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N. A. S.

New Orleans, LA · Charter 60842

NCUA · 2 branches

Q3 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: Q3 2023, the quarter ended September 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: 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

N. A. S.

New Orleans, LA · Charter 60842

NCUA · 2 branches

Q3 2023

$48.5MAssets
$35.9MLoans
$39.9MShares
$8.1MNet 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 0.66%, down 33 bps year over year; NIM at 4.87%.
  • Asset quality: problem loans at 1.77% of loans (+25 bps YoY).
  • Capital: net worth / assets of 16.61%, up 118 bps from a year ago.
  • Funding: loans stand at 89.87% of shares as of Q3 2023.

Financial Results

Return on Assets (YTD, annualized)

0.66%-33 bps YoY

Net Interest Margin (YTD, annualized)

4.87%-13 bps YoY

Efficiency Ratio (YTD, annualized)

87.62%+861 bps YoY

Net Worth / Assets

16.61%+118 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023YoY ΔTrend
Earnings
Return on Assets0.99%0.75%1.47%0.94%0.66%-33 bps
Return on Equity6.44%4.77%9.15%5.75%3.99%-245 bps
Net Interest Margin5.00%5.10%4.75%4.79%4.87%-13 bps
Efficiency Ratio79.01%83.30%78.35%84.07%87.62%+861 bps
Growth
Asset Growth (YoY)3.44%0.48%-5.47%-4.43%-4.30%-774 bps
Loan Growth (YoY)6.20%5.03%4.37%4.99%5.86%-34 bps
Share Growth (YoY)2.33%0.43%-6.36%-5.94%-6.25%-858 bps
Asset Quality
Delinquent Loans / Loans1.52%1.27%1.03%1.40%1.77%+25 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.92%0.75%0.00%0.00%0.00%-92 bps
Capital
Risk-Based Capital15.43%15.74%16.10%16.28%16.61%+118 bps
Net Worth / Assets15.43%15.74%16.10%16.28%16.61%+118 bps
Liquidity & Funding
Loans / Shares79.59%83.30%82.70%86.74%89.87%+1,028 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps