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Useco

Dallas, TX · Charter 67553

Q2 2006

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 2006, the quarter ended June 30, 2006, 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

Useco

Dallas, TX · Charter 67553

Q2 2006

$98KAssets
$108KLoans
$51KShares
$16KNet 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 -110.71%, down 10,729 bps year over year; NIM at 16.40%.
  • Asset quality: problem loans at 14.34% of loans (-715 bps YoY).
  • Capital: net worth / assets of 15.85%, down 2,094 bps from a year ago.
  • Funding: loans stand at 211.41% of shares as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

-110.71%-10,729 bps YoY

Net Interest Margin (YTD, annualized)

16.40%-525 bps YoY

Efficiency Ratio (YTD, annualized)

2684%+256,847 bps YoY

Net Worth / Assets

15.85%-2,094 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets-3.42%-0.53%-2.19%-76.43%-110.71%-10,729 bps
Return on Equity-9.29%-1.30%-4.67%-188.34%-699%-68,922 bps
Net Interest Margin21.65%17.47%16.58%14.98%16.40%-525 bps
Efficiency Ratio115.05%102.50%112.30%52.74%2684%+256,847 bps
Growth
Asset Growth (YoY)-21.37%-21.24%-28.14%-34.54%-47.16%-2,579 bps
Loan Growth (YoY)-20.46%-12.57%-22.97%-26.50%-23.94%-348 bps
Share Growth (YoY)-29.78%-33.93%-46.32%-36.30%-55.07%-2,529 bps
Asset Quality
Delinquent Loans / Loans21.49%10.05%13.96%24.72%14.34%-715 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.95%2.51%2.85%13.60%13.83%+988 bps
Capital
Risk-Based Capital36.79%40.80%46.85%40.58%15.85%-2,094 bps
Net Worth / Assets36.79%40.80%46.85%40.58%15.85%-2,094 bps
Liquidity & Funding
Loans / Shares124.88%148.18%167.31%156.35%211%+8,653 bps
Liquid Assets / Assets24.53%17.67%0.00%20.32%0.00%-2,453 bps