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Elberton Federal Savings & Loan Association

Elberton, GA · Cert 29065

FDIC · 1 branch

Q2 2023

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: Q2 2023, the quarter ended June 30, 2023, 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: FFIEC Call Report (031/041/051), 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

Elberton Federal Savings & Loan Association

Elberton, GA · Cert 29065

FDIC · 1 branch

Q2 2023

$26.6MAssets
$22.4MLoans
$18.7MDeposits
$4.6MEquity
Deposit mix
100%Interest-bearing $18.7M0%Noninterest $0.0MQ2 2022Q2 2023

NIM

3.27%Q2 ’213.30%Q2 ’223.69%Q2 ’23+4%-2%

Non-interest income vs. expense

2.68%Q2 ’213.19%Q2 ’223.68%Q2 ’23+19%+15%

Executive Summary

  • Earnings: ROA of -0.94%, down 46 bps year over year; NIM at 2.70%.
  • Asset quality: problem loans at 0.44% of loans (-47 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 17.95%, up 28 bps from a year ago.
  • Funding: loans stand at 120.07% of deposits as of Q2 2023.

Financial Results

Return on Assets (YTD, annualized)

-0.94%-46 bps YoY

Net Interest Margin (YTD, annualized)

2.70%-5 bps YoY

Efficiency Ratio (YTD, annualized)

135.77%+1,964 bps YoY

Tier 1 Leverage Ratio

17.95%+28 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets-0.48%-0.31%-0.38%-1.08%-0.94%-46 bps
Return on Equity-2.74%-1.78%-2.19%-6.26%-5.41%-267 bps
Net Interest Margin2.75%2.91%2.96%2.67%2.70%-5 bps
Efficiency Ratio116.14%110.22%112.48%141.67%135.77%+1,964 bps
Non-Interest Burden3.19%3.20%3.33%3.79%3.67%+48 bps
Growth
Asset Growth (YoY)-6.79%-6.27%-1.49%-7.59%-2.73%+407 bps
Loan Growth (YoY)2.87%1.93%3.53%2.49%-1.12%-399 bps
Deposit Growth (YoY)5.81%-2.03%-3.32%-14.78%-13.17%-1,898 bps
Asset Quality
Nonperforming Loans / Loans0.91%0.58%0.77%1.78%0.44%-47 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.18%0.18%0.18%0.18%0.18%0 bps
Allowance Coverage of NPLs0.2x0.3x0.2x0.1x0.4x+0.2x
Capital
Tier 1 Leverage Ratio17.67%18.06%18.02%17.81%17.95%+28 bps
Total Risk-Based Capital17.67%18.06%18.02%17.81%17.95%+28 bps
Equity / Assets17.58%18.10%17.07%17.52%17.41%-18 bps
Liquidity & Funding
Loans / Deposits105.44%110.96%113.04%122.23%120.07%+1,463 bps
Liquid Assets / Assets3.07%1.30%5.58%4.52%1.26%-181 bps
CRE / Total Capitaln/an/an/an/an/an/an/a