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M E C O

Hondo, TX · Charter 13644

NCUA · 1 branch

Q4 2018

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: Q4 2018, the quarter ended December 31, 2018, 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

M E C O

Hondo, TX · Charter 13644

NCUA · 1 branch

Q4 2018

$5.7MAssets
$2.5MLoans
$4.7MShares
$1.0MNet Worth

Executive Summary

  • Earnings: ROA of 1.02%, up 73 bps year over year; NIM at 3.51%.
  • Asset quality: problem loans at 0.87% of loans (+8 bps YoY).
  • Capital: net worth / assets of 17.78%, up 70 bps from a year ago.
  • Funding: loans stand at 53.04% of shares as of Q4 2018.

Return on Assets (YTD, annualized)

1.02%+73 bps YoY

Net Interest Margin (YTD, annualized)

3.51%+13 bps YoY

Efficiency Ratio (YTD, annualized)

75.98%-1,437 bps YoY

Net Worth / Assets

17.78%+70 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018Q2 2018Q3 2018Q4 2018YoY ΔTrend
Earnings
Return on Assets0.81%0.41%0.54%0.29%0.24%0.57%0.78%1.02%+73 bps
Return on Equity4.88%2.43%3.17%1.72%1.41%3.31%4.50%5.74%+401 bps
Net Interest Margin3.31%3.30%3.34%3.38%3.44%3.47%3.49%3.51%+13 bps
Efficiency Ratio79.56%84.25%83.00%90.35%89.29%84.30%80.93%75.98%-1,437 bps
Growth
Asset Growth (YoY)-0.04%-0.84%0.69%2.46%-0.16%1.26%2.40%1.88%-58 bps
Loan Growth (YoY)-3.52%-7.97%-13.05%-8.68%-5.43%-4.10%-1.21%-8.27%+41 bps
Share Growth (YoY)-0.73%-1.40%0.54%2.49%-0.34%1.10%2.30%1.26%-123 bps
Asset Quality
Delinquent Loans / Loans0.28%0.18%0.53%0.79%0.87%1.58%1.18%0.87%+8 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.35%0.18%0.19%0.18%0.28%0.29%0.29%0.39%+21 bps
Capital
Risk-Based Capital16.67%16.82%17.07%17.08%16.91%17.05%17.22%17.78%+70 bps
Net Worth / Assets16.67%16.82%17.07%17.08%16.91%17.05%17.22%17.78%+70 bps
Liquidity & Funding
Loans / Shares61.05%58.44%57.03%58.55%57.93%55.44%55.07%53.04%-551 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps