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Free Press

Chattanooga, TN · Charter 68093

NCUA · 2 branches

Q4 2017

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 2017, the quarter ended December 31, 2017, 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

Free Press

Chattanooga, TN · Charter 68093

NCUA · 2 branches

Q4 2017

$1.7MAssets
$1.2MLoans
$1.1MShares
$641KNet 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 -1.46%, down 164 bps year over year; NIM at 4.68%.
  • Asset quality: problem loans at 5.30% of loans (+494 bps YoY).
  • Capital: net worth / assets of 37.49%, up 370 bps from a year ago.
  • Funding: loans stand at 113.31% of shares as of Q4 2017.

Financial Results

Return on Assets (YTD, annualized)

-1.46%-164 bps YoY

Net Interest Margin (YTD, annualized)

4.68%+28 bps YoY

Efficiency Ratio (YTD, annualized)

74.33%-1,925 bps YoY

Net Worth / Assets

37.49%+370 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2016Q1 2017Q2 2017Q3 2017Q4 2017YoY ΔTrend
Earnings
Return on Assets0.18%0.70%-2.32%-1.45%-1.46%-164 bps
Return on Equity0.53%2.14%-6.91%-4.29%-3.90%-443 bps
Net Interest Margin4.40%4.62%4.51%4.51%4.68%+28 bps
Efficiency Ratio93.58%59.66%67.31%70.27%74.33%-1,925 bps
Growth
Asset Growth (YoY)-11.29%-5.88%-11.10%-5.85%-13.25%-196 bps
Loan Growth (YoY)1.60%-2.80%-11.45%-15.40%-19.07%-2,066 bps
Share Growth (YoY)-16.63%-8.92%-14.77%-11.39%-17.98%-135 bps
Asset Quality
Delinquent Loans / Loans0.37%2.40%3.96%2.55%5.30%+494 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.74%1.23%2.57%2.08%2.72%+198 bps
Capital
Risk-Based Capital33.79%32.91%33.55%33.87%37.49%+370 bps
Net Worth / Assets33.79%32.91%33.55%33.87%37.49%+370 bps
Liquidity & Funding
Loans / Shares114.83%105.37%104.18%106.62%113.31%-152 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps