Pasadena, TX · Charter 67476
NCUA · 1 branch
Q4 2023
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Pasadena, TX · Charter 67476
NCUA · 1 branch
Q4 2023
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.21% | 1.67% | 0.61% | 0.48% | -28.14% | -13.51% | -10.27% | -14.41% | -1,489 bps | |
| Return on Equity | -1.81% | 13.75% | 4.77% | 3.15% | -284% | -155.60% | -121.27% | -317% | -31,998 bps | |
| Net Interest Margin | 5.81% | 5.69% | 6.23% | 7.17% | 7.12% | 5.47% | 5.28% | 6.02% | -115 bps | |
| Efficiency Ratio | 101.44% | 84.80% | 87.18% | 83.90% | 123.03% | 124.66% | 131.88% | 133.38% | +4,948 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.67% | -4.13% | -12.19% | -27.61% | -29.55% | -24.14% | -21.07% | -20.11% | +750 bps | |
| Loan Growth (YoY) | -9.44% | -13.82% | -15.88% | -17.03% | -18.15% | -27.91% | -31.57% | -34.23% | -1,720 bps | |
| Share Growth (YoY) | -5.39% | -7.78% | -14.72% | -30.34% | -30.88% | -19.22% | -16.64% | -9.98% | +2,035 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.99% | 3.74% | 6.40% | 7.41% | 5.07% | 1.84% | 3.64% | 9.50% | +209 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.10% | 0.60% | 0.68% | 1.38% | 0.00% | 2.30% | 3.67% | 11.83% | +1,044 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.81% | 12.17% | 12.83% | 15.15% | 9.90% | 8.68% | 8.47% | 4.55% | -1,060 bps | |
| Net Worth / Assets | 11.81% | 12.17% | 12.83% | 15.15% | 9.90% | 8.68% | 8.47% | 4.55% | -1,060 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 86.88% | 85.91% | 90.40% | 101.82% | 102.87% | 76.66% | 74.21% | 74.38% | -2,743 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |