How profitable a bank is has an effect on its long-term survivability. Earnings can be retained by the bank, giving a boost to its capital buffer, or be used to address problematic loans, potentially making the bank better prepared to withstand financial trouble. Conversely, losses lessen a bank's ability to do those things.
Columbia Savings and Loan Association fell short of the national average on Bankrate's test of earnings, achieving a score of 2 out of a possible 30.
One widely used measure of a bank's earnings is return on equity, or net income (profit, basically) divided by total equity. The most recent annualized quarterly return on equity for Columbia Savings and Loan Association was 0.57 percent, below the national average of 9.28 percent.
For the twelve months ended June 30, 2017, the bank earned net income of $6,000 on total equity of $2.1 million. The bank reported an annualized return on average assets, or ROA, of 0.05 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.14 percent.