PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

American Chemical Society

Columbus, OH · Charter 14418

NCUA · 2 branches

Q3 2018

$18.2MAssets
$8.1MLoans
$16.2MShares
$1.9MNet 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 0.12%, up 16 bps year over year; NIM at 3.10%.
  • Asset quality: problem loans at 0.20% of loans (-64 bps YoY).
  • Capital: net worth / assets of 10.65%, up 98 bps from a year ago.
  • Funding: loans stand at 50.02% of shares as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

0.12%+16 bps YoY

Net Interest Margin (YTD, annualized)

3.10%+30 bps YoY

Efficiency Ratio (YTD, annualized)

91.33%+44 bps YoY

Net Worth / Assets

10.65%+98 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets-0.04%0.02%0.32%0.07%0.12%+16 bps
Return on Equity-0.37%0.16%3.22%0.66%1.16%+153 bps
Net Interest Margin2.80%2.86%2.88%2.83%3.10%+30 bps
Efficiency Ratio90.89%88.88%94.50%94.40%91.33%+44 bps
Growth
Asset Growth (YoY)-5.09%-7.00%-7.63%-5.44%-8.05%-296 bps
Loan Growth (YoY)-9.42%-5.63%12.85%9.00%6.59%+1,600 bps
Share Growth (YoY)-5.69%-7.78%-8.61%-4.89%-9.02%-333 bps
Asset Quality
Delinquent Loans / Loans0.84%0.56%0.50%0.19%0.20%-64 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.54%0.63%0.48%0.39%0.47%-7 bps
Capital
Risk-Based Capital9.67%9.85%9.98%9.90%10.65%+98 bps
Net Worth / Assets9.67%9.85%9.98%9.90%10.65%+98 bps
Liquidity & Funding
Loans / Shares42.70%43.61%50.81%48.40%50.02%+733 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps