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Global

Spokane, WA · Charter 68237

NCUA · 12 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

Global

Spokane, WA · Charter 68237

NCUA · 12 branches

Q2 2022

$624.6MAssets
$502.2MLoans
$554.5MShares
$52.3MNet Worth

Executive Summary

  • Earnings: ROA of 0.21%, down 70 bps year over year; NIM at 3.36%.
  • Asset quality: problem loans at 0.42% of loans (-48 bps YoY).
  • Capital: net worth / assets of 8.38%, down 23 bps from a year ago.
  • Funding: loans stand at 90.57% of shares as of Q2 2022.

Return on Assets (YTD, annualized)

0.21%-70 bps YoY

Net Interest Margin (YTD, annualized)

3.36%+3 bps YoY

Efficiency Ratio (YTD, annualized)

94.21%+1,853 bps YoY

Net Worth / Assets

8.38%-23 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022Q2 2022YoY ΔTrend
Earnings
Return on Assets0.30%0.36%0.90%0.92%0.86%0.84%0.32%0.21%-70 bps
Return on Equity3.39%4.16%10.52%10.65%10.07%9.84%3.74%2.56%-808 bps
Net Interest Margin3.42%3.35%3.28%3.32%3.30%3.25%3.36%3.36%+3 bps
Efficiency Ratio80.34%80.93%74.58%75.68%76.98%77.59%91.43%94.21%+1,853 bps
Growth
Asset Growth (YoY)7.34%13.04%19.54%13.96%14.27%12.97%9.21%9.30%-466 bps
Loan Growth (YoY)-1.99%3.80%9.54%12.57%16.38%17.91%17.93%22.26%+969 bps
Share Growth (YoY)17.95%19.76%22.12%14.98%13.78%13.78%10.06%7.20%-778 bps
Asset Quality
Delinquent Loans / Loans1.02%1.23%1.02%0.90%0.41%0.43%0.29%0.42%-48 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.05%1.05%1.06%1.04%0.96%0.92%0.82%0.72%-31 bps
Capital
Risk-Based Capital8.91%8.69%8.53%8.61%8.58%8.53%8.51%8.38%-23 bps
Net Worth / Assets8.91%8.69%8.53%8.61%8.58%8.53%8.51%8.38%-23 bps
Liquidity & Funding
Loans / Shares81.14%80.67%80.28%79.41%83.00%83.60%86.02%90.57%+1,116 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps