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Ducote

Jacksonville, FL · Charter 2654

NCUA · 1 branch

Q3 2016

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 2016, the quarter ended September 30, 2016, 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

Ducote

Jacksonville, FL · Charter 2654

NCUA · 1 branch

Q3 2016

$3.0MAssets
$376KLoans
$2.1MShares
$746KNet 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 -5.88%, down 243 bps year over year; NIM at 1.27%.
  • Asset quality: problem loans at 1.63% of loans (-526 bps YoY).
  • Capital: net worth / assets of 24.91%, down 421 bps from a year ago.
  • Funding: loans stand at 18.24% of shares as of Q3 2016.

Financial Results

Return on Assets (YTD, annualized)

-5.88%-243 bps YoY

Net Interest Margin (YTD, annualized)

1.27%-202 bps YoY

Efficiency Ratio (YTD, annualized)

311%+18,429 bps YoY

Net Worth / Assets

24.91%-421 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016YoY ΔTrend
Earnings
Return on Assets-3.45%-3.26%-1.91%-2.23%-5.88%-243 bps
Return on Equity-11.83%-11.48%-6.96%-8.32%-23.61%-1,177 bps
Net Interest Margin3.29%3.37%3.31%3.08%1.27%-202 bps
Efficiency Ratio126.58%125.84%125.68%142.63%311%+18,429 bps
Growth
Asset Growth (YoY)1.52%0.47%0.03%-3.42%-3.01%-453 bps
Loan Growth (YoY)-25.26%-20.15%-17.24%-28.86%-35.88%-1,062 bps
Share Growth (YoY)7.29%6.18%7.31%-0.57%1.96%-533 bps
Asset Quality
Delinquent Loans / Loans6.89%0.92%1.17%0.71%1.63%-526 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans7.59%8.31%9.38%11.13%11.15%+356 bps
Capital
Risk-Based Capital29.12%28.41%27.38%26.74%24.91%-421 bps
Net Worth / Assets29.12%28.41%27.38%26.74%24.91%-421 bps
Liquidity & Funding
Loans / Shares29.01%28.27%23.80%18.47%18.24%-1,077 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps