Simsboro, LA · Charter 20415
NCUA · 1 branch
Q1 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2024, the quarter ended March 31, 2024, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Simsboro, LA · Charter 20415
NCUA · 1 branch
Q1 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 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.84% | -0.65% | -0.68% | 0.02% | -0.70% | -0.93% | -1.36% | -9.01% | -902 bps | |
| Return on Equity | -5.72% | -4.39% | -4.52% | 0.10% | -4.31% | -5.71% | -9.06% | -61.78% | -6,188 bps | |
| Net Interest Margin | 3.29% | 3.48% | 3.66% | 3.68% | 4.87% | 4.92% | 4.64% | 5.05% | +136 bps | |
| Efficiency Ratio | 116.24% | 111.99% | 111.58% | 99.68% | 111.20% | 114.78% | 116.85% | 243% | +14,301 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.51% | -0.70% | -1.02% | -8.12% | -13.66% | -14.20% | -9.05% | -11.52% | -340 bps | |
| Loan Growth (YoY) | -3.19% | -1.37% | 2.07% | -1.70% | 3.42% | -16.14% | -26.72% | -26.70% | -2,499 bps | |
| Share Growth (YoY) | 3.09% | 0.73% | -4.19% | -10.38% | -14.80% | -15.92% | -5.65% | -8.90% | +148 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.44% | 0.12% | 2.44% | 0.21% | 0.20% | 0.72% | 2.66% | 3.02% | +281 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 | 0.50% | 0.48% | 0.46% | 0.37% | 0.37% | 0.44% | 1.38% | 1.05% | +68 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 14.61% | 14.75% | 14.93% | 16.24% | 16.31% | 16.29% | 15.05% | 14.58% | -165 bps | |
| Net Worth / Assets | 14.61% | 14.75% | 14.93% | 16.24% | 16.31% | 16.29% | 15.05% | 14.58% | -165 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 51.28% | 54.07% | 60.13% | 60.89% | 62.25% | 53.93% | 46.70% | 48.99% | -1,190 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |