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First Financial

West Covina, CA · Charter 68404

NCUA · 11 branches

Q4 2016

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 2016, the quarter ended December 31, 2016, 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

First Financial

West Covina, CA · Charter 68404

NCUA · 11 branches

Q4 2016

$510.0MAssets
$410.6MLoans
$464.7MShares
$41.5MNet 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 0.60%, up 18 bps year over year; NIM at 4.01%.
  • Asset quality: problem loans at 0.39% of loans (-1 bps YoY).
  • Capital: net worth / assets of 8.14%, down 48 bps from a year ago.
  • Funding: loans stand at 88.35% of shares as of Q4 2016.

Financial Results

Return on Assets (YTD, annualized)

0.60%+18 bps YoY

Net Interest Margin (YTD, annualized)

4.01%-30 bps YoY

Efficiency Ratio (YTD, annualized)

83.44%-414 bps YoY

Net Worth / Assets

8.14%-48 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets0.42%1.10%0.84%0.69%0.60%+18 bps
Return on Equity4.85%12.56%10.24%8.53%7.31%+246 bps
Net Interest Margin4.31%4.36%4.04%3.94%4.01%-30 bps
Efficiency Ratio87.58%77.24%80.76%80.88%83.44%-414 bps
Growth
Asset Growth (YoY)4.79%3.67%11.17%16.03%14.31%+952 bps
Loan Growth (YoY)19.42%18.08%19.43%10.17%6.58%-1,284 bps
Share Growth (YoY)5.38%3.50%5.43%17.15%14.94%+956 bps
Asset Quality
Delinquent Loans / Loans0.40%0.33%0.26%0.33%0.39%-1 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.54%0.52%0.48%0.49%0.44%-10 bps
Capital
Risk-Based Capital8.63%8.72%8.22%8.10%8.14%-48 bps
Net Worth / Assets8.63%8.72%8.22%8.10%8.14%-48 bps
Liquidity & Funding
Loans / Shares95.28%97.17%97.46%87.74%88.35%-694 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps