Meridian, MS · Charter 15108
NCUA · 1 branch
Q4 2024
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
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 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.25% | 0.52% | 0.62% | 0.30% | -1.48% | -273 bps | |
| Return on Equity | 10.01% | 4.14% | 5.01% | 2.48% | -14.02% | -2,403 bps | |
| Net Interest Margin | 4.89% | 4.54% | 4.47% | 4.43% | 4.61% | -27 bps | |
| Efficiency Ratio | 78.57% | 85.18% | 87.82% | 87.65% | 108.43% | +2,986 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1.65% | -0.37% | 5.56% | 9.54% | 2.36% | +71 bps | |
| Loan Growth (YoY) | 15.56% | 13.79% | 19.63% | 16.48% | 12.43% | -314 bps | |
| Share Growth (YoY) | -5.70% | -3.91% | -2.01% | 5.07% | 7.75% | +1,345 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.12% | 0.72% | 1.21% | 1.36% | 1.54% | +41 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | |||||||
| Risk-Based Capital | 12.46% | 12.54% | 12.30% | 12.09% | 10.58% | -189 bps | |
| Net Worth / Assets | 12.46% | 12.54% | 12.30% | 12.09% | 10.58% | -189 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 80.37% | 78.59% | 84.27% | 83.06% | 83.86% | +349 bps | |
| Liquid Assets / Assets | 98.49% | 0.00% | 0.00% | 0.00% | 0.00% | -9,849 bps | |