PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

S.A.H.E.

Oklahoma City, OK · Charter 16755

NCUA · 1 branch

Q1 2024

$6.9MAssets
$3.4MLoans
$5.5MShares
$1.4MNet 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 -1.24%, down 167 bps year over year; NIM at 4.96%.
  • Asset quality: problem loans at 0.89% of loans (+89 bps YoY).
  • Capital: net worth / assets of 20.06%, up 229 bps from a year ago.
  • Funding: loans stand at 61.63% of shares as of Q1 2024.

Financial Results

Return on Assets (YTD, annualized)

-1.24%-167 bps YoY

Net Interest Margin (YTD, annualized)

4.96%+11 bps YoY

Efficiency Ratio (YTD, annualized)

107.18%+1,477 bps YoY

Net Worth / Assets

20.06%+229 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2023Q2 2023Q3 2023Q4 2023Q1 2024YoY ΔTrend
Earnings
Return on Assets0.43%0.80%0.78%-0.31%-1.24%-167 bps
Return on Equity2.42%4.18%3.96%-1.51%-6.19%-861 bps
Net Interest Margin4.85%5.15%5.29%5.71%4.96%+11 bps
Efficiency Ratio92.40%86.64%87.35%104.23%107.18%+1,477 bps
Growth
Asset Growth (YoY)-11.16%-14.52%-15.25%-18.19%-14.61%-344 bps
Loan Growth (YoY)-7.91%-3.14%-7.82%-1.50%-1.27%+664 bps
Share Growth (YoY)-10.78%-17.39%-18.50%-21.77%-17.19%-641 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%1.53%0.00%0.89%+89 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.68%0.48%0.45%0.27%0.64%-5 bps
Capital
Risk-Based Capital17.76%19.22%19.79%20.28%20.06%+229 bps
Net Worth / Assets17.76%19.22%19.79%20.28%20.06%+229 bps
Liquidity & Funding
Loans / Shares51.69%57.49%57.42%63.54%61.63%+994 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps