Nashville, TN · Charter 14081
NCUA · 2 branches
Q3 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2024, the quarter ended September 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 (n=1,757 to 1,761). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
80
Asset Quality
100
Profitability
0
Liquidity
59
Efficiency
65
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.
Nashville, TN · Charter 14081
NCUA · 2 branches
Q3 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 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.21% | 1.28% | 1.35% | 1.16% | 1.05% | 0.00% | 1.05% | -9.55% | -1,071 bps | |
| Return on Equity | 6.10% | 6.21% | 6.46% | 5.46% | 4.86% | 0.00% | 4.40% | -55.26% | -6,073 bps | |
| Net Interest Margin | 2.58% | 3.56% | 3.52% | 3.62% | 3.66% | 3.60% | 3.75% | -3.04% | -667 bps | |
| Efficiency Ratio | 55.85% | 65.21% | 63.32% | 62.90% | 64.40% | 76.55% | 73.01% | n/a | n/a | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.71% | -0.32% | 3.18% | -2.31% | -4.05% | -8.89% | -11.36% | -12.44% | -1,013 bps | |
| Loan Growth (YoY) | 2.75% | 3.39% | 4.19% | -1.76% | 3.62% | -2.13% | 3.73% | -4.09% | -233 bps | |
| Share Growth (YoY) | 0.61% | -2.30% | 1.69% | -5.10% | -6.33% | -12.16% | -14.84% | -13.94% | -884 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.41% | 3.19% | 4.10% | 4.82% | 4.44% | 4.01% | 3.27% | 0.00% | -482 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 | 1.86% | 1.74% | 1.84% | 1.22% | 1.22% | 1.46% | 1.59% | 0.00% | -122 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 19.77% | 20.68% | 20.83% | 21.22% | 21.65% | 23.49% | 23.90% | 17.27% | -395 bps | |
| Net Worth / Assets | 19.77% | 20.68% | 20.83% | 21.22% | 21.65% | 23.49% | 23.90% | 17.27% | -395 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 51.10% | 56.06% | 53.11% | 53.87% | 56.53% | 62.45% | 64.68% | 60.03% | +617 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Nashville, TN · Charter 14081 · Peer group: credit unions under $1B in assets (n=1,757-1,761)
NCUA · 2 branches
Q3 2024
Return on Assets
-9.55%
Rank 1,755 of 1,761
Net Interest Margin
-3.05%
Rank 1,761 of 1,761
Equity / Assets
17.27%
Rank 344 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -9.55% | 0.26% | 0.70% | 1.22% | Beats 0% | 1,755 / 1,761 | ||
| Return on Equity | -55.31% | 2.09% | 5.52% | 9.08% | Beats 1% | 1,744 / 1,761 | ||
| Net Interest Margin | -3.05% | 3.03% | 3.59% | 4.25% | Beats 0% | 1,761 / 1,761 | ||
| Efficiency Ratio | n/a | Not reported for this institution | ||||||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.00% | 0.26% | 0.65% | 1.27% | Beats 100% | 134 / 1,757 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 17.27% | 10.05% | 12.42% | 15.87% | Beats 80% | 344 / 1,761 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 17.27% | 10.05% | 12.42% | 15.87% | Beats 80% | 344 / 1,761 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 60.03% | 56.21% | 73.13% | 85.64% | 30th pctl | 1,238 / 1,759 | ||
| Loans / Assets | 46.31% | 47.85% | 62.48% | 73.19% | 23rd pctl | 1,354 / 1,761 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||