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Shoreline

Muskegon, MI · Charter 8412

NCUA · 2 branches

Q1 2017

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 2017, the quarter ended March 31, 2017, 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

Shoreline

Muskegon, MI · Charter 8412

NCUA · 2 branches

Q1 2017

$17.7MAssets
$6.0MLoans
$16.0MShares
$1.5MNet 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 0.13%, down 196 bps year over year; NIM at 2.05%.
  • Asset quality: problem loans at 0.40% of loans (-31 bps YoY).
  • Capital: net worth / assets of 8.38%, down 19 bps from a year ago.
  • Funding: loans stand at 37.39% of shares as of Q1 2017.

Financial Results

Return on Assets (YTD, annualized)

0.13%-196 bps YoY

Net Interest Margin (YTD, annualized)

2.05%+33 bps YoY

Efficiency Ratio (YTD, annualized)

96.47%+3,472 bps YoY

Net Worth / Assets

8.38%-19 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets2.09%1.06%0.27%-0.24%0.13%-196 bps
Return on Equity24.42%11.92%2.97%-2.79%1.60%-2,282 bps
Net Interest Margin1.72%2.21%2.33%2.26%2.05%+33 bps
Efficiency Ratio61.75%74.36%90.44%98.78%96.47%+3,472 bps
Growth
Asset Growth (YoY)12.61%11.67%-1.05%-0.16%-6.83%-1,945 bps
Loan Growth (YoY)-8.54%-13.74%-14.65%-15.20%-14.74%-620 bps
Share Growth (YoY)4.97%3.46%-1.71%-0.19%-7.07%-1,204 bps
Asset Quality
Delinquent Loans / Loans0.71%0.56%0.21%0.14%0.40%-31 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.87%0.69%0.67%0.81%0.81%-6 bps
Capital
Risk-Based Capital8.56%8.86%9.08%8.52%8.38%-19 bps
Net Worth / Assets8.56%8.86%9.08%8.52%8.38%-19 bps
Liquidity & Funding
Loans / Shares40.76%40.06%42.39%40.49%37.39%-337 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps