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Texaco

Wilmington, CA · Charter 5153

Q3 2002

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 2002, the quarter ended September 30, 2002, 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

Texaco

Wilmington, CA · Charter 5153

Q3 2002

$5.5MAssets
$2.5MLoans
$4.6MShares
$825KNet 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 -2.59%, down 294 bps year over year; NIM at 4.99%.
  • Asset quality: problem loans at 0.70% of loans (+41 bps YoY).
  • Capital: net worth / assets of 15.10%, down 372 bps from a year ago.
  • Funding: loans stand at 54.04% of shares as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

-2.59%-294 bps YoY

Net Interest Margin (YTD, annualized)

4.99%-14 bps YoY

Efficiency Ratio (YTD, annualized)

140.61%+5,162 bps YoY

Net Worth / Assets

15.10%-372 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2000Q2 2001Q4 2001Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.35%-0.11%0.31%-0.21%-2.59%-294 bps
Return on Equity1.86%-0.67%1.93%-1.31%-17.17%-1,903 bps
Net Interest Margin5.14%4.45%4.53%4.70%4.99%-14 bps
Efficiency Ratio88.99%97.66%90.67%104.24%140.61%+5,162 bps
Growth
Asset Growth (YoY)-5.69%-0.75%11.54%10.27%12.62%+1,831 bps
Loan Growth (YoY)-11.39%-2.40%0.94%-13.54%-13.48%-209 bps
Share Growth (YoY)-8.74%-2.81%12.26%13.45%18.75%+2,749 bps
Asset Quality
Delinquent Loans / Loans0.29%0.32%0.04%0.00%0.70%+41 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.93%1.07%0.89%1.06%1.90%+97 bps
Capital
Risk-Based Capital18.82%16.88%16.31%15.72%15.10%-372 bps
Net Worth / Assets18.82%16.88%16.31%15.72%15.10%-372 bps
Liquidity & Funding
Loans / Shares74.17%68.01%65.18%52.27%54.04%-2,013 bps
Liquid Assets / Assets15.00%21.66%18.49%21.92%17.16%+216 bps