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Latrobe Area Hospital

Latrobe, PA · Charter 16209

NCUA · 1 branch

Q3 2024

$9.7MAssets
$5.1MLoans
$8.5MShares
$1.2MNet 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 -1.29%, down 137 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 0.22% of loans (-42 bps YoY).
  • Capital: net worth / assets of 11.92%, up 61 bps from a year ago.
  • Funding: loans stand at 59.64% of shares as of Q3 2024.

Financial Results

Return on Assets (quarter, annualized)

-1.29%-137 bps YoY

Net Interest Margin (quarter, annualized)

4.24%+104 bps YoY

Efficiency Ratio (quarter, annualized)

126.78%+3,560 bps YoY

Net Worth / Assets

11.92%+61 bps YoY

Discrete quarter, annualized.

MetricQ3 2023Q4 2023Q1 2024Q2 2024Q3 2024YoY ΔTrend
Earnings
Return on Assets0.08%0.03%0.06%-2.82%-1.29%-137 bps
Return on Equity0.70%0.24%0.51%-25.61%-10.83%-1,152 bps
Net Interest Margin3.20%3.34%3.34%3.89%4.24%+104 bps
Efficiency Ratio91.17%89.20%98.66%163.08%126.78%+3,560 bps
Growth
Asset Growth (YoY)-6.64%-12.09%-10.00%-11.44%-12.50%-586 bps
Loan Growth (YoY)17.83%12.90%3.23%-0.73%5.32%-1,250 bps
Share Growth (YoY)-5.37%-7.71%-8.05%-11.65%-12.87%-750 bps
Asset Quality
Delinquent Loans / Loans0.64%0.38%0.27%0.39%0.22%-42 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital11.31%11.62%11.71%11.02%11.92%+61 bps
Net Worth / Assets11.31%11.62%11.71%11.02%11.92%+61 bps
Liquidity & Funding
Loans / Shares49.34%53.72%52.08%54.25%59.64%+1,030 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps