PackageTrendsPeer
Letter portraitLegal landscape

Jax Glidco Employees

Jacksonville, FL · Charter 13807

NCUA · 1 branch

Q2 2017

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 2017, the quarter ended June 30, 2017, 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

Jax Glidco Employees

Jacksonville, FL · Charter 13807

NCUA · 1 branch

Q2 2017

$961KAssets
$0KLoans
$862KShares
$98KNet 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 -7.00%, down 689 bps year over year; NIM at 5.52%.
  • Capital: net worth / assets of 10.24%, up 180 bps from a year ago.
  • Funding: loans stand at 0.00% of shares as of Q2 2017.

Financial Results

Return on Assets (YTD, annualized)

-7.00%-689 bps YoY

Net Interest Margin (YTD, annualized)

5.52%+237 bps YoY

Efficiency Ratio (YTD, annualized)

206%+10,310 bps YoY

Net Worth / Assets

10.24%+180 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2016Q3 2016Q4 2016Q1 2017Q2 2017YoY ΔTrend
Earnings
Return on Assets-0.12%-0.69%-2.70%-3.03%-7.00%-689 bps
Return on Equity-1.38%-8.69%-41.60%-53.98%-68.37%-6,699 bps
Net Interest Margin3.15%3.08%3.29%2.93%5.52%+237 bps
Efficiency Ratio103.01%118.10%132.62%185.73%206%+10,310 bps
Growth
Asset Growth (YoY)3.28%4.89%-9.09%-8.07%-56.33%-5,961 bps
Loan Growth (YoY)-1.23%-12.05%-11.36%-20.98%-100.00%-9,877 bps
Share Growth (YoY)2.40%5.91%-7.22%-5.31%-57.18%-5,958 bps
Asset Quality
Delinquent Loans / Loans1.54%1.84%0.00%0.15%n/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.45%0.49%1.69%1.85%n/an/a
Capital
Risk-Based Capital8.44%7.91%6.50%5.61%10.24%+180 bps
Net Worth / Assets8.44%7.91%6.50%5.61%10.24%+180 bps
Liquidity & Funding
Loans / Shares60.40%55.06%56.98%50.48%0.00%-6,040 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps