PackageTrendsPeer
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Tarrant Affiliated Contractors

Fort Worth, TX · Charter 67635

Q3 2004

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 2004, the quarter ended September 30, 2004, 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

Tarrant Affiliated Contractors

Fort Worth, TX · Charter 67635

Q3 2004

$1.2MAssets
$1.2MLoans
$1.1MShares
$0KNet 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 -2.95%, down 13 bps year over year; NIM at 7.30%.
  • Asset quality: problem loans at 0.27% of loans (-752 bps YoY).
  • Capital: net worth / assets of 0.00%, down 1,310 bps from a year ago.
  • Funding: loans stand at 106.93% of shares as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

-2.95%-13 bps YoY

Net Interest Margin (YTD, annualized)

7.30%+14 bps YoY

Efficiency Ratio (YTD, annualized)

122.57%+5,934 bps YoY

Net Worth / Assets

0.00%-1,310 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets-2.82%-6.25%-4.07%-2.75%-2.95%-13 bps
Return on Equity-21.51%-56.22%-44.52%-33.29%n/an/a
Net Interest Margin7.16%7.04%6.51%6.44%7.30%+14 bps
Efficiency Ratio63.23%90.30%139.82%125.39%122.57%+5,934 bps
Growth
Asset Growth (YoY)-13.34%-20.39%-8.03%-0.85%-7.30%+605 bps
Loan Growth (YoY)-8.83%-6.58%-9.57%27.41%35.86%+4,469 bps
Share Growth (YoY)-13.61%-17.89%-2.79%-3.88%6.69%+2,029 bps
Asset Quality
Delinquent Loans / Loans7.79%26.11%9.72%2.18%0.27%-752 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans6.56%17.38%10.71%6.71%10.53%+397 bps
Capital
Risk-Based Capital13.10%11.12%9.15%8.27%0.00%-1,310 bps
Net Worth / Assets13.10%11.12%9.15%8.27%0.00%-1,310 bps
Liquidity & Funding
Loans / Shares83.97%90.95%74.41%105.43%106.93%+2,296 bps
Liquid Assets / Assets28.72%21.35%26.59%8.09%3.40%-2,532 bps