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United Methodist of Mississippi

Booneville, MS · Charter 24745

NCUA · 1 branch

Q1 2024

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 2024, the quarter ended March 31, 2024, 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

United Methodist of Mississippi

Booneville, MS · Charter 24745

NCUA · 1 branch

Q1 2024

$476KAssets
$400KLoans
$459KShares
$17KNet 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 -14.89%, down 1,424 bps year over year; NIM at 4.46%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 3.61%, down 497 bps from a year ago.
  • Funding: loans stand at 87.10% of shares as of Q1 2024.

Financial Results

Return on Assets (YTD, annualized)

-14.89%-1,424 bps YoY

Net Interest Margin (YTD, annualized)

4.46%-25 bps YoY

Efficiency Ratio (YTD, annualized)

206%+9,419 bps YoY

Net Worth / Assets

3.61%-497 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2023Q2 2023Q3 2023Q4 2023Q1 2024YoY ΔTrend
Earnings
Return on Assets-0.65%-1.00%-1.30%-3.76%-14.89%-1,424 bps
Return on Equity-7.61%-12.37%-16.89%-54.29%-413%-40,544 bps
Net Interest Margin4.72%4.22%4.22%4.80%4.46%-25 bps
Efficiency Ratio112.20%121.51%128.27%164.99%206%+9,419 bps
Growth
Asset Growth (YoY)-18.43%-10.42%0.56%-7.65%-14.29%+414 bps
Loan Growth (YoY)-4.72%-6.35%-4.03%-5.34%-13.47%-875 bps
Share Growth (YoY)-19.17%-10.46%2.27%-5.48%-9.37%+980 bps
Asset Quality
Delinquent Loans / Loans0.00%6.36%1.23%1.20%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.14%1.14%1.20%0.39%0.44%-70 bps
Capital
Risk-Based Capital8.58%8.08%7.70%6.92%3.61%-497 bps
Net Worth / Assets8.58%8.08%7.70%6.92%3.61%-497 bps
Liquidity & Funding
Loans / Shares91.22%88.88%85.37%96.23%87.10%-412 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps