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Promise

Houston, TX · Charter 68592

NCUA · 1 branch

Q3 2018

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 2018, the quarter ended September 30, 2018, 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

Promise

Houston, TX · Charter 68592

NCUA · 1 branch

Q3 2018

$4.5MAssets
$2.0MLoans
$3.7MShares
$697KNet 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 2.92%, up 1,033 bps year over year; NIM at 4.72%.
  • Asset quality: problem loans at 0.70% of loans (-226 bps YoY).
  • Capital: net worth / assets of 15.63%, up 611 bps from a year ago.
  • Funding: loans stand at 55.23% of shares as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

2.92%+1,033 bps YoY

Net Interest Margin (YTD, annualized)

4.72%-105 bps YoY

Efficiency Ratio (YTD, annualized)

90.54%-1,649 bps YoY

Net Worth / Assets

15.63%+611 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets-7.41%-2.15%1.28%5.40%2.92%+1,033 bps
Return on Equity-77.81%-15.36%9.33%35.57%18.68%+9,649 bps
Net Interest Margin5.77%5.93%4.86%4.50%4.72%-105 bps
Efficiency Ratio107.04%72.36%71.12%76.18%90.54%-1,649 bps
Growth
Asset Growth (YoY)-13.14%-8.06%-8.16%1.86%-2.74%+1,040 bps
Loan Growth (YoY)-34.92%-27.98%-31.10%-22.16%-16.86%+1,806 bps
Share Growth (YoY)-9.38%-2.77%-2.77%4.13%-0.29%+909 bps
Asset Quality
Delinquent Loans / Loans2.96%2.13%0.05%0.04%0.70%-226 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans9.03%9.19%9.74%7.21%6.52%-251 bps
Capital
Risk-Based Capital9.52%13.99%13.67%15.19%15.63%+611 bps
Net Worth / Assets9.52%13.99%13.67%15.19%15.63%+611 bps
Liquidity & Funding
Loans / Shares66.24%73.97%59.25%54.24%55.23%-1,101 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps