PackageTrendsPeer
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Los Angeles Garment Workers

Los Angeles, CA · Charter 9255

NCUA · 1 branch

Q1 2021

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 2021, the quarter ended March 31, 2021, 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

Los Angeles Garment Workers

Los Angeles, CA · Charter 9255

NCUA · 1 branch

Q1 2021

$661KAssets
$107KLoans
$455KShares
$205KNet 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 -11.73%, down 558 bps year over year; NIM at 0.38%.
  • Asset quality: problem loans at 0.00% of loans (-66 bps YoY).
  • Capital: net worth / assets of 31.05%, down 359 bps from a year ago.
  • Funding: loans stand at 23.53% of shares as of Q1 2021.

Financial Results

Return on Assets (YTD, annualized)

-11.73%-558 bps YoY

Net Interest Margin (YTD, annualized)

0.38%-310 bps YoY

Efficiency Ratio (YTD, annualized)

2812%+255,635 bps YoY

Net Worth / Assets

31.05%-359 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2020Q2 2020Q3 2020Q4 2020Q1 2021YoY ΔTrend
Earnings
Return on Assets-6.15%-3.00%-3.82%-5.83%-11.73%-558 bps
Return on Equity-17.76%-8.62%-11.31%-18.27%-37.77%-2,002 bps
Net Interest Margin3.49%3.18%3.26%3.19%0.38%-310 bps
Efficiency Ratio256%175.35%185.61%226%2812%+255,635 bps
Growth
Asset Growth (YoY)-17.12%-17.60%-13.66%-15.32%-9.99%+713 bps
Loan Growth (YoY)40.77%26.60%1.32%-43.13%-49.17%-8,994 bps
Share Growth (YoY)-23.56%-24.05%-16.57%-15.08%-5.04%+1,852 bps
Asset Quality
Delinquent Loans / Loans0.66%2.62%3.92%0.00%0.00%-66 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.75%1.32%0.57%0.50%2.17%+141 bps
Capital
Risk-Based Capital34.64%34.88%33.79%31.92%31.05%-359 bps
Net Worth / Assets34.64%34.88%33.79%31.92%31.05%-359 bps
Liquidity & Funding
Loans / Shares43.96%41.31%32.84%26.23%23.53%-2,043 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps