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Ward County Teachers

Monahans, TX · Charter 67571

NCUA · 3 branches

Q3 2022

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: Q3 2022, the quarter ended September 30, 2022, 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

Ward County Teachers

Monahans, TX · Charter 67571

NCUA · 3 branches

Q3 2022

$19.4MAssets
$4.8MLoans
$17.6MShares
$1.4MNet 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 -1.44%, down 167 bps year over year; NIM at 1.93%.
  • Asset quality: problem loans at 1.60% of loans (-4 bps YoY).
  • Capital: net worth / assets of 7.00%, down 182 bps from a year ago.
  • Funding: loans stand at 27.35% of shares as of Q3 2022.

Financial Results

Return on Assets (YTD, annualized)

-1.44%-167 bps YoY

Net Interest Margin (YTD, annualized)

1.93%-28 bps YoY

Efficiency Ratio (YTD, annualized)

144.59%+5,370 bps YoY

Net Worth / Assets

7.00%-182 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets0.24%0.23%0.03%0.05%-1.44%-167 bps
Return on Equity2.69%2.72%0.35%0.62%-20.49%-2,318 bps
Net Interest Margin2.21%2.08%1.85%2.02%1.93%-28 bps
Efficiency Ratio90.89%93.35%101.43%98.87%144.59%+5,370 bps
Growth
Asset Growth (YoY)-6.69%-5.32%5.04%3.11%10.01%+1,670 bps
Loan Growth (YoY)-4.88%-2.84%-4.43%4.56%13.28%+1,815 bps
Share Growth (YoY)-7.47%-5.84%5.13%1.79%10.27%+1,775 bps
Asset Quality
Delinquent Loans / Loans1.64%2.25%2.04%1.82%1.60%-4 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.91%0.54%0.32%0.35%0.38%-53 bps
Capital
Risk-Based Capital8.82%8.53%8.32%8.55%7.00%-182 bps
Net Worth / Assets8.82%8.53%8.32%8.55%7.00%-182 bps
Liquidity & Funding
Loans / Shares26.62%26.03%24.56%27.36%27.35%+72 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps