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Clay County Farm Bureau Co-op

Brazil, IN · Charter 82754

Q1 2014

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 2014, the quarter ended March 31, 2014, 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

Clay County Farm Bureau Co-op

Brazil, IN · Charter 82754

Q1 2014

$9.7MAssets
$2.8MLoans
$8.4MShares
$1.3MNet Worth

Executive Summary

  • Earnings: ROA of 0.25%, down 55 bps year over year; NIM at 1.52%.
  • Asset quality: problem loans at 0.26% of loans (+26 bps YoY).
  • Capital: net worth / assets of 13.58%, down 6 bps from a year ago.
  • Funding: loans stand at 32.92% of shares as of Q1 2014.

Return on Assets (YTD, annualized)

0.25%-55 bps YoY

Net Interest Margin (YTD, annualized)

1.52%-30 bps YoY

Efficiency Ratio (YTD, annualized)

83.47%+2,698 bps YoY

Net Worth / Assets

13.58%-6 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets0.52%0.62%0.71%0.80%0.78%0.68%0.72%0.25%-55 bps
Return on Equity4.00%4.67%4.82%5.85%5.75%4.85%4.78%1.86%-399 bps
Net Interest Margin1.64%1.70%2.02%1.82%1.78%1.71%1.92%1.52%-30 bps
Efficiency Ratio68.38%64.01%63.59%56.48%56.81%60.83%62.72%83.47%+2,698 bps
Growth
Asset Growth (YoY)12.29%13.84%5.38%4.54%2.70%-0.63%2.05%4.43%-11 bps
Loan Growth (YoY)10.39%10.31%0.33%-5.11%-5.20%-9.39%-5.21%0.29%+540 bps
Share Growth (YoY)13.62%15.23%5.44%4.54%2.22%-1.51%1.55%4.50%-4 bps
Asset Quality
Delinquent Loans / Loans0.14%1.05%1.45%0.00%0.10%0.08%0.21%0.26%+26 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.64%0.61%0.78%0.98%0.79%0.79%0.85%1.01%+3 bps
Capital
Risk-Based Capital13.09%13.19%14.67%13.64%13.51%13.97%15.09%13.58%-6 bps
Net Worth / Assets13.09%13.19%14.67%13.64%13.51%13.97%15.09%13.58%-6 bps
Liquidity & Funding
Loans / Shares45.20%47.37%47.32%34.30%41.92%43.58%44.17%32.92%-138 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps