PackageTrendsPeer
Letter portraitLegal landscape

FL. Dept. of Transportation`

Tallahassee, FL · Charter 67300

NCUA · 2 branches

Q4 2021

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 2021, the quarter ended December 31, 2021, 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

FL. Dept. of Transportation`

Tallahassee, FL · Charter 67300

NCUA · 2 branches

Q4 2021

$60.4MAssets
$21.1MLoans
$51.9MShares
$8.6MNet 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 -0.31%, down 10 bps year over year; NIM at 2.44%.
  • Asset quality: problem loans at 0.39% of loans (-2 bps YoY).
  • Capital: net worth / assets of 14.28%, down 141 bps from a year ago.
  • Funding: loans stand at 40.71% of shares as of Q4 2021.

Financial Results

Return on Assets (YTD, annualized)

-0.31%-10 bps YoY

Net Interest Margin (YTD, annualized)

2.44%-28 bps YoY

Efficiency Ratio (YTD, annualized)

110.03%+1,184 bps YoY

Net Worth / Assets

14.28%-141 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets-0.21%-0.17%-0.03%-0.02%-0.31%-10 bps
Return on Equity-1.37%-1.13%-0.18%-0.16%-2.18%-82 bps
Net Interest Margin2.71%2.40%2.44%2.35%2.44%-28 bps
Efficiency Ratio98.19%105.81%100.89%100.76%110.03%+1,184 bps
Growth
Asset Growth (YoY)11.59%12.21%8.22%9.91%7.52%-406 bps
Loan Growth (YoY)-2.67%-8.22%-5.43%-5.88%-3.67%-100 bps
Share Growth (YoY)13.37%15.07%10.77%12.83%11.04%-233 bps
Asset Quality
Delinquent Loans / Loans0.42%0.36%0.25%0.09%0.39%-2 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.59%0.66%0.71%0.69%0.68%+9 bps
Capital
Risk-Based Capital15.69%15.05%15.12%14.53%14.28%-141 bps
Net Worth / Assets15.69%15.05%15.12%14.53%14.28%-141 bps
Liquidity & Funding
Loans / Shares46.93%43.14%43.80%40.63%40.71%-622 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps