Morton, MS · Charter 24273
NCUA · 2 branches
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
18
Profitability
33
Liquidity
70
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.
Morton, MS · Charter 24273
NCUA · 2 branches
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 | -4.73% | -10.19% | -5.79% | -3.46% | -3.68% | -13.98% | -9.69% | -8.35% | -489 bps | |
| Return on Equity | -50.61% | -91.76% | -49.94% | -29.30% | -30.28% | -160.64% | -130.71% | -118.70% | -8,940 bps | |
| Net Interest Margin | 3.71% | 8.12% | 7.18% | 6.48% | 6.92% | 5.81% | 5.66% | 6.28% | -20 bps | |
| Efficiency Ratio | 147.16% | 269% | 193.72% | 174.94% | 151.69% | 177.16% | 200% | 175.73% | +79 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -14.46% | -43.28% | -48.65% | -41.64% | -40.83% | -15.04% | -9.25% | -16.83% | +2,481 bps | |
| Loan Growth (YoY) | -4.78% | -3.54% | -9.39% | -15.35% | -13.79% | -3.86% | 4.53% | 4.96% | +2,031 bps | |
| Share Growth (YoY) | -20.57% | -43.45% | -50.40% | -43.44% | -36.78% | -12.87% | -7.28% | -12.29% | +3,116 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 3.12% | 2.51% | 2.69% | 3.89% | 4.91% | 0.11% | 2.17% | 1.61% | -228 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 | 3.52% | 3.76% | 2.76% | 1.17% | 2.01% | 3.51% | 3.38% | 3.43% | +226 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.35% | 11.11% | 11.60% | 11.82% | 12.14% | 8.70% | 7.41% | 7.04% | -478 bps | |
| Net Worth / Assets | 9.35% | 11.11% | 11.60% | 11.82% | 12.14% | 8.70% | 7.41% | 7.04% | -478 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 48.69% | 54.18% | 54.55% | 53.12% | 66.40% | 59.78% | 61.50% | 63.56% | +1,044 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Morton, MS · Charter 24273 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 2 branches
Q3 2024
Return on Assets
-8.39%
Rank 1,753 of 1,761
Net Interest Margin
6.24%
Rank 41 of 1,761
Efficiency Ratio
176.36%
Rank 1,741 of 1,754
Equity / Assets
7.04%
Rank 1,730 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -8.39% | 0.26% | 0.70% | 1.22% | Beats 0% | 1,753 / 1,761 | ||
| Return on Equity | -119.08% | 2.09% | 5.52% | 9.08% | Beats 1% | 1,752 / 1,761 | ||
| Net Interest Margin | 6.24% | 3.03% | 3.59% | 4.25% | Beats 98% | 41 / 1,761 | ||
| Efficiency Ratio | 176.36% | 68.95% | 77.94% | 87.14% | Beats 1% | 1,741 / 1,754 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 1.65% | 0.26% | 0.65% | 1.27% | Beats 18% | 1,445 / 1,757 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 7.04% | 10.05% | 12.42% | 15.87% | Beats 2% | 1,730 / 1,761 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 7.04% | 10.05% | 12.42% | 15.87% | Beats 2% | 1,730 / 1,761 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 63.56% | 56.21% | 73.13% | 85.64% | 35th pctl | 1,148 / 1,759 | ||
| Loans / Assets | 58.49% | 47.85% | 62.48% | 73.19% | 43rd pctl | 1,009 / 1,761 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||