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Tabernacle

Augusta, GA · Charter 14103

NCUA · 1 branch

Q4 2021

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 2021, the quarter ended December 31, 2021, 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

Tabernacle

Augusta, GA · Charter 14103

NCUA · 1 branch

Q4 2021

$203KAssets
$17KLoans
$183KShares
$20KNet 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 -3.75%, down 142 bps year over year; NIM at 0.55%.
  • Asset quality: problem loans at 0.00% of loans (-736 bps YoY).
  • Capital: net worth / assets of 10.02%, down 338 bps from a year ago.
  • Funding: loans stand at 9.06% of shares as of Q4 2021.

Financial Results

Return on Assets (YTD, annualized)

-3.75%-142 bps YoY

Net Interest Margin (YTD, annualized)

0.55%-80 bps YoY

Efficiency Ratio (YTD, annualized)

374%+14,638 bps YoY

Net Worth / Assets

10.02%-338 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets-2.32%-3.20%-7.48%-5.04%-3.75%-142 bps
Return on Equity-17.34%-25.30%-79.54%-51.30%-37.40%-2,005 bps
Net Interest Margin1.35%0.20%0.46%0.45%0.55%-80 bps
Efficiency Ratio227%976%1229%371%374%+14,638 bps
Growth
Asset Growth (YoY)1.33%-0.19%-0.13%-3.05%-2.68%-401 bps
Loan Growth (YoY)-27.76%-46.90%-62.01%-63.62%-22.04%+571 bps
Share Growth (YoY)5.73%8.53%11.08%0.83%3.07%-266 bps
Asset Quality
Delinquent Loans / Loans7.36%24.47%0.00%5.86%0.00%-736 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans7.99%11.30%10.00%10.41%-6.99%-1,498 bps
Capital
Risk-Based Capital13.40%12.64%9.41%9.83%10.02%-338 bps
Net Worth / Assets13.40%12.64%9.41%9.83%10.02%-338 bps
Liquidity & Funding
Loans / Shares11.98%8.76%4.88%4.50%9.06%-292 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps