PENNANALYTICS — ACA FINANCIAL PERFORMANCE TOOL RATIO REFERENCE DOCUMENT Generated: 2026-06-09 All ratios expressed as percentages (%) unless noted as a multiple (x) or percentage points (pp). ANNUALIZATION NOTE ---------------------------------------------------------------------------------------------------- Flow variables (income/expense items) are YTD cumulative from the Call Report. Annualization factor = 12 / reporting_month (e.g. 4.0 at Q1, 2.0 at Q2, 1.333 at Q3, 1.0 at Q4). When both numerator and denominator are flow variables, the factor cancels and is omitted. SCHEDULE ABBREVIATIONS ---------------------------------------------------------------------------------------------------- RC — Schedule RC: Balance Sheet RC.1 — Schedule RC.1: Memoranda (Loan Portfolio Composition) RI — Schedule RI: Income & Comprehensive Income Statement RCF — Schedule RC-F: Loan Performance by Status RCG — Schedule RC-G: Average Daily Amounts for the Quarter RCK — Schedule RC-K: Accrual Loan Activity Reconcilement RCR-1 — Schedule RC-R.1: Regulatory Capital Components (Dec 2017+) RCR-2 — Schedule RC-R.2: Regulatory Capital Ratios (Dec 2017+) ==================================================================================================== CAPITAL ADEQUACY ==================================================================================================== C-1 — Total Capital Ratio ---------------------------------------------------------------------------------------------------- Formula : Net Worth / Total Assets × 100 Unit : % Notes : Primary solvency indicator. FCS cooperative analog of the commercial bank leverage ratio. Not risk-weighted. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netwrth RC — Balance Sheet Total net worth assets RC — Balance Sheet Total assets C-2 — Permanent Capital Ratio ---------------------------------------------------------------------------------------------------- Formula : 2017+: FCA official permcapd (from RCR-2, stored as fraction) × 100 Pre-2017: Avg Permanent Capital / Avg Risk-Adjusted Assets × 100 Unit : % Notes : FCS-specific regulatory metric; no commercial bank equivalent. Permanent capital includes retained earnings, allocated surplus, and certain stock instruments. The 2017+ figure is FCA's own computed ratio reported directly in RCR-2. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- permcapd RCR-2 — Reg Capital Ratios (2017+) Permanent capital ratio (FCA official, stored as %) avprmcap RCG — Quarterly Averages (pre-2017) Average permanent capital avrskas RCG — Quarterly Averages (pre-2017) Average risk-adjusted assets C-3 — Core Surplus Ratio ---------------------------------------------------------------------------------------------------- Formula : 2017+: URE & Equivalents / RWA (Permanent Capital Basis) × 100 Pre-2017: Avg Core Surplus / Avg Risk-Adjusted Assets × 100 Unit : % Notes : FCA Tier 1 analog. Core surplus = unallocated retained earnings plus equivalents. Measures the highest-quality, unencumbered capital buffer. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- ureandequiv RCR-1 — Reg Capital Components (2017+) URE and equivalents (core surplus base) rwapermcap RCR-1 — Reg Capital Components (2017+) Risk-weighted assets for permanent capital ratio avcorsur RCG — Quarterly Averages (pre-2017) Average core surplus avrskas RCG — Quarterly Averages (pre-2017) Average risk-adjusted assets C-4 — Total Surplus Ratio ---------------------------------------------------------------------------------------------------- Formula : 2017+: Total Regulatory Capital / RWA (Permanent Capital Basis) × 100 Pre-2017: Avg Total Surplus / Avg Risk-Adjusted Assets × 100 Unit : % Notes : Broader FCS capital buffer measure. Includes allocated surplus in addition to core surplus. Complementary to C-3. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- totregcap RCR-1 — Reg Capital Components (2017+) Total regulatory capital (quarter-end) rwapermcap RCR-1 — Reg Capital Components (2017+) Risk-weighted assets for permanent capital ratio avtotsur RCG — Quarterly Averages (pre-2017) Average total surplus avrskas RCG — Quarterly Averages (pre-2017) Average risk-adjusted assets C-6 — CET1 Ratio ---------------------------------------------------------------------------------------------------- Formula : cet1ratio × 100 Unit : % Notes : Common Equity Tier 1 / RWA. Available 2017+; NULL for earlier periods. FCA pre-calculated; stored as fraction in RCR-2. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- cet1ratio RCR-2 — Reg Capital Ratios (2017+) CET1 capital ratio (FCA official, stored as fraction) C-7 — Tier 1 Capital Ratio ---------------------------------------------------------------------------------------------------- Formula : tier1ratio × 100 Unit : % Notes : Tier 1 Capital / RWA. Available 2017+; NULL for earlier periods. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- tier1ratio RCR-2 — Reg Capital Ratios (2017+) Tier 1 capital ratio (FCA official, stored as fraction) C-8 — Total Regulatory Capital Ratio ---------------------------------------------------------------------------------------------------- Formula : totregcapratio × 100 Unit : % Notes : Total Regulatory Capital / RWA. Available 2017+. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- totregcapratio RCR-2 — Reg Capital Ratios (2017+) Total regulatory capital ratio (FCA official, stored as fraction) C-9 — Tier 1 Leverage Ratio ---------------------------------------------------------------------------------------------------- Formula : tier1lvrgratio × 100 Unit : % Notes : Tier 1 Capital / Total Assets (adjusted). Available 2017+. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- tier1lvrgratio RCR-2 — Reg Capital Ratios (2017+) Tier 1 leverage ratio (FCA official, stored as fraction) C-10 — URE & Equivalents Leverage Ratio ---------------------------------------------------------------------------------------------------- Formula : ureandequivlvrgratio × 100 Unit : % Notes : URE and Equivalents / Total Assets. FCS-specific leverage metric. Available 2017+. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- ureandequivlvrgratio RCR-2 — Reg Capital Ratios (2017+) URE and equivalents leverage ratio (FCA official, stored as fraction) ==================================================================================================== ASSET QUALITY ==================================================================================================== A-1 — Nonaccrual Loan Ratio ---------------------------------------------------------------------------------------------------- Formula : Nonaccrual Loans / Net Loans × 100 Unit : % Notes : Core credit quality indicator. Uses net loans (after ACL) as denominator. See A-13 for the FIRS variant using gross loans. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nonacr RC — Balance Sheet Nonaccrual loans netloans RC — Balance Sheet Net loans (gross loans minus allowance for credit losses) A-2 — Accruing Past Due 90+ Days Ratio ---------------------------------------------------------------------------------------------------- Formula : Accruing Loans 90+ Days Past Due / Gross Loan Items × 100 Unit : % Notes : Leading indicator of nonaccrual migration. Denominator is total gross loans from RCF totals row (loanstatus = 60). Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- pdue90 RCF — Loan Performance (loanstatus=60) Loans past due 90+ days (total row) loans_gross RCF — Loan Performance (loanstatus=60) Total gross loan items (total row, column totpdue) A-3 — Delinquency Rate 30–89 Days ---------------------------------------------------------------------------------------------------- Formula : Loans 30–89 Days Past Due / Gross Loan Items × 100 Unit : % Notes : Early warning indicator. Leads nonaccrual migration by approximately 1–2 quarters. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- pdue30 RCF — Loan Performance (loanstatus=60) Loans past due 30–89 days (total row) loans_gross RCF — Loan Performance (loanstatus=60) Total gross loan items (total row) A-4 — Adverse Asset Ratio ---------------------------------------------------------------------------------------------------- Formula : (Nonaccrual Loans + OREO + Restructured Loans) / Total Assets × 100 Unit : % Notes : Comprehensive impaired asset measure. Restructured loans = formally restructured accruing (RCF loanstatus=20, totpdue column). Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nonacr RC — Balance Sheet Nonaccrual loans naqprop RC — Balance Sheet Other property owned (OREO / acquired property) restructured_loans RCF — Loan Performance (loanstatus=20) Formally restructured accruing loans (totpdue column) assets RC — Balance Sheet Total assets A-5 — Allowance Coverage Ratio ---------------------------------------------------------------------------------------------------- Formula : Allowance for Credit Losses / Net Loans × 100 Unit : % Notes : Reserve adequacy against the net loan portfolio. For the FIRS variant using gross loans see A-15. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- allnloss RC — Balance Sheet Allowance for credit losses netloans RC — Balance Sheet Net loans A-6 — Nonaccrual Coverage Ratio ---------------------------------------------------------------------------------------------------- Formula : Allowance for Credit Losses / Nonaccrual Loans × 100 Unit : % Notes : Reserve coverage of specifically identified impaired loans. >100% indicates reserves exceed identified problem loans. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- allnloss RC — Balance Sheet Allowance for credit losses nonacr RC — Balance Sheet Nonaccrual loans A-7 — Net Charge-Off Rate ---------------------------------------------------------------------------------------------------- Formula : (Gross Charge-Offs − Recoveries) × Annualization Factor / Avg Accrual Loans × 100 Unit : % Notes : Annualized realized loss rate. Both numerator components are YTD cumulative from RCK. Annualization factor = 12 / reporting_month. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- coacrlns RCK — Accrual Loan Activity Gross charge-offs on accrual loans (YTD cumulative) recacrln RCK — Accrual Loan Activity Recoveries / reinstatements of charge-offs (YTD cumulative) avacrlns RCG — Quarterly Averages Average accrual loans for the quarter A-8 — Provision Rate ---------------------------------------------------------------------------------------------------- Formula : Provision for Credit Losses × Annualization Factor / Avg Accrual Loans × 100 Unit : % Notes : Forward-looking loss recognition rate. Provision is YTD cumulative from RI. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- provlns RI — Income Statement Provision for credit losses on loans (YTD cumulative) avacrlns RCG — Quarterly Averages Average accrual loans for the quarter A-9 — OREO Ratio ---------------------------------------------------------------------------------------------------- Formula : Other Property Owned / Total Assets × 100 Unit : % Notes : Foreclosed property burden as share of total assets. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- naqprop RC — Balance Sheet Other property owned (OREO / acquired property) assets RC — Balance Sheet Total assets A-10 — Restructured Loan Ratio ---------------------------------------------------------------------------------------------------- Formula : Formally Restructured Accruing Loans / Gross Loan Items × 100 Unit : % Notes : Extent of workout activity. Formally restructured accruing loans are loanstatus=20 in RCF. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- restructured_loans RCF — Loan Performance (loanstatus=20) Formally restructured accruing loans (totpdue column) loans_gross RCF — Loan Performance (loanstatus=60) Total gross loan items (total row) A-11 — Adverse Classified Assets / Total Regulatory Capital ---------------------------------------------------------------------------------------------------- Formula : Adverse Assets / Total Regulatory Capital × 100 Unit : % Notes : FIRS examiner metric. Adverse assets = loanstatus 54 (substandard accruing) + loanstatus 56 (adverse nonaccrual) from RCF. Available 2017+. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- adverse_total RCF — Loan Performance (loanstatus 54+56) Sum of substandard accruing + adverse nonaccrual loan totals totregcap RCR-1 — Reg Capital Components (2017+) Total regulatory capital (quarter-end) A-12 — Criticized Assets / Total Regulatory Capital ---------------------------------------------------------------------------------------------------- Formula : Criticized Assets / Total Regulatory Capital × 100 Unit : % Notes : FIRS examiner metric. Criticized = Adverse + loanstatus 20 (formally restructured / OAEM). Available 2017+. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- criticized_total RCF — Loan Performance (loanstatus 20+54+56) Sum of OAEM/formally restructured + substandard + adverse nonaccrual totregcap RCR-1 — Reg Capital Components (2017+) Total regulatory capital (quarter-end) A-13 — Nonaccrual / Gross Loan Items ---------------------------------------------------------------------------------------------------- Formula : Nonaccrual Loans / Gross Loan Items × 100 Unit : % Notes : FIRS exact denominator variant of A-1. Uses gross loans rather than net loans. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nonacr RC — Balance Sheet Nonaccrual loans loans_gross RCF — Loan Performance (loanstatus=60) Total gross loan items (total row) A-14 — Total Past Due ≥ 30 Days / Gross Loan Items ---------------------------------------------------------------------------------------------------- Formula : (Loans 30–89 Days Past Due + Loans 90+ Days Past Due) / Gross Loan Items × 100 Unit : % Notes : FIRS benchmark. Combines both past-due buckets for total delinquency rate. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- pdue30 RCF — Loan Performance (loanstatus=60) Loans past due 30–89 days (total row) pdue90 RCF — Loan Performance (loanstatus=60) Loans past due 90+ days (total row) loans_gross RCF — Loan Performance (loanstatus=60) Total gross loan items (total row) A-15 — Allowance for Credit Losses / Gross Loan Items ---------------------------------------------------------------------------------------------------- Formula : Allowance for Credit Losses / Gross Loan Items × 100 Unit : % Notes : FIRS variant of A-5. Uses gross loans as denominator. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- allnloss RC — Balance Sheet Allowance for credit losses loans_gross RCF — Loan Performance (loanstatus=60) Total gross loan items (total row) A-16 — Special Mention Assets / Total Classified Assets ---------------------------------------------------------------------------------------------------- Formula : (Criticized Assets − Adverse Assets) / Criticized Assets × 100 Unit : % Notes : FIRS composition metric. Special Mention (OAEM) = Criticized minus Adverse. Returns NULL when no classified assets exist. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- criticized_total RCF — Loan Performance (loanstatus 20+54+56) Total criticized assets adverse_total RCF — Loan Performance (loanstatus 54+56) Total adverse assets A-17 — Adverse Assets / Total Classified Assets ---------------------------------------------------------------------------------------------------- Formula : Adverse Assets / Criticized Assets × 100 Unit : % Notes : FIRS composition metric; complement of A-16. Measures severity within the classified portfolio. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- adverse_total RCF — Loan Performance (loanstatus 54+56) Total adverse assets criticized_total RCF — Loan Performance (loanstatus 20+54+56) Total criticized assets A-18 — Top 10 Loan Commitments / Total Regulatory Capital ---------------------------------------------------------------------------------------------------- Formula : Aggregate 10 Largest Loan Commitments / Total Regulatory Capital × 100 Unit : % Notes : Single-borrower concentration metric. FIRS 'other statistic' for the Asset Quality component. Available 2017+ (regulatory capital denominator). Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- top10loans RC.1 — Memoranda Aggregate 10 largest loan commitments totregcap RCR-1 — Reg Capital Components (2017+) Total regulatory capital (quarter-end) ==================================================================================================== MANAGEMENT / EFFICIENCY ==================================================================================================== M-1 — Efficiency Ratio ---------------------------------------------------------------------------------------------------- Formula : Noninterest Expense / (Net Interest Income + Noninterest Income) × 100 Unit : % Notes : Primary management metric. Lower = more efficient. All components are YTD flow items; annualization cancels. No annualization factor applied. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- totnonintexp RI — Income Statement Total noninterest expense (YTD cumulative) netinty RI — Income Statement Net interest income (YTD cumulative) totnoninty RI — Income Statement Total noninterest income (YTD cumulative) M-2 — Operating Expense / Average Assets ---------------------------------------------------------------------------------------------------- Formula : Noninterest Expense × Annualization Factor / Avg Total Assets × 100 Unit : % Notes : Cost burden relative to asset base, annualized. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- totnonintexp RI — Income Statement Total noninterest expense (YTD cumulative) avasset RCG — Quarterly Averages Average total assets for the quarter M-3 — Noninterest Expense / Average Loans ---------------------------------------------------------------------------------------------------- Formula : Noninterest Expense × Annualization Factor / Avg Accrual Loans × 100 Unit : % Notes : Cost per dollar of earning assets, annualized. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- totnonintexp RI — Income Statement Total noninterest expense (YTD cumulative) avacrlns RCG — Quarterly Averages Average accrual loans for the quarter ==================================================================================================== EARNINGS ==================================================================================================== E-1 — ROAA (Pre-Patronage) ---------------------------------------------------------------------------------------------------- Formula : (Net Income + Patronage Paid) × Annualization Factor / Avg Total Assets × 100 Unit : % Notes : Return on average assets before patronage distributions. Patronage paid is a cooperative distribution, not an expense — adding it back restores true earnings power for comparison to commercial banks. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nety RI — Income Statement Net income (YTD cumulative) patpaid RI — Income Statement Patronage paid on asset purchases/sales (YTD cumulative; NULL treated as 0) avasset RCG — Quarterly Averages Average total assets for the quarter E-1b — ROAA (Post-Patronage) ---------------------------------------------------------------------------------------------------- Formula : Net Income × Annualization Factor / Avg Total Assets × 100 Unit : % Notes : ROAA as reported, after all patronage distributions have been deducted. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nety RI — Income Statement Net income (YTD cumulative) avasset RCG — Quarterly Averages Average total assets for the quarter E-2 — ROAE (Pre-Patronage) ---------------------------------------------------------------------------------------------------- Formula : (Net Income + Patronage Paid) × Annualization Factor / Avg Net Worth × 100 Unit : % Notes : Return on average equity before patronage. Uses cooperative net worth as the equity base. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nety RI — Income Statement Net income (YTD cumulative) patpaid RI — Income Statement Patronage paid (YTD cumulative; NULL treated as 0) avnwrth RCG — Quarterly Averages Average total net worth for the quarter E-2b — ROAE (Post-Patronage) ---------------------------------------------------------------------------------------------------- Formula : Net Income × Annualization Factor / Avg Net Worth × 100 Unit : % Notes : ROAE after all patronage distributions. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nety RI — Income Statement Net income (YTD cumulative) avnwrth RCG — Quarterly Averages Average total net worth for the quarter E-3 — Net Interest Margin (NIM) ---------------------------------------------------------------------------------------------------- Formula : Net Interest Income × Annualization Factor / Avg Earning Assets × 100 Unit : % Notes : Reflects the spread between loan yields and cost of funds from the district Farm Credit Bank. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netinty RI — Income Statement Net interest income (YTD cumulative) avearnas RCG — Quarterly Averages Average total interest-earning assets for the quarter E-4 — NIM on Loans ---------------------------------------------------------------------------------------------------- Formula : Net Interest Income × Annualization Factor / Avg Accrual Loans × 100 Unit : % Notes : Loan-focused yield spread. Substitutes average loans for average earning assets as denominator. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netinty RI — Income Statement Net interest income (YTD cumulative) avacrlns RCG — Quarterly Averages Average accrual loans for the quarter E-5 — Patronage Expense / Average Assets ---------------------------------------------------------------------------------------------------- Formula : Patronage Paid × Annualization Factor / Avg Total Assets × 100 Unit : % Notes : Cooperative-specific. Measures the cost of patronage distributions relative to assets. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- patpaid RI — Income Statement Patronage paid on asset purchases/sales (YTD cumulative) avasset RCG — Quarterly Averages Average total assets for the quarter E-6 — Noninterest Income / Average Assets ---------------------------------------------------------------------------------------------------- Formula : Total Noninterest Income × Annualization Factor / Avg Total Assets × 100 Unit : % Notes : Fee income and other non-spread revenue as a share of assets. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- totnoninty RI — Income Statement Total noninterest income (YTD cumulative) avasset RCG — Quarterly Averages Average total assets for the quarter E-7 — PPNR / Average Assets ---------------------------------------------------------------------------------------------------- Formula : (Net Interest Income + Noninterest Income − Noninterest Expense) × Annualization Factor / Avg Total Assets × 100 Unit : % Notes : Pre-Provision Net Revenue measures core earnings capacity before credit loss provisions. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netinty RI — Income Statement Net interest income (YTD cumulative) totnoninty RI — Income Statement Total noninterest income (YTD cumulative) totnonintexp RI — Income Statement Total noninterest expense (YTD cumulative) avasset RCG — Quarterly Averages Average total assets for the quarter E-8 — Net Income / Average Loans ---------------------------------------------------------------------------------------------------- Formula : Net Income × Annualization Factor / Avg Accrual Loans × 100 Unit : % Notes : Loan portfolio earnings efficiency. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nety RI — Income Statement Net income (YTD cumulative) avacrlns RCG — Quarterly Averages Average accrual loans for the quarter E-10 — Return on Risk-Weighted Assets ---------------------------------------------------------------------------------------------------- Formula : Net Income × Annualization Factor / Risk-Weighted Assets × 100 Unit : % Notes : FIRS 'other statistic' for the Earnings component. Available 2017+ (RWA from RCR-1). Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nety RI — Income Statement Net income (YTD cumulative) rwaregcap RCR-1 — Reg Capital Components (2017+) Risk-weighted assets for regulatory capital ratio (quarter-end) ==================================================================================================== LIQUIDITY ==================================================================================================== L-1 — Loan-to-Asset Ratio ---------------------------------------------------------------------------------------------------- Formula : Net Loans / Total Assets × 100 Unit : % Notes : Earning asset concentration. ACAs typically show 70–85% given the absence of a securities portfolio. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netloans RC — Balance Sheet Net loans assets RC — Balance Sheet Total assets L-2 — Borrowed Funds / Total Liabilities ---------------------------------------------------------------------------------------------------- Formula : (Systemwide Notes + Notes Payable to FCS + Other Int-Bearing Debt) / Total Liabilities × 100 Unit : % Notes : ACA funding structure ratio. ACAs fund primarily through their district Farm Credit Bank, not retail deposits. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- sysntbdsos RC — Balance Sheet Systemwide notes and bonds outstanding ntpayofci RC — Balance Sheet Notes payable to other FCS institutions (direct note to district bank) ointbeardt RC — Balance Sheet Other interest-bearing debt liabs RC — Balance Sheet Total liabilities L-3 — Short-Term Borrowings / Total Borrowings ---------------------------------------------------------------------------------------------------- Formula : Other Interest-Bearing Debt / (Systemwide Notes + Notes Payable to FCS + Other Int-Bearing Debt) × 100 Unit : % Notes : Funding duration and rollover risk proxy. 'ointbeardt' is used as the variable-rate / short-term component; a full maturity schedule breakdown is not available in loaded Call Report data. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- ointbeardt RC — Balance Sheet Other interest-bearing debt (proxy for short-term / variable-rate funding) sysntbdsos RC — Balance Sheet Systemwide notes and bonds outstanding ntpayofci RC — Balance Sheet Notes payable to other FCS institutions L-4 — Liquid Assets / Total Assets ---------------------------------------------------------------------------------------------------- Formula : (Cash + Total Investments) / Total Assets × 100 Unit : % Notes : Immediate liquidity buffer. Investments field is NULL for early vintages (treated as 0). Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- cash RC — Balance Sheet Cash and cash equivalents totinvestments RC — Balance Sheet Total investment securities (added ~2021; NULL for earlier periods, treated as 0) assets RC — Balance Sheet Total assets L-5 — Accrual Acceptable Loans / Direct Note ---------------------------------------------------------------------------------------------------- Formula : Accrual Acceptable Loans (Not Past Due) / Notes Payable to District Bank × 100 Unit : % Notes : GFA collateral ratio — Tier 1 (highest quality). Measures the association's highest-quality collateral (current accruing acceptable loans) relative to the direct note it owes its funding bank. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- acceptable_accrual RCF — Loan Performance (loanstatus=10, notpdue) Acceptable accrual loans not past due ntpayofci RC — Balance Sheet Notes payable to other FCS institutions (direct note to district bank) L-6 — Acceptable Loans / Direct Note ---------------------------------------------------------------------------------------------------- Formula : Total Acceptable Loans / Notes Payable to District Bank × 100 Unit : % Notes : GFA collateral ratio — Tier 2. Includes past-due acceptable loans in the collateral base. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- acceptable_total RCF — Loan Performance (loanstatus=10, totpdue) Total acceptable loans (including past due) ntpayofci RC — Balance Sheet Notes payable to other FCS institutions L-7 — Acceptable + Special Mention Loans / Direct Note ---------------------------------------------------------------------------------------------------- Formula : (Acceptable + Formally Restructured/OAEM Loans) / Notes Payable to District Bank × 100 Unit : % Notes : GFA collateral ratio — Tier 3 (broadest). Adds loanstatus=20 (formally restructured / OAEM) to the acceptable base. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- acceptable_sm_total RCF — Loan Performance (loanstatus=10+20, totpdue) Acceptable + formally restructured/OAEM loans ntpayofci RC — Balance Sheet Notes payable to other FCS institutions ==================================================================================================== SENSITIVITY / PORTFOLIO CONCENTRATION ==================================================================================================== S-1 — Real Estate Loans / Total Loans ---------------------------------------------------------------------------------------------------- Formula : Real Estate Mortgage Loans / Total Loans × 100 Unit : % Notes : Collateral concentration; exposes capital to farmland price risk. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- typre RC.1 — Memoranda Real estate mortgage loans typtotal RC.1 — Memoranda Total loans (all types) S-2 — Production & Intermediate-Term / Total Loans ---------------------------------------------------------------------------------------------------- Formula : Production & Intermediate-Term Loans / Total Loans × 100 Unit : % Notes : Operating credit exposure; sensitive to commodity prices and operating margins. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- typproint RC.1 — Memoranda Production and intermediate-term loans typtotal RC.1 — Memoranda Total loans S-3 — Agribusiness Loans / Total Loans ---------------------------------------------------------------------------------------------------- Formula : (Cooperative Loans + Processing & Marketing Loans + Farm-Related Business Loans) / Total Loans × 100 Unit : % Notes : Commercial agricultural enterprise exposure. Sum of three agribusiness sub-types. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- typcoop RC.1 — Memoranda Agribusiness: cooperative loans typprocmkt RC.1 — Memoranda Agribusiness: processing and marketing loans typfarmrel RC.1 — Memoranda Agribusiness: farm-related business loans typtotal RC.1 — Memoranda Total loans S-4 — Rural Residential / Total Loans ---------------------------------------------------------------------------------------------------- Formula : Rural Residence Real Estate Loans / Total Loans × 100 Unit : % Notes : Non-farm residential exposure within the FCS charter. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- typrurre RC.1 — Memoranda Rural residence real estate loans typtotal RC.1 — Memoranda Total loans S-5 — Other Loan Types / Total Loans ---------------------------------------------------------------------------------------------------- Formula : (Total Loans − Real Estate − Production & IT − Agribusiness − Rural Residential) / Total Loans × 100 Unit : % Notes : Residual loan-type exposure not captured by S-1 through S-4. Includes: Communications (typcomm), Energy (typenerg), Water & Waste Disposal (typwatw), International (typintnl), Lease Receivables (typlesrec), and Other Loans (typoth). Reported as NULL if the computed value is negative or exceeds 100% (either result indicates a data integrity problem in the call report). Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- typtotal RC.1 — Memoranda Total loans (denominator and minuend base) typre RC.1 — Memoranda Real estate mortgage loans (subtracted) typproint RC.1 — Memoranda Production & intermediate-term loans (subtracted) typcoop RC.1 — Memoranda Agribusiness: cooperatives (subtracted via S-3) typprocmkt RC.1 — Memoranda Agribusiness: processing & marketing (subtracted via S-3) typfarmrel RC.1 — Memoranda Agribusiness: farm-related business (subtracted via S-3) typrurre RC.1 — Memoranda Rural residence real estate loans (subtracted) ==================================================================================================== GROWTH METRICS ==================================================================================================== G-1 — Total Asset Growth (YoY) ---------------------------------------------------------------------------------------------------- Formula : (Total Assets[current] − Total Assets[prior year same quarter]) / Total Assets[prior year] × 100 Unit : % Notes : Balance sheet expansion rate; NULL for the earliest available year. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- assets [current] RC — Balance Sheet Total assets (current quarter) assets [prior year] RC — Balance Sheet Total assets (same quarter, prior year) G-2 — Loan Portfolio Growth (YoY) ---------------------------------------------------------------------------------------------------- Formula : (Net Loans[current] − Net Loans[prior year same quarter]) / Net Loans[prior year] × 100 Unit : % Notes : Rapid loan growth is a leading indicator of future credit quality deterioration. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netloans [current] RC — Balance Sheet Net loans (current quarter) netloans [prior year] RC — Balance Sheet Net loans (same quarter, prior year) G-3 — Net Worth Growth (YoY) ---------------------------------------------------------------------------------------------------- Formula : (Net Worth[current] − Net Worth[prior year same quarter]) / Net Worth[prior year] × 100 Unit : % Notes : Capital accumulation rate; reflects retained earnings net of patronage distributions. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netwrth [current] RC — Balance Sheet Total net worth (current quarter) netwrth [prior year] RC — Balance Sheet Total net worth (same quarter, prior year) G-4 — NCO Trend YoY (pp) ---------------------------------------------------------------------------------------------------- Formula : Annualized NCO Rate[current year] − Annualized NCO Rate[prior year same quarter] Unit : pp Notes : Change in net charge-off rate year-over-year, in percentage points. Positive = charge-off rate rising; negative = improving. Both rates computed using their respective year's annualization factor and average loans. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- coacrlns [current] RCK — Accrual Loan Activity Gross charge-offs (YTD, current year) recacrln [current] RCK — Accrual Loan Activity Recoveries (YTD, current year) avacrlns [current] RCG — Quarterly Averages Average accrual loans (current quarter) coacrlns [prior yr] RCK — Accrual Loan Activity Gross charge-offs (YTD, prior year same quarter) recacrln [prior yr] RCK — Accrual Loan Activity Recoveries (YTD, prior year same quarter) avacrlns [prior yr] RCG — Quarterly Averages Average accrual loans (prior year same quarter) ==================================================================================================== STRESS TESTING / LOSS ABSORPTION ==================================================================================================== ST-1 — Loss Absorption Capacity ---------------------------------------------------------------------------------------------------- Formula : Allowance for Credit Losses / (Net Worth + Allowance) × 100 Unit : % Notes : Share of the total loss-absorption buffer (capital + reserves) that is held as reserves rather than equity. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- allnloss RC — Balance Sheet Allowance for credit losses netwrth RC — Balance Sheet Total net worth ST-2 — PPNR Coverage of NCOs ---------------------------------------------------------------------------------------------------- Formula : PPNR / Net Charge-Offs Unit : × (multiple) Notes : Years of current PPNR required to cover current charge-offs. Both are YTD flows; annualization cancels. PPNR = Net Interest Income + Noninterest Income − Noninterest Expense. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netinty RI — Income Statement Net interest income (YTD cumulative) totnoninty RI — Income Statement Total noninterest income (YTD cumulative) totnonintexp RI — Income Statement Total noninterest expense (YTD cumulative) coacrlns RCK — Accrual Loan Activity Gross charge-offs (YTD cumulative) recacrln RCK — Accrual Loan Activity Recoveries (YTD cumulative) ST-3 — Capital Coverage of Nonaccruals ---------------------------------------------------------------------------------------------------- Formula : Net Worth / Nonaccrual Loans × 100 Unit : % Notes : Capital buffer relative to identified impaired loans. >100% means capital exceeds total nonaccruals. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netwrth RC — Balance Sheet Total net worth nonacr RC — Balance Sheet Nonaccrual loans ST-4 — Total Buffer / Adverse Assets ---------------------------------------------------------------------------------------------------- Formula : (Net Worth + Allowance) / (Nonaccrual + OREO + Restructured Loans) × 100 Unit : % Notes : Combined loss-absorption buffer (capital + reserves) against the full adverse asset base. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- netwrth RC — Balance Sheet Total net worth allnloss RC — Balance Sheet Allowance for credit losses nonacr RC — Balance Sheet Nonaccrual loans naqprop RC — Balance Sheet Other property owned (OREO) restructured_loans RCF — Loan Performance (loanstatus=20) Formally restructured accruing loans (totpdue) ST-6 — Capital Depletion Rate ---------------------------------------------------------------------------------------------------- Formula : Net Charge-Offs × Annualization Factor / Net Worth × 100 Unit : % Notes : Pace at which current charge-off activity would consume capital if continued. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- coacrlns RCK — Accrual Loan Activity Gross charge-offs (YTD cumulative) recacrln RCK — Accrual Loan Activity Recoveries (YTD cumulative) netwrth RC — Balance Sheet Total net worth ST-8 — Nonaccrual Migration QoQ (pp) ---------------------------------------------------------------------------------------------------- Formula : Nonaccrual Rate[current quarter] − Nonaccrual Rate[prior quarter] Unit : pp Notes : Quarter-over-quarter change in the nonaccrual ratio, in percentage points. Positive = deteriorating; negative = improving. Both rates computed as nonacr / netloans × 100. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- nonacr [current] RC — Balance Sheet Nonaccrual loans (current quarter) netloans [current] RC — Balance Sheet Net loans (current quarter) nonacr [prior qtr] RC — Balance Sheet Nonaccrual loans (prior quarter) netloans [prior qtr] RC — Balance Sheet Net loans (prior quarter) ST-9 — Provision / NCO Ratio ---------------------------------------------------------------------------------------------------- Formula : Provision for Credit Losses / Net Charge-Offs Unit : × (multiple) Notes : >1 indicates the institution is building reserves; <1 indicates it is drawing down reserves. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- provlns RI — Income Statement Provision for credit losses on loans (YTD cumulative) coacrlns RCK — Accrual Loan Activity Gross charge-offs (YTD cumulative) recacrln RCK — Accrual Loan Activity Recoveries (YTD cumulative) ST-12 — Top Segment / Capital Buffer ---------------------------------------------------------------------------------------------------- Formula : MAX(Real Estate Loans, Production Loans, Agribusiness Loans) / (Net Worth + Allowance) × 100 Unit : % Notes : Capital at risk if the dominant loan segment experiences severe losses. Uses the largest of the three primary loan type balances. Variable Schedule Description ---------------------------------------------------------------------------------------------------------------------------------- typre RC.1 — Memoranda Real estate mortgage loans typproint RC.1 — Memoranda Production and intermediate-term loans typagbiz RC.1 — Memoranda Agribusiness loans (cooperative + processing/marketing + farm-related) netwrth RC — Balance Sheet Total net worth allnloss RC — Balance Sheet Allowance for credit losses