PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Monarch Marking

Dayton, OH · Charter 1489

NCUA · 2 branches

Q3 2019

$9.8MAssets
$5.1MLoans
$8.6MShares
$1.0MNet 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 -14.66%, down 1,518 bps year over year; NIM at -9.43%.
  • Asset quality: problem loans at 1.59% of loans (+112 bps YoY).
  • Capital: net worth / assets of 10.47%, down 1,109 bps from a year ago.
  • Funding: loans stand at 59.37% of shares as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

-14.66%-1,518 bps YoY

Net Interest Margin (YTD, annualized)

-9.43%-1,267 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

10.47%-1,109 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets0.52%0.68%0.30%0.53%-14.66%-1,518 bps
Return on Equity2.40%3.09%1.40%2.47%-140.02%-14,242 bps
Net Interest Margin3.23%3.29%3.06%3.13%-9.43%-1,267 bps
Efficiency Ratio86.72%82.63%91.24%85.43%n/an/a
Growth
Asset Growth (YoY)-2.63%0.20%1.50%2.84%1.76%+439 bps
Loan Growth (YoY)-1.46%-1.57%-3.37%-3.46%-4.90%-344 bps
Share Growth (YoY)-3.82%-0.47%1.09%2.64%14.78%+1,860 bps
Asset Quality
Delinquent Loans / Loans0.47%0.68%1.30%1.02%1.59%+112 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.34%1.12%1.02%0.64%1.07%-28 bps
Capital
Risk-Based Capital21.56%22.09%21.38%21.50%10.47%-1,109 bps
Net Worth / Assets21.56%22.09%21.38%21.50%10.47%-1,109 bps
Liquidity & Funding
Loans / Shares71.66%74.03%66.85%67.35%59.37%-1,229 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps