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Texas Steel Employees

Fort Worth, TX · Charter 67569

Q2 2003

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 2003, the quarter ended June 30, 2003, 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

Texas Steel Employees

Fort Worth, TX · Charter 67569

Q2 2003

$991KAssets
$534KLoans
$843KShares
$138KNet 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 -74.78%, down 7,441 bps year over year; NIM at 5.91%.
  • Asset quality: problem loans at 59.48% of loans (+5,734 bps YoY).
  • Capital: net worth / assets of 13.95%, down 1,351 bps from a year ago.
  • Funding: loans stand at 63.27% of shares as of Q2 2003.

Financial Results

Return on Assets (YTD, annualized)

-74.78%-7,441 bps YoY

Net Interest Margin (YTD, annualized)

5.91%+126 bps YoY

Efficiency Ratio (YTD, annualized)

171.66%+7,110 bps YoY

Net Worth / Assets

13.95%-1,351 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003YoY ΔTrend
Earnings
Return on Assets-0.37%-0.21%-0.09%-32.57%-74.78%-7,441 bps
Return on Equity-1.36%-0.75%-0.31%-103.40%-536%-53,467 bps
Net Interest Margin4.65%4.62%4.76%5.56%5.91%+126 bps
Efficiency Ratio100.56%104.34%98.16%100.99%171.66%+7,110 bps
Growth
Asset Growth (YoY)-2.49%-2.13%-6.61%-31.64%-46.33%-4,384 bps
Loan Growth (YoY)-24.56%-20.05%-25.88%-26.44%-27.90%-335 bps
Share Growth (YoY)-2.22%-0.51%-7.59%-35.40%-36.19%-3,397 bps
Asset Quality
Delinquent Loans / Loans2.14%7.46%0.67%43.90%59.48%+5,734 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans5.42%5.74%5.88%23.22%60.11%+5,468 bps
Capital
Risk-Based Capital27.46%27.81%28.85%31.50%13.95%-1,351 bps
Net Worth / Assets27.46%27.81%28.85%31.50%13.95%-1,351 bps
Liquidity & Funding
Loans / Shares56.00%54.04%56.13%72.14%63.27%+727 bps
Liquid Assets / Assets41.85%42.35%36.93%19.70%69.80%+2,795 bps