New Orleans, LA · Charter 22581
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
0
Asset Quality
3
Profitability
32
Liquidity
19
Efficiency
1
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.
New Orleans, LA · Charter 22581
NCUA · 1 branch
Q3 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 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -4.10% | 0.28% | -0.71% | -0.78% | -0.07% | -1.11% | -13.98% | -10.02% | -924 bps | |
| Return on Equity | -55.46% | 4.15% | -10.58% | -12.31% | -0.90% | -14.53% | -1705% | -2241% | -222,869 bps | |
| Net Interest Margin | 4.75% | 5.52% | 5.64% | 5.21% | 6.46% | 5.03% | 6.04% | 5.86% | +65 bps | |
| Efficiency Ratio | 129.13% | 95.05% | 112.13% | 114.41% | 97.93% | 120.74% | 323% | 212% | +9,724 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -14.42% | -16.38% | -18.32% | -7.97% | -5.24% | -14.48% | -10.52% | -14.23% | -627 bps | |
| Loan Growth (YoY) | -5.61% | 9.37% | 0.80% | 11.73% | 1.08% | -9.61% | -15.40% | -24.71% | -3,644 bps | |
| Share Growth (YoY) | -12.09% | -15.09% | -17.10% | -7.78% | -5.61% | -15.16% | -4.89% | -8.87% | -109 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 14.15% | 9.93% | 11.77% | 11.38% | 7.71% | 7.57% | 0.00% | 5.65% | -572 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 | 4.06% | 3.78% | 5.40% | 6.16% | 1.31% | 1.69% | 2.12% | 2.96% | -320 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.39% | 6.87% | 6.68% | 6.31% | 7.75% | 7.62% | 0.82% | 0.45% | -586 bps | |
| Net Worth / Assets | 7.39% | 6.87% | 6.68% | 6.31% | 7.75% | 7.62% | 0.82% | 0.45% | -586 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 59.41% | 59.70% | 59.23% | 57.30% | 63.61% | 63.60% | 52.69% | 47.34% | -996 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
New Orleans, LA · Charter 22581 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 1 branch
Q3 2024
Return on Assets
-10.10%
Rank 1,756 of 1,761
Net Interest Margin
5.88%
Rank 63 of 1,761
Efficiency Ratio
212%
Rank 1,746 of 1,754
Equity / Assets
0.41%
Rank 1,761 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -10.10% | 0.26% | 0.70% | 1.22% | Beats 0% | 1,756 / 1,761 | ||
| Return on Equity | -2444% | 2.09% | 5.52% | 9.08% | Beats 0% | 1,761 / 1,761 | ||
| Net Interest Margin | 5.88% | 3.03% | 3.59% | 4.25% | Beats 96% | 63 / 1,761 | ||
| Efficiency Ratio | 212% | 68.95% | 77.94% | 87.14% | Beats 1% | 1,746 / 1,754 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 5.56% | 0.26% | 0.65% | 1.27% | Beats 3% | 1,710 / 1,757 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 0.45% | 10.05% | 12.42% | 15.87% | Beats 0% | 1,761 / 1,761 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 0.41% | 10.05% | 12.42% | 15.87% | Beats 0% | 1,761 / 1,761 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 47.34% | 56.21% | 73.13% | 85.64% | 15th pctl | 1,497 / 1,759 | ||
| Loans / Assets | 47.11% | 47.85% | 62.48% | 73.19% | 24th pctl | 1,337 / 1,761 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||