Glen Burnie, MD · Charter 20719
NCUA · 1 branch
Q3 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2024, the quarter ended September 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=1,754 to 1,761). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
2
Asset Quality
35
Profitability
20
Liquidity
0
Efficiency
13
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.
Glen Burnie, MD · Charter 20719
NCUA · 1 branch
Q3 2024
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
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 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.15% | -0.87% | -0.57% | -0.68% | -0.83% | -68 bps | |
| Return on Equity | -1.89% | -11.62% | -8.19% | -8.54% | -11.31% | -943 bps | |
| Net Interest Margin | 2.89% | 3.06% | 3.23% | 3.79% | 3.61% | +73 bps | |
| Efficiency Ratio | 97.98% | 99.14% | 112.12% | 97.08% | 94.08% | -390 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -8.34% | -11.73% | -8.86% | -17.40% | -11.13% | -280 bps | |
| Loan Growth (YoY) | -5.06% | -9.92% | -16.52% | -24.46% | -29.04% | -2,397 bps | |
| Share Growth (YoY) | -8.68% | -10.58% | -8.82% | -17.74% | -10.44% | -176 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.89% | 1.77% | 2.35% | 2.58% | 0.96% | -94 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.83% | 7.46% | 6.95% | 7.94% | 7.30% | -53 bps | |
| Net Worth / Assets | 7.83% | 7.46% | 6.95% | 7.94% | 7.30% | -53 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 50.99% | 50.33% | 44.76% | 47.74% | 40.41% | -1,059 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Glen Burnie, MD · Charter 20719 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 1 branch
Q3 2024
Return on Assets
-0.82%
Rank 1,669 of 1,761
Net Interest Margin
3.61%
Rank 871 of 1,761
Efficiency Ratio
94.17%
Rank 1,522 of 1,754
Equity / Assets
7.30%
Rank 1,723 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.82% | 0.26% | 0.70% | 1.22% | Beats 5% | 1,669 / 1,761 | |
| Return on Equity | -11.21% | 2.09% | 5.52% | 9.08% | Beats 4% | 1,695 / 1,761 | |
| Net Interest Margin | 3.61% | 3.03% | 3.59% | 4.25% | Beats 51% | 871 / 1,761 | |
| Efficiency Ratio | 94.17% | 68.95% | 77.94% | 87.14% | Beats 13% | 1,522 / 1,754 | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.94% | 0.26% | 0.65% | 1.27% | Beats 35% | 1,139 / 1,757 | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | |||||
| Capital | |||||||
| Tier 1 Capital Ratio | 7.30% | 10.05% | 12.42% | 15.87% | Beats 2% | 1,723 / 1,761 | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | |||||
| Equity / Assets | 7.30% | 10.05% | 12.42% | 15.87% | Beats 2% | 1,723 / 1,761 | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 40.41% | 56.21% | 73.13% | 85.64% | 10th pctl | 1,591 / 1,759 | |
| Loans / Assets | 37.36% | 47.85% | 62.48% | 73.19% | 12th pctl | 1,544 / 1,761 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | |||||