PackageTrendsPeer
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White Cap

Chicago, IL · Charter 68176

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

White Cap

Chicago, IL · Charter 68176

NCUA · 1 branch

Q3 2021

$3.0MAssets
$785KLoans
$2.2MShares
$764KNet 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 0.01%, down 48 bps year over year; NIM at 1.39%.
  • Asset quality: problem loans at 1.08% of loans (-69 bps YoY).
  • Capital: net worth / assets of 25.52%, down 247 bps from a year ago.
  • Funding: loans stand at 35.29% of shares as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

0.01%-48 bps YoY

Net Interest Margin (YTD, annualized)

1.39%-80 bps YoY

Efficiency Ratio (YTD, annualized)

108.86%+3,081 bps YoY

Net Worth / Assets

25.52%-247 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets0.49%0.04%0.61%0.07%0.01%-48 bps
Return on Equity1.74%0.16%2.33%0.28%0.04%-170 bps
Net Interest Margin2.19%1.68%1.48%1.39%1.39%-80 bps
Efficiency Ratio78.05%104.04%59.64%95.01%108.86%+3,081 bps
Growth
Asset Growth (YoY)2.65%6.60%9.38%8.20%8.46%+581 bps
Loan Growth (YoY)-18.43%-22.46%-19.44%-11.04%-18.54%-11 bps
Share Growth (YoY)4.20%8.66%12.99%11.59%12.15%+794 bps
Asset Quality
Delinquent Loans / Loans1.77%1.92%2.13%1.78%1.08%-69 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.92%2.93%3.01%2.75%2.17%-76 bps
Capital
Risk-Based Capital28.00%27.34%26.13%25.48%25.52%-247 bps
Net Worth / Assets28.00%27.34%26.13%25.48%25.52%-247 bps
Liquidity & Funding
Loans / Shares48.59%42.36%38.33%36.97%35.29%-1,329 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps