PackageTrendsPeer
Letter portraitLegal landscape

Lufkin Municipal Employees

Lufkin, TX · Charter 21665

Q1 2004

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: Q1 2004, the quarter ended March 31, 2004, 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

Lufkin Municipal Employees

Lufkin, TX · Charter 21665

Q1 2004

$2.6MAssets
$738KLoans
$2.3MShares
$218KNet Worth

Executive Summary

  • Earnings: ROA of -33.75%, down 3,380 bps year over year; NIM at -25.89%.
  • Asset quality: problem loans at 2.36% of loans (+81 bps YoY).
  • Capital: net worth / assets of 8.50%, down 824 bps from a year ago.
  • Funding: loans stand at 31.44% of shares as of Q1 2004.

Return on Assets (YTD, annualized)

-33.75%-3,380 bps YoY

Net Interest Margin (YTD, annualized)

-25.89%-2,776 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

8.50%-824 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003Q3 2003Q4 2003Q1 2004YoY ΔTrend
Earnings
Return on Assets0.26%0.49%0.49%0.06%0.24%0.29%0.27%-33.75%-3,380 bps
Return on Equity1.60%2.79%2.78%0.34%1.47%1.78%1.60%-397%-39,747 bps
Net Interest Margin2.14%2.37%2.31%1.87%1.96%1.96%2.09%-25.89%-2,776 bps
Efficiency Ratio87.89%79.57%79.07%96.99%87.73%85.35%86.30%n/an/a
Growth
Asset Growth (YoY)3.18%10.09%9.26%7.51%3.25%11.15%6.42%0.37%-714 bps
Loan Growth (YoY)-4.21%-4.84%-17.98%-16.64%-6.53%1.25%12.45%-4.73%+1,191 bps
Share Growth (YoY)3.37%12.42%11.50%9.14%3.70%13.20%7.62%10.77%+163 bps
Asset Quality
Delinquent Loans / Loans3.35%0.10%1.18%1.55%3.98%4.16%3.28%2.36%+81 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans2.58%2.61%2.93%2.78%2.82%2.67%1.18%6.79%+402 bps
Capital
Risk-Based Capital16.46%17.62%17.64%16.74%16.38%16.18%16.85%8.50%-824 bps
Net Worth / Assets16.46%17.62%17.64%16.74%16.38%16.18%16.85%8.50%-824 bps
Liquidity & Funding
Loans / Shares38.65%41.05%36.65%36.56%34.84%36.72%38.30%31.44%-512 bps
Liquid Assets / Assets66.80%65.19%68.95%68.66%69.83%68.21%66.78%69.81%+115 bps