Bangor, ME · Charter 17472
NCUA · 1 branch
Q2 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2024, the quarter ended June 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=1,748 to 1,753). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
4
Asset Quality
21
Profitability
36
Liquidity
20
Efficiency
10
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.
Bangor, ME · Charter 17472
NCUA · 1 branch
Q2 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 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.17% | 0.10% | -0.07% | 0.13% | 0.13% | 0.00% | -0.49% | -0.35% | -48 bps | |
| Return on Equity | -2.47% | 1.39% | -1.01% | 1.65% | 1.68% | 0.05% | -6.44% | -4.53% | -618 bps | |
| Net Interest Margin | 4.35% | 4.62% | 5.03% | 5.08% | 4.96% | 4.92% | 4.68% | 4.95% | -13 bps | |
| Efficiency Ratio | 97.84% | 92.53% | 101.23% | 97.97% | 97.89% | 95.83% | 106.54% | 99.26% | +129 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.70% | -1.76% | -6.32% | -8.79% | -9.45% | -5.13% | -2.71% | -5.75% | +304 bps | |
| Loan Growth (YoY) | 6.10% | 13.00% | 5.56% | -1.51% | -8.66% | -11.12% | -11.19% | -11.54% | -1,002 bps | |
| Share Growth (YoY) | 2.16% | -2.36% | -6.19% | -11.07% | -9.73% | -4.42% | -3.12% | -6.21% | +485 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.90% | 0.82% | 0.88% | 1.01% | 2.97% | 2.38% | 1.28% | 1.41% | +40 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 | 0.30% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 6.69% | 7.20% | 7.40% | 7.74% | 7.73% | 7.31% | 7.55% | 7.68% | -6 bps | |
| Net Worth / Assets | 6.69% | 7.20% | 7.40% | 7.74% | 7.73% | 7.31% | 7.55% | 7.68% | -6 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 92.84% | 99.50% | 96.93% | 96.54% | 93.94% | 92.53% | 88.85% | 91.06% | -548 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Bangor, ME · Charter 17472 · Peer group: credit unions under $1B in assets (n=1,748-1,753)
NCUA · 1 branch
Q2 2024
Return on Assets
-0.35%
Rank 1,583 of 1,753
Net Interest Margin
4.95%
Rank 168 of 1,752
Efficiency Ratio
99.20%
Rank 1,574 of 1,748
Equity / Assets
7.68%
Rank 1,683 of 1,752
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -0.35% | 0.23% | 0.68% | 1.19% | Beats 10% | 1,583 / 1,753 | n/a | |
| Return on Equity | -4.57% | 1.80% | 5.29% | 9.05% | Beats 7% | 1,620 / 1,750 | n/a | |
| Net Interest Margin | 4.95% | 2.98% | 3.54% | 4.20% | Beats 90% | 168 / 1,752 | n/a | |
| Efficiency Ratio | 99.20% | 69.58% | 78.86% | 88.33% | Beats 10% | 1,574 / 1,748 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 1.41% | 0.22% | 0.59% | 1.20% | Beats 21% | 1,390 / 1,748 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 7.68% | 9.91% | 12.21% | 15.57% | Beats 4% | 1,684 / 1,753 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 7.68% | 9.91% | 12.21% | 15.57% | Beats 4% | 1,683 / 1,752 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 91.06% | 55.88% | 73.01% | 86.61% | 83rd pctl | 295 / 1,750 | n/a | |
| Loans / Assets | 84.21% | 48.21% | 62.51% | 73.23% | 95th pctl | 84 / 1,752 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||