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Great Lakes

Toledo, OH · Charter 68243

NCUA · 2 branches

Q4 2018

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 2018, the quarter ended December 31, 2018, 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

Great Lakes

Toledo, OH · Charter 68243

NCUA · 2 branches

Q4 2018

$22.6MAssets
$12.6MLoans
$20.9MShares
$1.8MNet 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 -1.73%, down 52 bps year over year; NIM at 3.75%.
  • Asset quality: problem loans at 2.78% of loans (+162 bps YoY).
  • Capital: net worth / assets of 7.91%, up 23 bps from a year ago.
  • Funding: loans stand at 60.15% of shares as of Q4 2018.

Financial Results

Return on Assets (YTD, annualized)

-1.73%-52 bps YoY

Net Interest Margin (YTD, annualized)

3.75%+36 bps YoY

Efficiency Ratio (YTD, annualized)

114.70%+262 bps YoY

Net Worth / Assets

7.91%+23 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2017Q1 2018Q2 2018Q3 2018Q4 2018YoY ΔTrend
Earnings
Return on Assets-1.22%-1.61%-1.20%-1.47%-1.73%-52 bps
Return on Equity-15.83%-21.19%-14.65%-18.34%-21.90%-607 bps
Net Interest Margin3.38%3.33%3.59%3.66%3.75%+36 bps
Efficiency Ratio112.09%113.22%113.32%112.82%114.70%+262 bps
Growth
Asset Growth (YoY)2.56%-5.28%-16.19%-16.35%-20.34%-2,290 bps
Loan Growth (YoY)25.10%3.28%-12.63%-23.97%-26.84%-5,194 bps
Share Growth (YoY)-3.85%-4.09%-9.89%-9.27%-13.78%-992 bps
Asset Quality
Delinquent Loans / Loans1.16%1.32%1.60%1.01%2.78%+162 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.89%1.09%1.02%1.08%1.27%+38 bps
Capital
Risk-Based Capital7.68%7.61%8.20%8.04%7.91%+23 bps
Net Worth / Assets7.68%7.61%8.20%8.04%7.91%+23 bps
Liquidity & Funding
Loans / Shares70.90%63.54%65.23%61.11%60.15%-1,074 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps