Meridian, MS · Charter 15108
NCUA · 1 branch
Q4 2024
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.99% | 2.19% | 1.92% | 1.25% | 0.52% | 0.62% | 0.30% | -1.48% | -273 bps | |
| Return on Equity | 8.85% | 17.70% | 14.79% | 10.01% | 4.14% | 5.01% | 2.48% | -14.02% | -2,403 bps | |
| Net Interest Margin | 4.54% | 4.90% | 5.05% | 4.89% | 4.54% | 4.47% | 4.43% | 4.61% | -27 bps | |
| Efficiency Ratio | 85.01% | 69.32% | 72.97% | 78.57% | 85.18% | 87.82% | 87.65% | 108.43% | +2,986 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.61% | -4.78% | -3.85% | 1.65% | -0.37% | 5.56% | 9.54% | 2.36% | +71 bps | |
| Loan Growth (YoY) | 31.39% | 18.15% | 14.89% | 15.56% | 13.79% | 19.63% | 16.48% | 12.43% | -314 bps | |
| Share Growth (YoY) | -3.17% | -4.37% | -5.84% | -5.70% | -3.91% | -2.01% | 5.07% | 7.75% | +1,345 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.16% | 3.13% | 3.00% | 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 | n/a | n/a | n/a |
| Allowance / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.25% | 12.35% | 13.00% | 12.46% | 12.54% | 12.30% | 12.09% | 10.58% | -189 bps | |
| Net Worth / Assets | 11.25% | 12.35% | 13.00% | 12.46% | 12.54% | 12.30% | 12.09% | 10.58% | -189 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 66.37% | 69.03% | 74.92% | 80.37% | 78.59% | 84.27% | 83.06% | 83.86% | +349 bps | |
| Liquid Assets / Assets | 98.27% | 0.00% | 0.00% | 98.49% | 0.00% | 0.00% | 0.00% | 0.00% | -9,849 bps | |