PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Providence Health System

Portland, OR · Charter 19522

NCUA · 3 branches

Q4 2024

$152.7MAssets
$97.6MLoans
$136.9MShares
$12.2MNet 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 -3.89%, down 365 bps year over year; NIM at 3.81%.
  • Asset quality: problem loans at 0.76% of loans (+25 bps YoY).
  • Capital: net worth / assets of 8.02%, down 258 bps from a year ago.
  • Funding: loans stand at 71.31% of shares as of Q4 2024.

Financial Results

Return on Assets (YTD, annualized)

-3.89%-365 bps YoY

Net Interest Margin (YTD, annualized)

3.81%+60 bps YoY

Efficiency Ratio (YTD, annualized)

167.30%+7,350 bps YoY

Net Worth / Assets

8.02%-258 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2023Q1 2024Q2 2024Q3 2024Q4 2024YoY ΔTrend
Earnings
Return on Assets-0.24%-1.74%-1.08%-1.12%-3.89%-365 bps
Return on Equity-2.27%-17.37%-10.35%-10.60%-48.53%-4,625 bps
Net Interest Margin3.21%3.03%3.17%3.48%3.81%+60 bps
Efficiency Ratio93.80%125.16%108.72%100.80%167.30%+7,350 bps
Growth
Asset Growth (YoY)-3.21%-3.07%-6.78%-8.99%-11.39%-818 bps
Loan Growth (YoY)-2.87%-5.81%-7.67%-8.74%-9.12%-626 bps
Share Growth (YoY)-3.11%-2.05%-6.54%-5.82%-7.27%-415 bps
Asset Quality
Delinquent Loans / Loans0.51%0.42%0.79%0.73%0.76%+25 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 Capital10.60%10.02%10.45%10.52%8.02%-258 bps
Net Worth / Assets10.60%10.02%10.45%10.52%8.02%-258 bps
Liquidity & Funding
Loans / Shares72.77%68.36%70.62%69.58%71.31%-146 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps