Niagara Falls, NY · Charter 1317
NCUA · 1 branch
Q2 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2024, the quarter ended June 30, 2024, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Credit unions under $1B in assets in NY (n=118). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
84
Asset Quality
61
Profitability
37
Liquidity
11
Efficiency
15
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Niagara Falls, NY · Charter 1317
NCUA · 1 branch
Q2 2024
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 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.51% | -0.91% | -4.52% | 0.21% | 0.21% | 0.22% | -0.90% | 0.02% | -20 bps | |
| Return on Equity | 3.38% | -6.26% | -33.10% | 1.45% | 1.35% | 1.42% | -5.92% | 0.12% | -132 bps | |
| Net Interest Margin | 3.68% | 3.78% | 3.46% | 3.85% | 4.06% | 4.14% | 4.11% | 4.37% | +52 bps | |
| Efficiency Ratio | 84.50% | 89.13% | 102.02% | 95.35% | 95.63% | 95.43% | 105.85% | 93.23% | -212 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.01% | -3.93% | -2.93% | -7.67% | -8.85% | -7.09% | -9.95% | -5.39% | +228 bps | |
| Loan Growth (YoY) | 6.90% | 4.65% | 10.84% | 9.14% | 6.59% | 7.55% | 2.27% | 4.28% | -486 bps | |
| Share Growth (YoY) | -0.20% | -4.11% | -2.72% | -8.22% | -9.54% | -8.32% | -11.51% | -6.40% | +182 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.37% | 0.05% | 0.42% | 0.38% | 1.09% | 0.88% | 0.40% | 0.39% | +1 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 | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 15.03% | 14.48% | 13.66% | 14.84% | 15.58% | 15.77% | 15.18% | 15.81% | +97 bps | |
| Net Worth / Assets | 15.03% | 14.48% | 13.66% | 14.84% | 15.58% | 15.77% | 15.18% | 15.81% | +97 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 73.40% | 76.93% | 74.53% | 81.17% | 86.49% | 90.24% | 86.14% | 90.43% | +926 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Niagara Falls, NY · Charter 1317 · Peer group: credit unions under $1B in assets in NY (n=118)
NCUA · 1 branch
Q2 2024
Return on Assets
0.02%
Rank 102 of 118
Net Interest Margin
4.38%
Rank 19 of 118
Efficiency Ratio
93.09%
Rank 101 of 118
Equity / Assets
15.81%
Rank 19 of 118
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.02% | 0.29% | 0.72% | 1.20% | Beats 14% | 102 / 118 | n/a | |
| Return on Equity | 0.11% | 2.45% | 6.37% | 9.88% | Beats 14% | 102 / 118 | n/a | |
| Net Interest Margin | 4.38% | 2.94% | 3.41% | 4.08% | Beats 84% | 19 / 118 | n/a | |
| Efficiency Ratio | 93.09% | 67.85% | 78.90% | 88.11% | Beats 15% | 101 / 118 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.40% | 0.22% | 0.62% | 1.24% | Beats 61% | 47 / 118 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 15.81% | 9.33% | 11.37% | 13.62% | Beats 84% | 19 / 118 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 15.81% | 9.33% | 11.37% | 13.62% | Beats 84% | 19 / 118 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 90.43% | 47.48% | 63.74% | 83.37% | 85th pctl | 18 / 118 | n/a | |
| Loans / Assets | 75.74% | 40.20% | 54.83% | 71.23% | 83rd pctl | 20 / 118 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||