PackageTrendsPeer
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Thiokol Ordnance

Marshall, TX · Charter 10472

Q2 2006

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: Q2 2006, the quarter ended June 30, 2006, 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

Thiokol Ordnance

Marshall, TX · Charter 10472

Q2 2006

$5.6MAssets
$60KLoans
$3.6MShares
$1.9MNet 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 -9.26%, down 750 bps year over year; NIM at 3.82%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 33.12%, down 94 bps from a year ago.
  • Funding: loans stand at 1.70% of shares as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

-9.26%-750 bps YoY

Net Interest Margin (YTD, annualized)

3.82%+132 bps YoY

Efficiency Ratio (YTD, annualized)

339%+17,101 bps YoY

Net Worth / Assets

33.12%-94 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets-1.76%-1.76%-1.87%-15.80%-9.26%-750 bps
Return on Equity-5.18%-4.99%-5.32%-47.63%-27.97%-2,279 bps
Net Interest Margin2.50%2.67%2.73%3.09%3.82%+132 bps
Efficiency Ratio168.31%164.35%167.23%605%339%+17,101 bps
Growth
Asset Growth (YoY)-11.04%-14.81%-12.03%-11.91%-12.87%-184 bps
Loan Growth (YoY)-43.23%-43.67%-59.14%-60.39%-57.03%-1,380 bps
Share Growth (YoY)-14.35%-17.97%-14.07%-11.87%-14.36%-1 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans10.66%12.75%19.26%22.11%24.80%+1,414 bps
Capital
Risk-Based Capital34.05%35.36%35.18%33.17%33.12%-94 bps
Net Worth / Assets34.05%35.36%35.18%33.17%33.12%-94 bps
Liquidity & Funding
Loans / Shares3.39%2.98%2.00%1.84%1.70%-169 bps
Liquid Assets / Assets25.47%43.57%54.85%47.77%0.00%-2,547 bps