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Wetex

Mesquite, TX · Charter 67999

Q4 2001

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: Q4 2001, the quarter ended December 31, 2001, 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

Wetex

Mesquite, TX · Charter 67999

Q4 2001

$9.7MAssets
$2.4MLoans
$8.4MShares
$1.3MNet Worth

Executive Summary

  • Earnings: ROA of 0.97%, up 27 bps year over year; NIM at 4.87%.
  • Asset quality: problem loans at 0.95% of loans (+95 bps YoY).
  • Capital: net worth / assets of 13.04%.
  • Funding: loans stand at 29.07% of shares as of Q4 2001.

Return on Assets (YTD, annualized)

0.97%+27 bps YoY

Net Interest Margin (YTD, annualized)

4.87%+106 bps YoY

Efficiency Ratio (YTD, annualized)

82.70%-172 bps YoY

Net Worth / Assets

13.04%

Year to date, annualized, through each quarter.

MetricQ2 1998Q4 1998Q2 1999Q4 1999Q2 2000Q4 2000Q2 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets2.70%2.60%2.53%0.71%1.08%1.18%1.08%0.97%+27 bps
Return on Equityn/an/an/an/an/a11.68%9.90%7.45%n/a
Net Interest Marginn/an/an/a3.81%4.47%4.66%4.87%4.87%+106 bps
Efficiency Ration/an/an/a84.42%79.14%78.38%80.55%82.70%-172 bps
Growth
Asset Growth (YoY)9.72%24.02%15.48%25.49%17.12%2.03%3.73%-20.03%-4,552 bps
Loan Growth (YoY)23.30%19.83%12.79%-7.39%-3.03%-4.47%-15.28%-28.89%-2,150 bps
Share Growth (YoY)7.93%25.55%16.54%36.04%17.97%8.38%1.85%-22.73%-5,877 bps
Asset Quality
Delinquent Loans / Loans0.80%0.25%0.01%0.00%0.26%0.04%0.42%0.95%+95 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.52%1.61%1.37%1.46%1.51%1.48%1.68%1.90%+43 bps
Capital
Risk-Based Capitaln/an/an/an/an/a10.07%10.86%13.04%n/a
Net Worth / Assetsn/an/an/an/an/a10.07%10.86%13.04%n/a
Liquidity & Funding
Loans / Shares43.01%40.56%37.33%31.59%35.35%35.75%31.05%29.07%-252 bps
Liquid Assets / Assets55.64%49.67%51.99%59.50%54.43%51.02%54.73%60.68%+118 bps