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Steinbeck

Salinas, CA · Charter 6826

Q1 2002

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: Q1 2002, the quarter ended March 31, 2002, 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

Steinbeck

Salinas, CA · Charter 6826

Q1 2002

$54.0MAssets
$39.0MLoans
$49.5MShares
$4.3MNet Worth

Executive Summary

  • Earnings: ROA of 0.69%, down 67 bps year over year; NIM at 4.87%.
  • Asset quality: problem loans at 0.30% of loans (-38 bps YoY).
  • Capital: net worth / assets of 7.92%.
  • Funding: loans stand at 78.86% of shares as of Q1 2002.

Return on Assets (YTD, annualized)

0.69%-67 bps YoY

Net Interest Margin (YTD, annualized)

4.87%-25 bps YoY

Efficiency Ratio (YTD, annualized)

85.70%+1,110 bps YoY

Net Worth / Assets

7.92%

Year to date, annualized, through each quarter.

MetricQ4 1998Q2 1999Q4 1999Q2 2000Q4 2000Q2 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets2.98%3.31%0.32%1.36%1.33%0.49%0.52%0.69%-67 bps
Return on Equityn/an/an/an/a16.24%6.44%6.35%8.66%n/a
Net Interest Marginn/an/a4.86%5.13%5.24%4.39%4.77%4.87%-25 bps
Efficiency Ration/an/a78.59%74.60%77.72%87.11%86.52%85.70%+1,110 bps
Growth
Asset Growth (YoY)5.14%12.32%5.57%1.50%-0.44%5.18%7.40%8.34%+684 bps
Loan Growth (YoY)-3.28%-3.76%-3.68%0.82%-2.04%-3.08%10.86%12.88%+1,206 bps
Share Growth (YoY)8.87%12.39%4.93%-0.87%-3.34%3.37%6.17%8.26%+913 bps
Asset Quality
Delinquent Loans / Loans0.75%0.74%0.79%0.68%0.65%0.24%0.39%0.30%-38 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.53%1.43%1.37%1.30%1.11%0.95%0.85%0.80%-50 bps
Capital
Risk-Based Capitaln/an/an/an/a8.17%7.55%8.14%7.92%n/a
Net Worth / Assetsn/an/an/an/a8.17%7.55%8.14%7.92%n/a
Liquidity & Funding
Loans / Shares75.70%70.57%77.10%75.64%76.72%66.17%80.51%78.86%+323 bps
Liquid Assets / Assets25.05%31.02%24.11%29.01%9.66%26.00%16.85%19.36%-965 bps