PackageTrendsPeer
Letter portraitLegal landscape

Canaan

Urbana, IL · Charter 68472

NCUA · 1 branch

Q4 2020

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 2020, the quarter ended December 31, 2020, 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

Canaan

Urbana, IL · Charter 68472

NCUA · 1 branch

Q4 2020

$251KAssets
$41KLoans
$238KShares
$13KNet 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 -4.08%, down 12 bps year over year; NIM at 3.08%.
  • Asset quality: problem loans at 0.00% of loans (-552 bps YoY).
  • Capital: net worth / assets of 5.01%, down 357 bps from a year ago.
  • Funding: loans stand at 17.41% of shares as of Q4 2020.

Financial Results

Return on Assets (YTD, annualized)

-4.08%-12 bps YoY

Net Interest Margin (YTD, annualized)

3.08%-41 bps YoY

Efficiency Ratio (YTD, annualized)

108.63%-303 bps YoY

Net Worth / Assets

5.01%-357 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2019Q1 2020Q2 2020Q3 2020Q4 2020YoY ΔTrend
Earnings
Return on Assets-3.96%-5.98%-3.00%-2.82%-4.08%-12 bps
Return on Equity-46.21%-103.50%-42.71%-44.80%-81.53%-3,532 bps
Net Interest Margin3.49%3.75%3.75%3.24%3.08%-41 bps
Efficiency Ratio111.65%122.00%103.60%113.46%108.63%-303 bps
Growth
Asset Growth (YoY)-14.52%-14.57%-21.89%-18.42%-22.58%-807 bps
Loan Growth (YoY)-14.40%5.31%-17.64%-39.20%-51.96%-3,756 bps
Share Growth (YoY)-12.46%-10.98%-19.99%-15.89%-19.56%-710 bps
Asset Quality
Delinquent Loans / Loans5.52%0.67%1.18%4.96%0.00%-552 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans5.73%5.32%6.43%7.52%21.06%+1,533 bps
Capital
Risk-Based Capital8.58%5.78%7.03%6.30%5.01%-357 bps
Net Worth / Assets8.58%5.78%7.03%6.30%5.01%-357 bps
Liquidity & Funding
Loans / Shares29.15%25.40%24.95%20.67%17.41%-1,174 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps