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First Tulsa

Tulsa, OK · Charter 21489

NCUA · 1 branch

Q3 2020

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: Q3 2020, the quarter ended September 30, 2020, 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

First Tulsa

Tulsa, OK · Charter 21489

NCUA · 1 branch

Q3 2020

$14.4MAssets
$7.8MLoans
$12.3MShares
$2.0MNet 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 0.14%, down 30 bps year over year; NIM at 3.00%.
  • Asset quality: problem loans at 0.18% of loans (-44 bps YoY).
  • Capital: net worth / assets of 13.96%, down 151 bps from a year ago.
  • Funding: loans stand at 63.72% of shares as of Q3 2020.

Financial Results

Return on Assets (YTD, annualized)

0.14%-30 bps YoY

Net Interest Margin (YTD, annualized)

3.00%-74 bps YoY

Efficiency Ratio (YTD, annualized)

89.26%-117 bps YoY

Net Worth / Assets

13.96%-151 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2019Q4 2019Q1 2020Q2 2020Q3 2020YoY ΔTrend
Earnings
Return on Assets0.44%0.38%-0.30%0.10%0.14%-30 bps
Return on Equity2.82%2.38%-1.93%0.71%0.98%-184 bps
Net Interest Margin3.74%3.82%3.51%3.19%3.00%-74 bps
Efficiency Ratio90.43%90.36%96.09%85.93%89.26%-117 bps
Growth
Asset Growth (YoY)6.45%-0.92%-1.12%5.22%11.97%+552 bps
Loan Growth (YoY)-4.59%-5.05%-8.79%-8.30%-8.74%-415 bps
Share Growth (YoY)5.81%-0.33%-1.63%5.95%15.20%+939 bps
Asset Quality
Delinquent Loans / Loans0.62%1.37%0.72%0.34%0.18%-44 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.67%0.72%0.71%0.78%0.84%+18 bps
Capital
Risk-Based Capital15.48%16.02%15.49%14.69%13.96%-151 bps
Net Worth / Assets15.48%16.02%15.49%14.69%13.96%-151 bps
Liquidity & Funding
Loans / Shares80.43%80.49%75.83%69.57%63.72%-1,672 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps