Richmond, VA · Charter 12456
NCUA · 4 branches
Q3 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 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.22% | -0.50% | -0.31% | 0.01% | 0.13% | 0.33% | 0.12% | -2.71% | -273 bps | |
| Return on Equity | 2.90% | -6.63% | -4.12% | 0.15% | 1.74% | 4.33% | 1.53% | -46.48% | -4,663 bps | |
| Net Interest Margin | 2.21% | 2.25% | 2.48% | 2.61% | 2.81% | 3.18% | 3.11% | 3.12% | +52 bps | |
| Efficiency Ratio | 97.83% | 116.12% | 108.30% | 99.98% | 95.74% | 92.93% | 94.48% | 161.67% | +6,169 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.67% | 1.14% | 1.73% | 6.58% | 2.36% | 2.21% | 1.35% | -5.49% | -1,207 bps | |
| Loan Growth (YoY) | -5.02% | 0.92% | 16.89% | 30.54% | 35.29% | 32.66% | 8.37% | -6.80% | -3,734 bps | |
| Share Growth (YoY) | 6.11% | 1.26% | 2.09% | 0.36% | -2.63% | -6.19% | -6.39% | -6.17% | -653 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.37% | 0.29% | 0.24% | 0.45% | 0.72% | 0.81% | 0.81% | 1.13% | +68 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 | 0.19% | 0.18% | 0.17% | 0.15% | 0.15% | 0.00% | 0.00% | 0.00% | -15 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.66% | 7.54% | 7.54% | 7.32% | 7.61% | 7.71% | 7.78% | 5.84% | -148 bps | |
| Net Worth / Assets | 7.66% | 7.54% | 7.54% | 7.32% | 7.61% | 7.71% | 7.78% | 5.84% | -148 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 54.61% | 55.59% | 65.94% | 74.99% | 75.88% | 78.61% | 76.34% | 74.48% | -51 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |