PackageTrendsPeer
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N.G.P.L. Employees

Truro, IA · Charter 64351

NCUA · 1 branch

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

N.G.P.L. Employees

Truro, IA · Charter 64351

NCUA · 1 branch

Q2 2023

$2.5MAssets
$285KLoans
$1.7MShares
$823KNet Worth

Executive Summary

  • Earnings: ROA of 1.24%, up 66 bps year over year; NIM at 2.64%.
  • Asset quality: problem loans at 4.07% of loans (+407 bps YoY).
  • Capital: net worth / assets of 32.79%, up 101 bps from a year ago.
  • Funding: loans stand at 17.11% of shares as of Q2 2023.

Return on Assets (YTD, annualized)

1.24%+66 bps YoY

Net Interest Margin (YTD, annualized)

2.64%+69 bps YoY

Efficiency Ratio (YTD, annualized)

52.93%-1,743 bps YoY

Net Worth / Assets

32.79%+101 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets0.80%0.17%0.41%0.58%0.66%0.00%1.22%1.24%+66 bps
Return on Equity2.62%0.52%1.28%1.83%2.05%0.00%3.85%3.80%+197 bps
Net Interest Margin2.20%1.86%1.84%1.96%2.08%1.65%2.59%2.64%+69 bps
Efficiency Ratio63.84%84.35%77.67%70.36%68.43%100.00%52.82%52.93%-1,743 bps
Growth
Asset Growth (YoY)-5.38%-12.80%-8.38%-3.67%-4.98%4.48%1.82%-2.11%+157 bps
Loan Growth (YoY)-21.21%-22.30%-25.04%-19.57%-5.33%-17.90%-3.43%12.58%+3,216 bps
Share Growth (YoY)-7.68%-18.02%-11.75%-5.04%-7.18%6.09%1.44%-4.56%+49 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%5.19%0.00%4.07%+407 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans16.09%15.54%18.33%19.39%18.11%18.92%18.98%17.22%-217 bps
Capital
Risk-Based Capital30.42%32.44%32.05%31.78%32.05%31.05%31.68%32.79%+101 bps
Net Worth / Assets30.42%32.44%32.05%31.78%32.05%31.05%31.68%32.79%+101 bps
Liquidity & Funding
Loans / Shares15.31%18.90%15.62%14.51%15.61%14.63%14.87%17.11%+261 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps