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Associated Federal Employees

Salt Lake Cit, UT · Charter 9738

NCUA · 2 branches

Q1 2018

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 2018, the quarter ended March 31, 2018, 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

Associated Federal Employees

Salt Lake Cit, UT · Charter 9738

NCUA · 2 branches

Q1 2018

$27.8MAssets
$13.5MLoans
$23.4MShares
$4.7MNet 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 0.02%, down 16 bps year over year; NIM at 2.73%.
  • Asset quality: problem loans at 0.06% of loans (-26 bps YoY).
  • Capital: net worth / assets of 16.73%, up 75 bps from a year ago.
  • Funding: loans stand at 57.60% of shares as of Q1 2018.

Financial Results

Return on Assets (YTD, annualized)

0.02%-16 bps YoY

Net Interest Margin (YTD, annualized)

2.73%+17 bps YoY

Efficiency Ratio (YTD, annualized)

99.26%+588 bps YoY

Net Worth / Assets

16.73%+75 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018YoY ΔTrend
Earnings
Return on Assets0.19%0.27%0.28%0.27%0.02%-16 bps
Return on Equity1.17%1.76%1.75%1.66%0.13%-104 bps
Net Interest Margin2.56%2.55%2.64%2.69%2.73%+17 bps
Efficiency Ratio93.38%90.31%90.08%89.99%99.26%+588 bps
Growth
Asset Growth (YoY)-2.74%1.71%-0.91%0.54%-3.10%-36 bps
Loan Growth (YoY)9.12%7.04%7.41%0.20%-0.57%-969 bps
Share Growth (YoY)-3.60%1.58%-1.48%0.36%-4.51%-91 bps
Asset Quality
Delinquent Loans / Loans0.32%0.00%0.10%0.01%0.06%-26 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.92%0.79%0.71%0.66%0.70%-21 bps
Capital
Risk-Based Capital15.98%15.49%16.03%16.34%16.73%+75 bps
Net Worth / Assets15.98%15.49%16.03%16.34%16.73%+75 bps
Liquidity & Funding
Loans / Shares55.31%53.28%56.14%56.69%57.60%+228 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps