Lackawanna, NY · Charter 17891
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 in NY (n=118). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
5
Asset Quality
100
Profitability
13
Liquidity
31
Efficiency
5
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.
Lackawanna, NY · Charter 17891
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 | 0.02% | 0.09% | -0.22% | 0.03% | 0.18% | 0.27% | 0.60% | -0.92% | -95 bps | |
| Return on Equity | 0.26% | 1.13% | -2.83% | 0.38% | 2.25% | 3.21% | 7.36% | -12.08% | -1,246 bps | |
| Net Interest Margin | 1.78% | 2.03% | 2.34% | 2.55% | 2.69% | 2.87% | 3.04% | 3.13% | +58 bps | |
| Efficiency Ratio | 92.85% | 92.47% | 93.35% | 92.59% | 90.58% | 89.12% | 82.83% | 123.30% | +3,071 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.15% | -1.11% | -1.62% | -4.50% | -4.60% | -5.68% | -1.65% | 0.10% | +460 bps | |
| Loan Growth (YoY) | -4.19% | -1.21% | -0.97% | 14.82% | 27.28% | 34.81% | 38.70% | 24.97% | +1,015 bps | |
| Share Growth (YoY) | 0.31% | -0.97% | -1.37% | -4.88% | -5.10% | -6.52% | -2.52% | 0.19% | +507 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.06% | 0.03% | 0.03% | 0.03% | 0.02% | 0.01% | 0.01% | 0.01% | -3 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 | 0.53% | 0.24% | 0.54% | 0.49% | 0.43% | 0.43% | 0.47% | 0.46% | -3 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.43% | 7.66% | 7.60% | 7.80% | 8.00% | 8.39% | 8.19% | 7.58% | -22 bps | |
| Net Worth / Assets | 7.43% | 7.66% | 7.60% | 7.80% | 8.00% | 8.39% | 8.19% | 7.58% | -22 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 28.13% | 28.74% | 28.76% | 33.21% | 37.73% | 41.45% | 40.91% | 41.43% | +821 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Lackawanna, NY · Charter 17891 · Peer group: credit unions under $1B in assets in NY (n=118)
NCUA · 1 branch
Q2 2024
Return on Assets
-0.92%
Rank 114 of 118
Net Interest Margin
3.12%
Rank 75 of 118
Efficiency Ratio
123.40%
Rank 113 of 118
Equity / Assets
7.57%
Rank 112 of 118
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -0.92% | 0.29% | 0.72% | 1.20% | Beats 3% | 114 / 118 | n/a | |
| Return on Equity | -12.15% | 2.45% | 6.37% | 9.88% | Beats 1% | 117 / 118 | n/a | |
| Net Interest Margin | 3.12% | 2.94% | 3.41% | 4.08% | Beats 36% | 75 / 118 | n/a | |
| Efficiency Ratio | 123.40% | 67.85% | 78.90% | 88.11% | Beats 5% | 113 / 118 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.00% | 0.22% | 0.62% | 1.24% | Beats 100% | 13 / 118 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 7.58% | 9.33% | 11.37% | 13.62% | Beats 5% | 112 / 118 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 7.57% | 9.33% | 11.37% | 13.62% | Beats 5% | 112 / 118 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 41.43% | 47.48% | 63.74% | 83.37% | 19th pctl | 96 / 118 | n/a | |
| Loans / Assets | 38.14% | 40.20% | 54.83% | 71.23% | 22nd pctl | 92 / 118 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||