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Gabriels Catholic

Lansing, MI · Charter 61630

NCUA · 2 branches

Q4 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: Q4 2023, the quarter ended December 31, 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

Gabriels Catholic

Lansing, MI · Charter 61630

NCUA · 2 branches

Q4 2023

$27.1MAssets
$23.7MLoans
$25.7MShares
$-2322KNet Worth

Executive Summary

  • Earnings: ROA of -22.52%, down 2,496 bps year over year; NIM at 5.71%.
  • Asset quality: problem loans at 3.84% of loans (+163 bps YoY).
  • Capital: net worth / assets of -8.56%, down 1,929 bps from a year ago.
  • Funding: loans stand at 92.24% of shares as of Q4 2023.

Return on Assets (YTD, annualized)

-22.52%-2,496 bps YoY

Net Interest Margin (YTD, annualized)

5.71%+123 bps YoY

Efficiency Ratio (YTD, annualized)

265%+20,501 bps YoY

Net Worth / Assets

-8.56%-1,929 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023YoY ΔTrend
Earnings
Return on Assets2.30%2.27%1.98%2.44%0.65%-0.65%-1.20%-22.52%-2,496 bps
Return on Equity21.99%21.28%19.16%22.75%5.88%-5.83%-11.08%n/an/a
Net Interest Margin4.86%4.84%4.62%4.49%4.58%4.83%4.92%5.71%+123 bps
Efficiency Ratio63.07%62.58%65.46%60.09%77.53%80.08%81.59%265%+20,501 bps
Growth
Asset Growth (YoY)29.46%25.90%24.42%19.44%17.24%7.98%-2.10%-22.72%-4,215 bps
Loan Growth (YoY)50.16%32.78%29.01%16.91%10.21%-1.47%-8.62%-14.99%-3,190 bps
Share Growth (YoY)29.44%28.40%27.18%19.56%17.43%8.64%-1.95%-16.45%-3,601 bps
Asset Quality
Delinquent Loans / Loans0.87%0.91%1.70%2.21%2.19%2.16%3.13%3.84%+163 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.74%0.66%0.67%0.75%0.00%0.00%0.00%0.00%-75 bps
Capital
Risk-Based Capital10.44%10.67%10.34%10.72%11.06%11.10%10.81%-8.56%-1,929 bps
Net Worth / Assets10.44%10.67%10.34%10.72%11.06%11.10%10.81%-8.56%-1,929 bps
Liquidity & Funding
Loans / Shares94.28%99.00%95.99%90.66%88.48%89.79%89.46%92.24%+158 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps