Nett Lake, MN · Charter 24852
NCUA · 2 branches
Q4 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2019, the quarter ended December 31, 2019, 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.
Nett Lake, MN · Charter 24852
NCUA · 2 branches
Q4 2019
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
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 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -2.04% | -61.80% | -16.26% | -3.43% | -3.62% | -158 bps | |
| Return on Equity | -10.99% | -442% | -185.95% | -26.38% | -25.28% | -1,429 bps | |
| Net Interest Margin | 6.07% | -15.48% | 6.73% | 6.43% | 7.37% | +130 bps | |
| Efficiency Ratio | 102.42% | n/a | 118.74% | 102.20% | 103.08% | +66 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -6.95% | -14.57% | -17.21% | -9.75% | -17.03% | -1,008 bps | |
| Loan Growth (YoY) | -13.28% | 7.90% | 6.65% | 10.05% | 7.31% | +2,059 bps | |
| Share Growth (YoY) | -0.22% | -6.19% | -4.64% | -1.43% | -5.63% | -541 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 4.73% | 4.76% | 0.96% | 3.19% | 5.33% | +60 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.20% | 0.47% | 7.70% | 6.18% | 3.54% | +334 bps | |
| Capital | |||||||
| Risk-Based Capital | 18.57% | 13.97% | 8.74% | 13.00% | 14.32% | -425 bps | |
| Net Worth / Assets | 18.57% | 13.97% | 8.74% | 13.00% | 14.32% | -425 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 72.23% | 73.74% | 76.27% | 71.38% | 82.13% | +990 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |