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G. P. A.

Savannah, GA · Charter 67363

NCUA · 1 branch

Q4 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: Q4 2023, the quarter ended December 31, 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

G. P. A.

Savannah, GA · Charter 67363

NCUA · 1 branch

Q4 2023

$14.3MAssets
$4.8MLoans
$12.1MShares
$2.0MNet Worth

Executive Summary

  • Earnings: ROA of -4.67%, down 449 bps year over year; NIM at 1.58%.
  • Asset quality: problem loans at 0.21% of loans (-6 bps YoY).
  • Capital: net worth / assets of 13.90%, down 238 bps from a year ago.
  • Funding: loans stand at 39.57% of shares as of Q4 2023.

Return on Assets (YTD, annualized)

-4.67%-449 bps YoY

Net Interest Margin (YTD, annualized)

1.58%-72 bps YoY

Efficiency Ratio (YTD, annualized)

289%+18,342 bps YoY

Net Worth / Assets

13.90%-238 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023YoY ΔTrend
Earnings
Return on Assets-0.58%-0.24%-0.23%-0.18%-0.47%-0.31%-0.29%-4.67%-449 bps
Return on Equity-3.50%-1.45%-1.45%-1.11%-2.91%-1.92%-1.72%-33.62%-3,251 bps
Net Interest Margin2.16%2.16%2.12%2.30%2.59%2.75%2.96%1.58%-72 bps
Efficiency Ratio121.14%107.82%107.79%105.85%114.64%109.20%107.95%289%+18,342 bps
Growth
Asset Growth (YoY)4.83%3.55%5.27%2.98%2.75%-0.41%-8.19%-12.33%-1,532 bps
Loan Growth (YoY)15.04%16.98%13.60%7.62%13.66%7.30%0.76%-7.79%-1,541 bps
Share Growth (YoY)7.26%5.60%6.82%4.41%3.65%-0.24%-9.64%-11.49%-1,590 bps
Asset Quality
Delinquent Loans / Loans0.66%0.42%0.30%0.27%0.93%0.49%0.32%0.21%-6 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans2.90%2.70%2.64%2.65%0.00%0.00%0.00%0.00%-265 bps
Capital
Risk-Based Capital16.65%16.42%15.58%16.28%16.05%16.27%16.75%13.90%-238 bps
Net Worth / Assets16.65%16.42%15.58%16.28%16.05%16.27%16.75%13.90%-238 bps
Liquidity & Funding
Loans / Shares35.35%37.23%35.49%37.98%38.77%40.05%39.57%39.57%+159 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps