Raleigh, NC · Charter 24898
NCUA · 1 branch
Q2 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 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.23% | 1.22% | 1.81% | 1.48% | 1.13% | 0.81% | 0.37% | -0.21% | -168 bps | |
| Return on Equity | 16.81% | 15.26% | 19.96% | 15.81% | 13.82% | 10.11% | 4.73% | -2.61% | -1,841 bps | |
| Net Interest Margin | 1.96% | 2.12% | 2.96% | 2.81% | 2.28% | 2.28% | 2.31% | 2.63% | -18 bps | |
| Efficiency Ratio | 47.72% | 49.21% | 46.94% | 49.57% | 52.78% | 55.75% | 73.93% | 68.93% | +1,935 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 36.48% | 21.44% | 3.17% | -2.51% | 3.33% | 11.26% | 23.85% | 19.46% | +2,197 bps | |
| Loan Growth (YoY) | 83.28% | 33.93% | 10.84% | -6.12% | -10.57% | -1.00% | 14.46% | 21.24% | +2,736 bps | |
| Share Growth (YoY) | 24.35% | 16.62% | 3.78% | -0.23% | 13.66% | 16.85% | 23.75% | 24.03% | +2,426 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.04% | 0.05% | 0.05% | 0.26% | 0.29% | 0.63% | 1.05% | 0.78% | +52 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 | 0.40% | 0.47% | 0.57% | 0.67% | 0.00% | 0.00% | 0.00% | 0.00% | -67 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.32% | 7.98% | 9.07% | 9.35% | 8.16% | 7.98% | 7.83% | 7.87% | -148 bps | |
| Net Worth / Assets | 7.32% | 7.98% | 9.07% | 9.35% | 8.16% | 7.98% | 7.83% | 7.87% | -148 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 110.38% | 108.28% | 93.07% | 101.75% | 86.86% | 91.74% | 86.09% | 99.46% | -229 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 99.47% | 0.00% | 0.00% | 0.00% | 0.00% | -9,947 bps | |