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Spelc

Lake Charles, LA · Charter 11203

NCUA · 1 branch

Q3 2022

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: Q3 2022, the quarter ended September 30, 2022, 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

Spelc

Lake Charles, LA · Charter 11203

NCUA · 1 branch

Q3 2022

$13.6MAssets
$7.2MLoans
$12.6MShares
$955KNet 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 -0.32%, down 71 bps year over year; NIM at 1.94%.
  • Asset quality: problem loans at 0.74% of loans (-5 bps YoY).
  • Capital: net worth / assets of 7.04%, up 39 bps from a year ago.
  • Funding: loans stand at 57.11% of shares as of Q3 2022.

Financial Results

Return on Assets (YTD, annualized)

-0.32%-71 bps YoY

Net Interest Margin (YTD, annualized)

1.94%+24 bps YoY

Efficiency Ratio (YTD, annualized)

112.39%+2,779 bps YoY

Net Worth / Assets

7.04%+39 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets0.38%0.24%-0.19%-0.27%-0.32%-71 bps
Return on Equity5.77%3.46%-2.78%-3.77%-4.58%-1,035 bps
Net Interest Margin1.71%1.82%1.83%1.90%1.94%+24 bps
Efficiency Ratio84.60%90.26%108.03%111.08%112.39%+2,779 bps
Growth
Asset Growth (YoY)17.89%-2.74%-9.12%-10.66%-9.56%-2,745 bps
Loan Growth (YoY)15.71%10.74%3.23%6.68%-0.60%-1,631 bps
Share Growth (YoY)19.35%-3.10%-9.98%-11.36%-9.87%-2,922 bps
Asset Quality
Delinquent Loans / Loans0.79%0.03%0.05%0.76%0.74%-5 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.21%0.23%0.21%0.15%0.18%-3 bps
Capital
Risk-Based Capital6.64%6.86%7.00%7.07%7.04%+39 bps
Net Worth / Assets6.64%6.86%7.00%7.07%7.04%+39 bps
Liquidity & Funding
Loans / Shares51.78%51.47%52.29%58.58%57.11%+533 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps