PackageTrendsPeer
Letter portraitLegal landscape

Darco Employees

Marshall, TX · Charter 8621

Q3 2004

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 2004, the quarter ended September 30, 2004, 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

Darco Employees

Marshall, TX · Charter 8621

Q3 2004

$591KAssets
$287KLoans
$505KShares
$84KNet 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 -10.31%, down 978 bps year over year; NIM at 4.10%.
  • Asset quality: problem loans at 16.75% of loans (-146 bps YoY).
  • Capital: net worth / assets of 14.15%, down 370 bps from a year ago.
  • Funding: loans stand at 56.90% of shares as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

-10.31%-978 bps YoY

Net Interest Margin (YTD, annualized)

4.10%+50 bps YoY

Efficiency Ratio (YTD, annualized)

159.15%+5,760 bps YoY

Net Worth / Assets

14.15%-370 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets-0.53%-0.67%-1.44%-0.98%-10.31%-978 bps
Return on Equity-2.96%-3.68%-8.26%-5.55%-72.86%-6,990 bps
Net Interest Margin3.60%3.88%3.45%3.65%4.10%+50 bps
Efficiency Ratio101.55%105.80%114.19%110.83%159.15%+5,760 bps
Growth
Asset Growth (YoY)-10.03%-6.37%-7.18%-8.84%-23.15%-1,312 bps
Loan Growth (YoY)-18.08%-19.87%-8.42%-20.53%-22.34%-425 bps
Share Growth (YoY)-11.28%-6.80%-6.71%-8.08%-19.86%-858 bps
Asset Quality
Delinquent Loans / Loans18.21%15.08%15.28%15.77%16.75%-146 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans5.26%1.41%3.89%5.94%16.75%+1,150 bps
Capital
Risk-Based Capital17.85%18.19%17.37%17.72%14.15%-370 bps
Net Worth / Assets17.85%18.19%17.37%17.72%14.15%-370 bps
Liquidity & Funding
Loans / Shares58.72%53.93%53.40%52.67%56.90%-182 bps
Liquid Assets / Assets51.98%54.18%54.84%56.07%56.65%+467 bps