PackageTrendsPeer
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Tuboscope Employees

Houston, TX · Charter 67570

NCUA · 1 branch

Q1 2020

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: Q1 2020, the quarter ended March 31, 2020, 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 2026-10-10

Tuboscope Employees

Houston, TX · Charter 67570

NCUA · 1 branch

Q1 2020

$13.9MAssets
$3.1MLoans
$10.3MShares
$3.5MNet 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 0.85%, down 124 bps year over year; NIM at 2.01%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 25.28%, up 277 bps from a year ago.
  • Funding: loans stand at 30.18% of shares as of Q1 2020.

Financial Results

Return on Assets (YTD, annualized)

0.85%-124 bps YoY

Net Interest Margin (YTD, annualized)

2.01%-47 bps YoY

Efficiency Ratio (YTD, annualized)

84.73%+2,811 bps YoY

Net Worth / Assets

25.28%+277 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets2.09%1.93%1.81%1.54%0.85%-124 bps
Return on Equity9.28%8.46%7.60%6.24%3.37%-591 bps
Net Interest Margin2.49%2.51%2.56%2.58%2.01%-47 bps
Efficiency Ratio56.62%57.09%58.62%61.92%84.73%+2,811 bps
Growth
Asset Growth (YoY)-4.91%-5.06%-4.74%-6.48%-6.43%-152 bps
Loan Growth (YoY)24.91%35.01%30.83%6.34%-5.74%-3,065 bps
Share Growth (YoY)-7.89%-8.87%-9.19%-10.03%-10.08%-219 bps
Asset Quality
Delinquent Loans / Loans0.00%0.18%0.24%0.50%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.58%0.71%0.74%0.98%0.67%+9 bps
Capital
Risk-Based Capital22.52%22.83%23.80%24.66%25.28%+277 bps
Net Worth / Assets22.52%22.83%23.80%24.66%25.28%+277 bps
Liquidity & Funding
Loans / Shares28.79%29.67%30.69%31.81%30.18%+139 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps