Richmond, VA · Charter 24616
NCUA · 2 branches
Q3 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2022, the quarter ended September 30, 2022, 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.
Richmond, VA · Charter 24616
NCUA · 2 branches
Q3 2022
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 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.68% | -0.93% | -0.96% | 0.04% | 1.19% | 0.22% | 0.94% | 0.86% | +82 bps | |
| Return on Equity | 4.43% | -6.26% | -6.84% | 0.28% | 7.52% | 1.15% | 4.75% | 4.17% | +389 bps | |
| Net Interest Margin | 3.74% | 2.35% | 2.10% | 2.40% | 2.80% | 2.53% | 2.67% | 2.88% | +48 bps | |
| Efficiency Ratio | 62.88% | 103.80% | 107.00% | 73.05% | 72.50% | 91.85% | 73.01% | 75.48% | +244 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -16.51% | -15.62% | -9.77% | 2.87% | 4.71% | -14.67% | -19.25% | -21.76% | -2,463 bps | |
| Loan Growth (YoY) | -36.46% | -42.27% | -34.50% | -19.69% | -24.55% | -26.08% | -22.01% | -38.84% | -1,915 bps | |
| Share Growth (YoY) | -19.45% | -17.83% | -10.85% | 3.37% | 4.10% | -18.99% | -24.76% | -27.37% | -3,074 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 10.34% | 15.84% | 12.13% | 11.11% | 0.00% | 0.00% | 0.00% | 0.00% | -1,111 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 | 6.15% | 8.20% | 9.37% | 9.56% | 6.49% | 7.68% | 7.37% | 8.60% | -96 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 15.30% | 14.84% | 14.00% | 14.48% | 15.80% | 19.16% | 19.86% | 20.61% | +613 bps | |
| Net Worth / Assets | 15.30% | 14.84% | 14.00% | 14.48% | 15.80% | 19.16% | 19.86% | 20.61% | +613 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 27.40% | 23.16% | 21.76% | 23.85% | 19.86% | 21.13% | 22.56% | 20.08% | -377 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |