PackageTrendsPeer
Letter portraitLegal landscape

Salt Lake County Emp Credit Union

Salt Lake Cy, UT · Charter 67113

Q4 2009

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 2009, the quarter ended December 31, 2009, 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

Salt Lake County Emp Credit Union

Salt Lake Cy, UT · Charter 67113

Q4 2009

$3.0MAssets
$1.1MLoans
$2.5MShares
$608KNet Worth

Executive Summary

  • Earnings: ROA of -6.39%, down 552 bps year over year; NIM at 2.93%.
  • Asset quality: problem loans at 3.14% of loans (+314 bps YoY).
  • Capital: net worth / assets of 19.99%, down 382 bps from a year ago.
  • Funding: loans stand at 43.57% of shares as of Q4 2009.

Return on Assets (YTD, annualized)

-6.39%-552 bps YoY

Net Interest Margin (YTD, annualized)

2.93%-145 bps YoY

Efficiency Ratio (YTD, annualized)

287%+16,716 bps YoY

Net Worth / Assets

19.99%-382 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2008Q2 2008Q3 2008Q4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets-0.41%-0.66%-0.78%-0.88%0.14%0.95%-1.39%-6.39%-552 bps
Return on Equity-1.67%-2.74%-3.24%-3.68%0.59%3.97%-5.90%-31.99%-2,831 bps
Net Interest Margin4.66%4.43%4.41%4.38%4.31%4.04%4.00%2.93%-145 bps
Efficiency Ratio108.56%114.57%117.38%119.69%93.72%81.45%125.72%287%+16,716 bps
Growth
Asset Growth (YoY)2.32%1.72%-1.45%0.51%-3.39%-2.74%-5.59%-11.74%-1,225 bps
Loan Growth (YoY)-1.20%-5.48%-8.01%-6.82%-6.34%-1.25%-12.45%-20.55%-1,373 bps
Share Growth (YoY)3.67%3.03%-1.42%1.92%-2.68%-2.41%0.04%-4.00%-593 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.52%0.00%0.00%0.00%0.00%3.14%+314 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.30%0.35%0.39%0.46%0.54%0.54%0.84%0.93%+47 bps
Capital
Risk-Based Capital24.33%23.95%24.07%23.80%23.89%24.03%23.59%19.99%-382 bps
Net Worth / Assets24.33%23.95%24.07%23.80%23.89%24.03%23.59%19.99%-382 bps
Liquidity & Funding
Loans / Shares53.33%49.62%53.14%52.64%51.32%50.22%46.50%43.57%-907 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps