Muskegon Hgts, MI · Charter 11146
NCUA · 2 branches
Q4 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 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.54% | -0.58% | 0.12% | -0.06% | 0.41% | 0.35% | 0.55% | -0.30% | -24 bps | |
| Return on Equity | -2.01% | -2.14% | 0.45% | -0.20% | 1.45% | 1.20% | 1.70% | -0.86% | -67 bps | |
| Net Interest Margin | 2.04% | 2.05% | 2.33% | 2.37% | 3.07% | 3.22% | 3.44% | 3.86% | +149 bps | |
| Efficiency Ratio | 126.52% | 128.31% | 94.66% | 102.37% | 86.72% | 89.03% | 84.03% | 107.67% | +530 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.15% | -0.90% | -2.20% | -4.48% | -3.76% | -6.45% | -14.02% | -17.20% | -1,272 bps | |
| Loan Growth (YoY) | -6.31% | -6.52% | 0.83% | 17.60% | 18.11% | 11.60% | 2.29% | -10.12% | -2,773 bps | |
| Share Growth (YoY) | 3.27% | -0.76% | -2.95% | -6.11% | -5.39% | -9.42% | -19.66% | -23.67% | -1,756 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.66% | 0.47% | 0.37% | 0.27% | 0.19% | 0.11% | 2.60% | 3.05% | +279 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 | 0.70% | 0.59% | 0.11% | 0.10% | 0.11% | 0.10% | 0.11% | 0.11% | +1 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 26.89% | 27.23% | 27.61% | 28.65% | 28.12% | 29.53% | 32.36% | 34.30% | +566 bps | |
| Net Worth / Assets | 26.89% | 27.23% | 27.61% | 28.65% | 28.12% | 29.53% | 32.36% | 34.30% | +566 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 71.92% | 79.67% | 82.68% | 94.15% | 89.78% | 98.15% | 105.26% | 110.85% | +1,671 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |