PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Lincoln Usda

Lincoln, NE · Charter 3491

NCUA · 2 branches

Q3 2022

$6.1MAssets
$2.5MLoans
$5.4MShares
$683KNet 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 -1.35%, down 106 bps year over year; NIM at 2.06%.
  • Asset quality: problem loans at 0.00% of loans (-15 bps YoY).
  • Capital: net worth / assets of 11.21%, up 9 bps from a year ago.
  • Funding: loans stand at 45.49% of shares as of Q3 2022.

Financial Results

Return on Assets (YTD, annualized)

-1.35%-106 bps YoY

Net Interest Margin (YTD, annualized)

2.06%-11 bps YoY

Efficiency Ratio (YTD, annualized)

155.22%+4,376 bps YoY

Net Worth / Assets

11.21%+9 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets-0.29%-0.15%0.11%-1.29%-1.35%-106 bps
Return on Equity-2.58%-1.41%1.01%-12.23%-12.01%-943 bps
Net Interest Margin2.17%2.06%1.87%1.83%2.06%-11 bps
Efficiency Ratio111.46%105.73%94.76%159.60%155.22%+4,376 bps
Growth
Asset Growth (YoY)12.61%11.60%-0.04%1.36%-8.55%-2,116 bps
Loan Growth (YoY)-6.09%-12.77%-8.99%-7.84%-10.87%-479 bps
Share Growth (YoY)14.89%13.43%0.14%2.32%-8.60%-2,349 bps
Asset Quality
Delinquent Loans / Loans0.15%0.16%0.00%0.00%0.00%-15 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.51%0.59%0.58%0.60%0.61%+11 bps
Capital
Risk-Based Capital11.11%10.70%11.36%10.55%11.21%+9 bps
Net Worth / Assets11.11%10.70%11.36%10.55%11.21%+9 bps
Liquidity & Funding
Loans / Shares46.65%40.95%44.52%42.26%45.49%-116 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps