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Panhandle Educators

Panama City, FL · Charter 11804

NCUA · 6 branches

Q3 2020

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 2020, the quarter ended September 30, 2020, 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

Panhandle Educators

Panama City, FL · Charter 11804

NCUA · 6 branches

Q3 2020

$263.2MAssets
$123.1MLoans
$227.8MShares
$31.6MNet 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 0.85%, down 64 bps year over year; NIM at 2.50%.
  • Asset quality: problem loans at 0.15% of loans (-18 bps YoY).
  • Capital: net worth / assets of 12.01%, up 67 bps from a year ago.
  • Funding: loans stand at 54.05% of shares as of Q3 2020.

Financial Results

Return on Assets (YTD, annualized)

0.85%-64 bps YoY

Net Interest Margin (YTD, annualized)

2.50%-56 bps YoY

Efficiency Ratio (YTD, annualized)

72.45%+1,113 bps YoY

Net Worth / Assets

12.01%+67 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2019Q4 2019Q1 2020Q2 2020Q3 2020YoY ΔTrend
Earnings
Return on Assets1.49%1.41%1.08%0.94%0.85%-64 bps
Return on Equity13.17%11.92%8.92%7.93%7.08%-609 bps
Net Interest Margin3.07%3.10%2.87%2.56%2.50%-56 bps
Efficiency Ratio61.32%63.18%72.38%71.83%72.45%+1,113 bps
Growth
Asset Growth (YoY)38.25%1.30%-4.41%-0.26%2.26%-3,600 bps
Loan Growth (YoY)7.36%4.89%7.75%7.89%13.76%+640 bps
Share Growth (YoY)40.55%0.13%-6.25%-1.36%2.37%-3,817 bps
Asset Quality
Delinquent Loans / Loans0.33%0.40%0.27%0.20%0.15%-18 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.30%1.34%1.20%1.35%1.34%+4 bps
Capital
Risk-Based Capital11.34%11.87%12.13%11.82%12.01%+67 bps
Net Worth / Assets11.34%11.87%12.13%11.82%12.01%+67 bps
Liquidity & Funding
Loans / Shares48.64%50.17%52.02%49.95%54.05%+541 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps