Minot, ND · Charter 3660
NCUA · 1 branch
Q4 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2021, the quarter ended December 31, 2021, 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.
Minot, ND · Charter 3660
NCUA · 1 branch
Q4 2021
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 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.45% | 0.47% | 0.50% | 0.47% | 0.42% | -3 bps | |
| Return on Equity | 5.43% | 5.79% | 6.13% | 5.63% | 5.23% | -21 bps | |
| Net Interest Margin | 2.30% | 2.14% | 2.16% | 2.18% | 2.10% | -20 bps | |
| Efficiency Ratio | 82.59% | 82.99% | 82.10% | 83.57% | 86.63% | +404 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 15.96% | 19.78% | 11.80% | 9.70% | 9.78% | -618 bps | |
| Loan Growth (YoY) | 10.99% | 11.85% | 20.50% | 16.89% | 11.01% | +2 bps | |
| Share Growth (YoY) | 17.01% | 21.19% | 12.36% | 10.08% | 10.17% | -683 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.10% | 0.41% | 0.39% | 0.35% | 0.02% | -108 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.18% | 1.20% | 1.13% | 1.07% | 0.89% | -29 bps | |
| Capital | |||||||
| Risk-Based Capital | 8.34% | 8.03% | 8.18% | 8.25% | 8.02% | -32 bps | |
| Net Worth / Assets | 8.34% | 8.03% | 8.18% | 8.25% | 8.02% | -32 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 44.26% | 42.48% | 45.68% | 48.41% | 44.60% | +34 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |