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S E L H

Mandeville, LA · Charter 10509

NCUA · 1 branch

Q2 2023

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 2023, the quarter ended June 30, 2023, 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

S E L H

Mandeville, LA · Charter 10509

NCUA · 1 branch

Q2 2023

$3.9MAssets
$1.9MLoans
$3.5MShares
$333KNet 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 -1.06%, down 130 bps year over year; NIM at 4.48%.
  • Asset quality: problem loans at 1.94% of loans (+92 bps YoY).
  • Capital: net worth / assets of 8.56%, up 116 bps from a year ago.
  • Funding: loans stand at 52.20% of shares as of Q2 2023.

Financial Results

Return on Assets (YTD, annualized)

-1.06%-130 bps YoY

Net Interest Margin (YTD, annualized)

4.48%+218 bps YoY

Efficiency Ratio (YTD, annualized)

94.20%+118 bps YoY

Net Worth / Assets

8.56%+116 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets0.24%-0.60%-0.71%-0.67%-1.06%-130 bps
Return on Equity3.18%-7.94%-8.74%-8.48%-12.39%-1,556 bps
Net Interest Margin2.29%2.81%3.23%4.04%4.48%+218 bps
Efficiency Ratio93.02%110.07%107.35%93.48%94.20%+118 bps
Growth
Asset Growth (YoY)23.37%7.61%-5.96%-6.23%-26.29%-4,966 bps
Loan Growth (YoY)62.23%52.48%44.17%19.35%18.24%-4,400 bps
Share Growth (YoY)19.65%9.50%-5.78%-5.88%-23.30%-4,294 bps
Asset Quality
Delinquent Loans / Loans1.03%0.70%0.72%0.43%1.94%+92 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.75%0.32%0.07%0.80%1.16%+41 bps
Capital
Risk-Based Capital7.41%7.60%8.16%7.84%8.56%+116 bps
Net Worth / Assets7.41%7.60%8.16%7.84%8.56%+116 bps
Liquidity & Funding
Loans / Shares33.86%37.16%46.18%41.39%52.20%+1,834 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps