Latrobe, PA · Charter 16209
NCUA · 1 branch
Q3 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2024, the quarter ended September 30, 2024, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Credit unions under $1B in assets (n=1,754 to 1,761). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
45
Asset Quality
78
Profitability
28
Liquidity
58
Efficiency
2
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Latrobe, PA · Charter 16209
NCUA · 1 branch
Q3 2024
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 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.14% | 0.03% | 0.10% | 0.08% | 0.03% | 0.06% | -2.82% | -1.29% | -137 bps | |
| Return on Equity | 1.36% | 0.32% | 0.90% | 0.70% | 0.24% | 0.51% | -25.61% | -10.83% | -1,152 bps | |
| Net Interest Margin | 2.87% | 2.87% | 3.05% | 3.20% | 3.34% | 3.34% | 3.89% | 4.24% | +104 bps | |
| Efficiency Ratio | 90.11% | 97.65% | 95.08% | 91.17% | 89.20% | 98.66% | 163.08% | 126.78% | +3,560 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.68% | -2.59% | -6.73% | -6.64% | -12.09% | -10.00% | -11.44% | -12.50% | -586 bps | |
| Loan Growth (YoY) | 3.86% | 18.23% | 32.92% | 17.83% | 12.90% | 3.23% | -0.73% | 5.32% | -1,250 bps | |
| Share Growth (YoY) | -3.19% | -6.52% | -7.40% | -5.37% | -7.71% | -8.05% | -11.65% | -12.87% | -750 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.88% | 0.51% | 0.46% | 0.64% | 0.38% | 0.27% | 0.39% | 0.22% | -42 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 | 10.19% | 10.51% | 11.03% | 11.31% | 11.62% | 11.71% | 11.02% | 11.92% | +61 bps | |
| Net Worth / Assets | 10.19% | 10.51% | 11.03% | 11.31% | 11.62% | 11.71% | 11.02% | 11.92% | +61 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 43.92% | 46.40% | 48.29% | 49.34% | 53.72% | 52.08% | 54.25% | 59.64% | +1,030 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Latrobe, PA · Charter 16209 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 1 branch
Q3 2024
Return on Assets
-1.29%
Rank 1,693 of 1,761
Net Interest Margin
4.24%
Rank 447 of 1,761
Efficiency Ratio
126.91%
Rank 1,717 of 1,754
Equity / Assets
11.92%
Rank 975 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -1.29% | 0.26% | 0.70% | 1.22% | Beats 4% | 1,693 / 1,761 | n/a | |
| Return on Equity | -10.82% | 2.09% | 5.52% | 9.08% | Beats 4% | 1,692 / 1,761 | n/a | |
| Net Interest Margin | 4.24% | 3.03% | 3.59% | 4.25% | Beats 75% | 447 / 1,761 | n/a | |
| Efficiency Ratio | 126.91% | 68.95% | 77.94% | 87.14% | Beats 2% | 1,717 / 1,754 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.22% | 0.26% | 0.65% | 1.27% | Beats 78% | 385 / 1,757 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 11.92% | 10.05% | 12.42% | 15.87% | Beats 45% | 974 / 1,761 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 11.92% | 10.05% | 12.42% | 15.87% | Beats 45% | 975 / 1,761 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 59.64% | 56.21% | 73.13% | 85.64% | 29th pctl | 1,247 / 1,759 | n/a | |
| Loans / Assets | 52.43% | 47.85% | 62.48% | 73.19% | 32nd pctl | 1,206 / 1,761 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||