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Pasadena Postal

Pasadena, TX · Charter 67476

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

Pasadena Postal

Pasadena, TX · Charter 67476

NCUA · 1 branch

Q4 2023

$2.2MAssets
$1.6MLoans
$2.1MShares
$100KNet 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 -14.41%, down 1,489 bps year over year; NIM at 6.02%.
  • Asset quality: problem loans at 9.50% of loans (+209 bps YoY).
  • Capital: net worth / assets of 4.55%, down 1,060 bps from a year ago.
  • Funding: loans stand at 74.38% of shares as of Q4 2023.

Financial Results

Return on Assets (YTD, annualized)

-14.41%-1,489 bps YoY

Net Interest Margin (YTD, annualized)

6.02%-115 bps YoY

Efficiency Ratio (YTD, annualized)

133.38%+4,948 bps YoY

Net Worth / Assets

4.55%-1,060 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2022Q1 2023Q2 2023Q3 2023Q4 2023YoY ΔTrend
Earnings
Return on Assets0.48%-28.14%-13.51%-10.27%-14.41%-1,489 bps
Return on Equity3.15%-284%-155.60%-121.27%-317%-31,998 bps
Net Interest Margin7.17%7.12%5.47%5.28%6.02%-115 bps
Efficiency Ratio83.90%123.03%124.66%131.88%133.38%+4,948 bps
Growth
Asset Growth (YoY)-27.61%-29.55%-24.14%-21.07%-20.11%+750 bps
Loan Growth (YoY)-17.03%-18.15%-27.91%-31.57%-34.23%-1,720 bps
Share Growth (YoY)-30.34%-30.88%-19.22%-16.64%-9.98%+2,035 bps
Asset Quality
Delinquent Loans / Loans7.41%5.07%1.84%3.64%9.50%+209 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.38%0.00%2.30%3.67%11.83%+1,044 bps
Capital
Risk-Based Capital15.15%9.90%8.68%8.47%4.55%-1,060 bps
Net Worth / Assets15.15%9.90%8.68%8.47%4.55%-1,060 bps
Liquidity & Funding
Loans / Shares101.82%102.87%76.66%74.21%74.38%-2,743 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps