Maumee, OH · Charter 15390
NCUA · 1 branch
Q4 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2023, the quarter ended December 31, 2023, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Maumee, OH · Charter 15390
NCUA · 1 branch
Q4 2023
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 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.17% | -2.20% | -1.42% | -0.86% | -0.59% | -42 bps | |
| Return on Equity | -0.79% | -10.42% | -6.59% | -4.02% | -2.74% | -195 bps | |
| Net Interest Margin | 2.57% | 2.38% | 2.71% | 2.70% | 2.78% | +22 bps | |
| Efficiency Ratio | 105.52% | 165.96% | 138.87% | 129.88% | 119.05% | +1,352 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -7.59% | -9.56% | -9.82% | -5.35% | -5.23% | +236 bps | |
| Loan Growth (YoY) | -12.17% | 12.33% | 14.08% | 22.32% | 34.43% | +4,660 bps | |
| Share Growth (YoY) | -9.27% | -11.07% | -11.27% | -5.81% | -5.83% | +345 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.60% | 0.58% | 1.33% | 0.59% | 1.70% | +10 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.00% | 0.33% | 1.92% | 1.52% | 1.50% | +150 bps | |
| Capital | |||||||
| Risk-Based Capital | 20.99% | 21.12% | 21.50% | 21.48% | 21.54% | +54 bps | |
| Net Worth / Assets | 20.99% | 21.12% | 21.50% | 21.48% | 21.54% | +54 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 56.14% | 69.39% | 74.17% | 77.47% | 80.15% | +2,400 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |