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Harrison District No 2

Colorado Spring, CO · Charter 12056

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

Harrison District No 2

Colorado Spring, CO · Charter 12056

NCUA · 1 branch

Q2 2023

$16.2MAssets
$11.5MLoans
$15.0MShares
$1.1MNet Worth

Executive Summary

  • Earnings: ROA of 0.30%, up 371 bps year over year; NIM at 3.20%.
  • Asset quality: problem loans at 3.78% of loans (-46 bps YoY).
  • Capital: net worth / assets of 6.79%, up 77 bps from a year ago.
  • Funding: loans stand at 76.47% of shares as of Q2 2023.

Return on Assets (YTD, annualized)

0.30%+371 bps YoY

Net Interest Margin (YTD, annualized)

3.20%+107 bps YoY

Efficiency Ratio (YTD, annualized)

92.01%-1,755 bps YoY

Net Worth / Assets

6.79%+77 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets0.15%0.40%-0.20%-3.42%-2.87%-4.33%0.67%0.30%+371 bps
Return on Equity1.63%4.27%-2.21%-56.77%-40.53%-68.40%10.07%4.37%+6,114 bps
Net Interest Margin2.74%2.66%2.10%2.13%2.42%2.27%3.30%3.20%+107 bps
Efficiency Ratio94.15%87.91%106.92%109.56%106.47%131.79%85.21%92.01%-1,755 bps
Growth
Asset Growth (YoY)-2.75%-5.59%-2.24%-6.94%1.61%-2.19%-8.86%-7.46%-51 bps
Loan Growth (YoY)3.22%-2.70%-4.97%-11.01%-6.30%11.80%15.87%14.53%+2,554 bps
Share Growth (YoY)-3.21%-5.86%-2.60%-4.22%4.03%0.43%-6.78%-8.80%-459 bps
Asset Quality
Delinquent Loans / Loans2.27%7.19%7.20%4.24%3.81%3.97%3.45%3.78%-46 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.25%0.24%0.08%0.06%0.72%1.62%0.00%0.00%-6 bps
Capital
Risk-Based Capital9.40%9.42%9.00%6.02%7.08%6.33%6.70%6.79%+77 bps
Net Worth / Assets9.40%9.42%9.00%6.02%7.08%6.33%6.70%6.79%+77 bps
Liquidity & Funding
Loans / Shares70.48%69.17%62.26%60.88%63.48%77.01%77.39%76.47%+1,558 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps