PackageTrendsPeer
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Allied Healthcare

Long Beach, CA · Charter 11005

NCUA · 5 branches

Q1 2024

$71.0MAssets
$50.4MLoans
$63.4MShares
$8.4MNet 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 0.06%, down 91 bps year over year; NIM at 4.08%.
  • Asset quality: problem loans at 0.60% of loans (+39 bps YoY).
  • Capital: net worth / assets of 11.78%, up 194 bps from a year ago.
  • Funding: loans stand at 79.49% of shares as of Q1 2024.

Financial Results

Return on Assets (YTD, annualized)

0.06%-91 bps YoY

Net Interest Margin (YTD, annualized)

4.08%+28 bps YoY

Efficiency Ratio (YTD, annualized)

81.34%+327 bps YoY

Net Worth / Assets

11.78%+194 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2023Q2 2023Q3 2023Q4 2023Q1 2024YoY ΔTrend
Earnings
Return on Assets0.97%1.03%1.12%1.15%0.06%-91 bps
Return on Equity9.89%9.89%10.23%9.90%0.55%-934 bps
Net Interest Margin3.81%3.92%4.05%4.20%4.08%+28 bps
Efficiency Ratio78.06%77.33%76.11%75.91%81.34%+327 bps
Growth
Asset Growth (YoY)-6.11%-7.25%-7.73%-8.68%-9.08%-297 bps
Loan Growth (YoY)7.80%10.06%6.89%1.59%-2.34%-1,013 bps
Share Growth (YoY)-6.18%-8.74%-9.32%-11.02%-11.47%-529 bps
Asset Quality
Delinquent Loans / Loans0.21%0.45%0.18%0.94%0.60%+39 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.34%0.00%0.00%0.00%0.00%-34 bps
Capital
Risk-Based Capital9.84%10.39%10.93%11.60%11.78%+194 bps
Net Worth / Assets9.84%10.39%10.93%11.60%11.78%+194 bps
Liquidity & Funding
Loans / Shares72.05%74.37%76.59%80.29%79.49%+744 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps