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Terminal

Metairie, LA · Charter 62754

NCUA · 1 branch

Q3 2022

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 2022, the quarter ended September 30, 2022, 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

Terminal

Metairie, LA · Charter 62754

NCUA · 1 branch

Q3 2022

$14.7MAssets
$4.1MLoans
$10.9MShares
$3.5MNet 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 -3.44%, down 517 bps year over year; NIM at -1.85%.
  • Asset quality: problem loans at 15.27% of loans (+159 bps YoY).
  • Capital: net worth / assets of 23.52%, up 176 bps from a year ago.
  • Funding: loans stand at 37.34% of shares as of Q3 2022.

Financial Results

Return on Assets (YTD, annualized)

-3.44%-517 bps YoY

Net Interest Margin (YTD, annualized)

-1.85%-389 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

23.52%+176 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets1.73%1.19%1.22%0.63%-3.44%-517 bps
Return on Equity7.96%5.47%5.44%2.62%-14.63%-2,259 bps
Net Interest Margin2.04%1.65%1.86%2.05%-1.85%-389 bps
Efficiency Ratio37.55%46.12%48.89%73.35%n/an/a
Growth
Asset Growth (YoY)4.38%5.14%2.19%-5.55%-15.68%-2,006 bps
Loan Growth (YoY)-19.28%-15.66%-4.48%-3.65%-0.22%+1,907 bps
Share Growth (YoY)4.70%6.18%4.87%-2.95%-19.84%-2,454 bps
Asset Quality
Delinquent Loans / Loans13.68%13.74%8.77%12.99%15.27%+159 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.06%4.19%3.86%4.34%2.60%-146 bps
Capital
Risk-Based Capital21.77%21.75%22.35%23.92%23.52%+176 bps
Net Worth / Assets21.77%21.75%22.35%23.92%23.52%+176 bps
Liquidity & Funding
Loans / Shares29.99%28.17%30.16%31.49%37.34%+734 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps