bps