Texas City, TX · Charter 8589
NCUA · 1 branch
Q2 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2023, the quarter ended June 30, 2023, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Texas City, TX · Charter 8589
NCUA · 1 branch
Q2 2023
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.06% | -0.29% | -0.66% | -1.00% | -0.96% | -0.95% | -1.16% | -3.02% | -201 bps | |
| Return on Equity | 0.36% | -1.86% | -3.96% | -6.37% | -6.08% | -6.00% | -6.88% | -18.84% | -1,247 bps | |
| Net Interest Margin | 3.03% | 3.09% | 3.36% | 3.13% | 3.21% | 3.32% | 3.75% | 3.84% | +71 bps | |
| Efficiency Ratio | 96.37% | 103.26% | 114.48% | 126.29% | 124.65% | 123.80% | 126.77% | 147.34% | +2,104 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.26% | -0.02% | -6.00% | -4.39% | -4.43% | -5.49% | -7.47% | -12.67% | -828 bps | |
| Loan Growth (YoY) | 29.28% | 12.39% | -1.14% | -10.27% | -11.12% | -3.57% | 2.88% | -0.82% | +945 bps | |
| Share Growth (YoY) | 3.57% | 0.60% | -6.85% | -4.52% | -4.06% | -5.48% | -7.67% | -13.40% | -887 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 4.88% | 4.69% | 4.02% | 4.97% | 5.64% | 6.45% | 6.39% | 2.89% | -208 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.14% | 2.00% | 2.26% | 2.33% | 2.49% | 2.04% | 2.04% | 1.66% | -67 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 16.08% | 15.80% | 16.64% | 15.71% | 15.76% | 15.77% | 16.84% | 16.00% | +29 bps | |
| Net Worth / Assets | 16.08% | 15.80% | 16.64% | 15.71% | 15.76% | 15.77% | 16.84% | 16.00% | +29 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 47.69% | 46.47% | 46.92% | 45.20% | 44.18% | 47.41% | 52.28% | 51.77% | +657 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |