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Geco

Harvey, LA · Charter 9060

NCUA · 1 branch

Q3 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: Q3 2017, the quarter ended September 30, 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

Geco

Harvey, LA · Charter 9060

NCUA · 1 branch

Q3 2017

$869KAssets
$252KLoans
$779KShares
$88KNet 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 -1.57%, down 129 bps year over year; NIM at 2.08%.
  • Asset quality: problem loans at 21.98% of loans (+586 bps YoY).
  • Capital: net worth / assets of 10.15%, up 103 bps from a year ago.
  • Funding: loans stand at 32.36% of shares as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

-1.57%-129 bps YoY

Net Interest Margin (YTD, annualized)

2.08%-8 bps YoY

Efficiency Ratio (YTD, annualized)

170.10%+5,792 bps YoY

Net Worth / Assets

10.15%+103 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets-0.29%-0.68%-0.47%-0.97%-1.57%-129 bps
Return on Equity-3.14%-7.74%-5.07%-9.56%-15.49%-1,236 bps
Net Interest Margin2.16%2.12%1.89%2.00%2.08%-8 bps
Efficiency Ratio112.18%129.64%123.19%144.96%170.10%+5,792 bps
Growth
Asset Growth (YoY)-5.47%-4.39%-11.98%-21.47%-23.52%-1,805 bps
Loan Growth (YoY)-20.22%-19.21%-20.79%-25.43%-25.66%-544 bps
Share Growth (YoY)-5.96%-4.05%-12.47%-22.55%-24.48%-1,852 bps
Asset Quality
Delinquent Loans / Loans16.12%16.91%15.13%18.38%21.98%+586 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans7.27%7.77%8.31%9.43%6.73%-54 bps
Capital
Risk-Based Capital9.12%8.79%9.36%10.11%10.15%+103 bps
Net Worth / Assets9.12%8.79%9.36%10.11%10.15%+103 bps
Liquidity & Funding
Loans / Shares32.87%31.30%32.26%33.40%32.36%-52 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps