PackageTrendsPeer
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Engineers

Little Rock, AR · Charter 24440

NCUA · 2 branches

Q3 2022

$2.0MAssets
$1.5MLoans
$1.6MShares
$368KNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of 0.10%, down 24 bps year over year; NIM at 2.92%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 18.27%, up 114 bps from a year ago.
  • Funding: loans stand at 92.77% of shares as of Q3 2022.

Financial Results

Return on Assets (quarter, annualized)

0.10%-24 bps YoY

Net Interest Margin (quarter, annualized)

2.92%+28 bps YoY

Efficiency Ratio (quarter, annualized)

97.08%+632 bps YoY

Net Worth / Assets

18.27%+114 bps YoY

Discrete quarter, annualized.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets0.34%0.03%0.55%0.07%0.10%-24 bps
Return on Equity1.97%0.19%2.99%0.35%0.55%-142 bps
Net Interest Margin2.64%2.57%2.68%2.90%2.92%+28 bps
Efficiency Ratio90.76%99.04%84.53%98.16%97.08%+632 bps
Growth
Asset Growth (YoY)2.00%5.14%-6.04%-8.38%-7.08%-908 bps
Loan Growth (YoY)-16.95%-8.38%-0.75%12.46%23.59%+4,054 bps
Share Growth (YoY)2.19%6.17%-7.37%-10.07%-8.36%-1,054 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.67%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.04%0.04%0.04%0.04%0.03%-1 bps
Capital
Risk-Based Capital17.13%16.54%18.36%18.63%18.27%+114 bps
Net Worth / Assets17.13%16.54%18.36%18.63%18.27%+114 bps
Liquidity & Funding
Loans / Shares68.79%68.57%78.97%89.64%92.77%+2,398 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps