Philadelphia, PA · Charter 24104
NCUA · 2 branches
Q3 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2023, the quarter ended September 30, 2023, 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.
Philadelphia, PA · Charter 24104
NCUA · 2 branches
Q3 2023
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 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.83% | 0.46% | 0.69% | 0.52% | 0.61% | 0.68% | 0.56% | 0.54% | +2 bps | |
| Return on Equity | 8.52% | 4.56% | 6.42% | 4.75% | 5.35% | 5.93% | 4.62% | 4.01% | -73 bps | |
| Net Interest Margin | 2.69% | 2.78% | 3.01% | 3.21% | 3.55% | 4.71% | 4.89% | 5.40% | +219 bps | |
| Efficiency Ratio | 84.49% | 92.49% | 87.19% | 86.71% | 84.91% | 91.65% | 88.86% | 91.11% | +441 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.52% | -5.12% | -5.70% | -6.07% | -9.39% | -5.91% | -6.47% | -15.13% | -906 bps | |
| Loan Growth (YoY) | 19.80% | 7.69% | -4.23% | -5.45% | -0.30% | 14.52% | -13.71% | 0.11% | +557 bps | |
| Share Growth (YoY) | 6.06% | -6.37% | -7.26% | -7.28% | -10.98% | -7.22% | -7.75% | -17.59% | -1,030 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.25% | 1.00% | 2.41% | 2.81% | 3.58% | 0.91% | 1.37% | 2.83% | +2 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 | 4.49% | 4.66% | 3.83% | 4.29% | 4.33% | 2.35% | 2.97% | 3.11% | -118 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.71% | 10.11% | 10.79% | 10.88% | 11.32% | 11.39% | 12.07% | 13.47% | +259 bps | |
| Net Worth / Assets | 9.71% | 10.11% | 10.79% | 10.88% | 11.32% | 11.39% | 12.07% | 13.47% | +259 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 28.45% | 22.42% | 30.23% | 25.96% | 31.86% | 27.68% | 28.28% | 31.53% | +558 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |