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First Class American

Fort Worth, TX · Charter 67652

NCUA · 2 branches

Q1 2021

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 2021, the quarter ended March 31, 2021, 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

First Class American

Fort Worth, TX · Charter 67652

NCUA · 2 branches

Q1 2021

$60.0MAssets
$40.0MLoans
$55.0MShares
$4.2MNet Worth

Executive Summary

  • Earnings: ROA of 0.71%, up 135 bps year over year; NIM at 2.63%.
  • Asset quality: problem loans at 0.47% of loans (+19 bps YoY).
  • Capital: net worth / assets of 7.07%, up 13 bps from a year ago.
  • Funding: loans stand at 72.66% of shares as of Q1 2021.

Return on Assets (YTD, annualized)

0.71%+135 bps YoY

Net Interest Margin (YTD, annualized)

2.63%-50 bps YoY

Efficiency Ratio (YTD, annualized)

80.04%-2,096 bps YoY

Net Worth / Assets

7.07%+13 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2019Q3 2019Q4 2019Q1 2020Q2 2020Q3 2020Q4 2020Q1 2021YoY ΔTrend
Earnings
Return on Assets-0.26%-0.35%-0.49%-0.64%-0.43%0.11%0.18%0.71%+135 bps
Return on Equity-3.51%-4.74%-6.97%-9.27%-6.61%1.66%2.70%9.97%+1,925 bps
Net Interest Margin2.98%2.99%2.96%3.13%2.86%2.82%2.81%2.63%-50 bps
Efficiency Ratio108.00%108.02%105.08%101.00%100.65%89.81%88.71%80.04%-2,096 bps
Growth
Asset Growth (YoY)-0.12%-1.34%3.06%1.14%5.56%7.33%6.31%5.88%+474 bps
Loan Growth (YoY)-7.75%-10.30%-6.66%6.85%4.72%1.40%-3.03%-15.56%-2,241 bps
Share Growth (YoY)0.55%1.00%4.10%2.74%7.36%9.55%7.06%5.69%+295 bps
Asset Quality
Delinquent Loans / Loans0.51%0.68%0.44%0.28%0.44%0.48%0.72%0.47%+19 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.52%0.45%0.49%0.48%0.51%0.51%0.53%0.53%+6 bps
Capital
Risk-Based Capital7.39%7.31%7.02%6.94%6.45%6.68%6.79%7.07%+13 bps
Net Worth / Assets7.39%7.31%7.02%6.94%6.45%6.68%6.79%7.07%+13 bps
Liquidity & Funding
Loans / Shares85.98%85.77%83.79%90.95%83.86%79.39%75.89%72.66%-1,828 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps