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Mutual

Vicksburg, MS · Charter 63584

NCUA · 6 branches

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: 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

Mutual

Vicksburg, MS · Charter 63584

NCUA · 6 branches

Q2 2023

$295.6MAssets
$150.1MLoans
$271.9MShares
$37.1MNet 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 1.51%, up 47 bps year over year; NIM at 3.40%.
  • Asset quality: problem loans at 0.73% of loans (+10 bps YoY).
  • Capital: net worth / assets of 12.57%, up 150 bps from a year ago.
  • Funding: loans stand at 55.19% of shares as of Q2 2023.

Financial Results

Return on Assets (YTD, annualized)

1.51%+47 bps YoY

Net Interest Margin (YTD, annualized)

3.40%+85 bps YoY

Efficiency Ratio (YTD, annualized)

68.81%-427 bps YoY

Net Worth / Assets

12.57%+150 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets1.04%1.08%1.07%1.36%1.51%+47 bps
Return on Equity9.43%9.29%8.94%11.21%12.03%+260 bps
Net Interest Margin2.55%2.74%2.89%3.39%3.40%+85 bps
Efficiency Ratio73.08%72.52%72.62%70.27%68.81%-427 bps
Growth
Asset Growth (YoY)3.74%-0.74%-3.24%-3.16%-1.98%-572 bps
Loan Growth (YoY)15.09%12.11%12.99%11.86%7.59%-749 bps
Share Growth (YoY)6.54%3.18%-0.10%-2.53%-2.42%-896 bps
Asset Quality
Delinquent Loans / Loans0.63%0.73%0.64%0.50%0.73%+10 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.93%1.00%1.07%0.00%0.00%-93 bps
Capital
Risk-Based Capital11.06%11.65%11.92%12.11%12.57%+150 bps
Net Worth / Assets11.06%11.65%11.92%12.11%12.57%+150 bps
Liquidity & Funding
Loans / Shares50.05%52.69%54.39%54.25%55.19%+514 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps