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Southeast

Ware Shoals, SC · Charter 22215

NCUA · 4 branches

Q3 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: Q3 2017, the quarter ended September 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

Southeast

Ware Shoals, SC · Charter 22215

NCUA · 4 branches

Q3 2017

$64.3MAssets
$47.4MLoans
$53.8MShares
$10.2MNet 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 0.95%, down 35 bps year over year; NIM at 3.77%.
  • Asset quality: problem loans at 0.10% of loans (+8 bps YoY).
  • Capital: net worth / assets of 15.83%, up 58 bps from a year ago.
  • Funding: loans stand at 88.09% of shares as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

0.95%-35 bps YoY

Net Interest Margin (YTD, annualized)

3.77%+19 bps YoY

Efficiency Ratio (YTD, annualized)

82.12%+581 bps YoY

Net Worth / Assets

15.83%+58 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets1.29%1.16%0.78%0.98%0.95%-35 bps
Return on Equity8.48%7.61%5.24%6.42%5.98%-250 bps
Net Interest Margin3.58%3.58%3.60%3.65%3.77%+19 bps
Efficiency Ratio76.30%76.24%81.69%80.81%82.12%+581 bps
Growth
Asset Growth (YoY)19.44%16.96%12.17%9.16%2.23%-1,721 bps
Loan Growth (YoY)2.51%3.49%5.01%3.59%1.44%-106 bps
Share Growth (YoY)21.21%18.60%12.87%9.36%1.36%-1,984 bps
Asset Quality
Delinquent Loans / Loans0.02%0.08%0.06%0.12%0.10%+8 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.21%0.24%0.29%0.26%0.24%+4 bps
Capital
Risk-Based Capital15.25%15.29%14.99%15.28%15.83%+58 bps
Net Worth / Assets15.25%15.29%14.99%15.28%15.83%+58 bps
Liquidity & Funding
Loans / Shares88.02%88.16%84.87%84.34%88.09%+7 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps