PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Life

Nashville, TN · Charter 24932

NCUA

Q1 2022

$43.1MAssets
$26.7MLoans
$40.4MShares
$2.5MNet 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 -2.64%; NIM at 2.75%.
  • Asset quality: problem loans at 0.13% of loans.
  • Capital: net worth / assets of 5.78%.
  • Funding: loans stand at 66.12% of shares as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

-2.64%

Net Interest Margin (YTD, annualized)

2.75%

Efficiency Ratio (YTD, annualized)

160.90%

Net Worth / Assets

5.78%

Year to date, annualized, through each quarter.

MetricQ4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets-0.25%-2.64%n/a
Return on Equity-2.76%-45.61%n/a
Net Interest Margin2.83%2.75%n/a
Efficiency Ratio105.10%160.90%n/a
Growth
Asset Growth (YoY)n/an/an/an/a
Loan Growth (YoY)n/an/an/an/a
Share Growth (YoY)n/an/an/an/a
Asset Quality
Delinquent Loans / Loans0.43%0.13%n/a
Net Charge-Offs / Loansn/an/an/an/a
Allowance / Loans0.78%0.63%n/a
Capital
Risk-Based Capital9.02%5.78%n/a
Net Worth / Assets9.02%5.78%n/a
Liquidity & Funding
Loans / Shares70.33%66.12%n/a
Liquid Assets / Assets0.00%98.80%n/a