New Orleans, LA · Charter 22581
NCUA · 1 branch
Q3 2024
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| 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 | |