PackageTrendsPeer
Letter portraitLegal landscape

Sid Richardson Employees State

Odessa, TX · Charter 67662

Q2 2008

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 2008, the quarter ended June 30, 2008, 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

Sid Richardson Employees State

Odessa, TX · Charter 67662

Q2 2008

$13.1MAssets
$10.5MLoans
$10.2MShares
$2.8MNet Worth

Executive Summary

  • Earnings: ROA of 1.66%, down 100 bps year over year; NIM at 4.64%.
  • Asset quality: problem loans at 1.16% of loans (+34 bps YoY).
  • Capital: net worth / assets of 21.68%, down 81 bps from a year ago.
  • Funding: loans stand at 103.13% of shares as of Q2 2008.

Return on Assets (YTD, annualized)

1.66%-100 bps YoY

Net Interest Margin (YTD, annualized)

4.64%-107 bps YoY

Efficiency Ratio (YTD, annualized)

54.02%+312 bps YoY

Net Worth / Assets

21.68%-81 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2006Q4 2006Q1 2007Q2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets2.24%2.14%2.68%2.66%2.44%2.30%1.89%1.66%-100 bps
Return on Equity10.89%10.17%12.19%11.82%11.13%10.64%8.74%7.67%-415 bps
Net Interest Margin5.09%5.14%5.97%5.71%5.47%5.19%4.81%4.64%-107 bps
Efficiency Ratio56.76%56.22%50.15%50.90%51.77%52.58%62.09%54.02%+312 bps
Growth
Asset Growth (YoY)1.74%0.67%-2.55%-3.48%3.57%8.81%12.38%13.45%+1,693 bps
Loan Growth (YoY)-0.62%2.20%11.70%12.37%18.94%18.21%7.89%6.76%-562 bps
Share Growth (YoY)-1.15%-1.90%-5.87%-6.90%-0.51%8.03%12.80%14.66%+2,156 bps
Asset Quality
Delinquent Loans / Loans0.97%0.50%0.65%0.83%1.78%1.11%1.44%1.16%+34 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.41%0.41%0.53%0.54%0.54%0.59%0.62%0.76%+22 bps
Capital
Risk-Based Capital20.57%21.06%21.98%22.49%21.96%21.60%21.64%21.68%-81 bps
Net Worth / Assets20.57%21.06%21.98%22.49%21.96%21.60%21.64%21.68%-81 bps
Liquidity & Funding
Loans / Shares95.12%98.52%106.84%110.76%113.72%107.81%102.19%103.13%-763 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps