PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Hudson Heritage

Newburgh, NY · Charter 3962

NCUA · 14 branches

Q4 2019

$436.0MAssets
$362.7MLoans
$381.5MShares
$38.8MNet 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 0.08%, down 34 bps year over year; NIM at 3.81%.
  • Asset quality: problem loans at 0.75% of loans (-20 bps YoY).
  • Capital: net worth / assets of 8.91%, down 65 bps from a year ago.
  • Funding: loans stand at 95.07% of shares as of Q4 2019.

Financial Results

Return on Assets (YTD, annualized)

0.08%-34 bps YoY

Net Interest Margin (YTD, annualized)

3.81%-18 bps YoY

Efficiency Ratio (YTD, annualized)

87.15%+648 bps YoY

Net Worth / Assets

8.91%-65 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2018Q1 2019Q2 2019Q3 2019Q4 2019YoY ΔTrend
Earnings
Return on Assets0.42%0.04%0.03%0.09%0.08%-34 bps
Return on Equity4.42%0.48%0.34%1.01%0.94%-348 bps
Net Interest Margin3.99%3.86%3.80%3.92%3.81%-18 bps
Efficiency Ratio80.67%86.89%85.84%86.46%87.15%+648 bps
Growth
Asset Growth (YoY)3.38%5.63%6.64%6.61%8.27%+489 bps
Loan Growth (YoY)6.52%6.34%7.54%5.62%2.17%-435 bps
Share Growth (YoY)2.48%3.55%5.33%8.03%8.49%+601 bps
Asset Quality
Delinquent Loans / Loans0.95%0.84%0.79%0.64%0.75%-20 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.04%1.00%1.00%0.98%0.95%-9 bps
Capital
Risk-Based Capital9.56%9.15%8.89%9.13%8.91%-65 bps
Net Worth / Assets9.56%9.15%8.89%9.13%8.91%-65 bps
Liquidity & Funding
Loans / Shares100.95%96.34%93.58%95.86%95.07%-588 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps