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Siecor

Hickory, NC · Charter 65508

NCUA · 2 branches

Q4 2016

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 2016, the quarter ended December 31, 2016, 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

Siecor

Hickory, NC · Charter 65508

NCUA · 2 branches

Q4 2016

$34.2MAssets
$12.2MLoans
$30.8MShares
$3.4MNet Worth

Executive Summary

  • Earnings: ROA of -0.31%, down 53 bps year over year; NIM at 2.44%.
  • Asset quality: problem loans at 0.20% of loans (+20 bps YoY).
  • Capital: net worth / assets of 9.89%, down 21 bps from a year ago.
  • Funding: loans stand at 39.59% of shares as of Q4 2016.

Return on Assets (YTD, annualized)

-0.31%-53 bps YoY

Net Interest Margin (YTD, annualized)

2.44%-16 bps YoY

Efficiency Ratio (YTD, annualized)

107.46%+1,527 bps YoY

Net Worth / Assets

9.89%-21 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2015Q2 2015Q3 2015Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets0.32%0.27%0.26%0.22%-0.13%-0.10%-0.09%-0.31%-53 bps
Return on Equity3.40%2.73%2.53%2.19%-1.35%-0.99%-0.90%-3.11%-531 bps
Net Interest Margin2.49%2.59%2.68%2.61%2.32%2.42%2.49%2.44%-16 bps
Efficiency Ratio89.04%90.91%91.16%92.19%102.67%101.48%101.19%107.46%+1,527 bps
Growth
Asset Growth (YoY)-2.47%-3.54%-6.18%0.64%0.60%2.01%1.54%-0.97%-161 bps
Loan Growth (YoY)-2.89%-1.73%-1.35%-1.63%-3.13%-7.35%-10.56%-13.20%-1,157 bps
Share Growth (YoY)-2.68%-4.05%-7.20%4.24%0.11%2.00%2.49%-0.40%-465 bps
Asset Quality
Delinquent Loans / Loans0.28%0.40%0.02%0.00%0.00%0.04%0.34%0.20%+20 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.25%0.27%0.23%0.21%0.24%0.28%0.32%0.24%+3 bps
Capital
Risk-Based Capital9.56%9.99%10.30%10.10%9.60%9.83%10.11%9.89%-21 bps
Net Worth / Assets9.56%9.99%10.30%10.10%9.60%9.83%10.11%9.89%-21 bps
Liquidity & Funding
Loans / Shares43.75%46.32%47.32%45.43%42.34%42.07%41.29%39.59%-584 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps