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Savastate Teachers

Savannah, GA · Charter 6582

NCUA · 2 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

Savastate Teachers

Savannah, GA · Charter 6582

NCUA · 2 branches

Q2 2023

$3.1MAssets
$453KLoans
$2.5MShares
$588KNet 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 -0.85%, down 10 bps year over year; NIM at 2.52%.
  • Asset quality: problem loans at 0.56% of loans (+12 bps YoY).
  • Capital: net worth / assets of 19.11%, down 59 bps from a year ago.
  • Funding: loans stand at 18.21% of shares as of Q2 2023.

Financial Results

Return on Assets (YTD, annualized)

-0.85%-10 bps YoY

Net Interest Margin (YTD, annualized)

2.52%+125 bps YoY

Efficiency Ratio (YTD, annualized)

132.81%-1,149 bps YoY

Net Worth / Assets

19.11%-59 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets-0.75%-0.87%-0.16%-1.48%-0.85%-10 bps
Return on Equity-3.79%-4.32%-0.83%-7.84%-4.45%-66 bps
Net Interest Margin1.27%1.22%1.39%2.18%2.52%+125 bps
Efficiency Ratio144.31%158.75%96.29%166.79%132.81%-1,149 bps
Growth
Asset Growth (YoY)3.61%1.20%5.84%5.54%2.30%-132 bps
Loan Growth (YoY)4.73%-2.40%10.57%20.87%2.33%-240 bps
Share Growth (YoY)2.29%1.57%7.46%7.29%3.04%+74 bps
Asset Quality
Delinquent Loans / Loans0.45%1.17%0.09%0.12%0.56%+12 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans5.65%5.65%5.32%5.31%5.43%-22 bps
Capital
Risk-Based Capital19.70%20.05%19.26%18.95%19.11%-59 bps
Net Worth / Assets19.70%20.05%19.26%18.95%19.11%-59 bps
Liquidity & Funding
Loans / Shares18.34%17.58%18.68%18.50%18.21%-13 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps