PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

G. P. M.

San Antonio, TX · Charter 20391

NCUA · 1 branch

Q3 2023

$1.1MAssets
$413KLoans
$699KShares
$433KNet 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 1.49%, down 251 bps year over year; NIM at 3.27%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 38.17%, up 269 bps from a year ago.
  • Funding: loans stand at 59.04% of shares as of Q3 2023.

Financial Results

Return on Assets (quarter, annualized)

1.49%-251 bps YoY

Net Interest Margin (quarter, annualized)

3.27%-327 bps YoY

Efficiency Ratio (quarter, annualized)

54.48%+2,048 bps YoY

Net Worth / Assets

38.17%+269 bps YoY

Discrete quarter, annualized.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023YoY ΔTrend
Earnings
Return on Assets4.00%3.25%0.49%1.24%1.49%-251 bps
Return on Equity11.28%9.20%1.25%3.27%3.90%-738 bps
Net Interest Margin6.54%5.35%3.73%3.42%3.27%-327 bps
Efficiency Ratio34.00%34.82%86.97%63.61%54.48%+2,048 bps
Growth
Asset Growth (YoY)-14.76%1.29%-7.10%-8.34%-4.01%+1,075 bps
Loan Growth (YoY)-8.58%-10.63%-4.14%-17.61%6.44%+1,502 bps
Share Growth (YoY)-24.15%-3.08%-14.87%-13.32%-7.90%+1,625 bps
Asset Quality
Delinquent Loans / Loans0.00%4.85%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.43%1.57%0.32%0.33%0.31%-112 bps
Capital
Risk-Based Capital35.48%35.37%38.80%37.99%38.17%+269 bps
Net Worth / Assets35.48%35.37%38.80%37.99%38.17%+269 bps
Liquidity & Funding
Loans / Shares51.09%56.30%65.71%57.47%59.04%+795 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps