East Pointe, MI · Charter 60124
NCUA · 1 branch
Q2 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2024, the quarter ended June 30, 2024, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Credit unions under $1B in assets in MI (n=65). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
2
Asset Quality
71
Profitability
23
Liquidity
81
Efficiency
6
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
East Pointe, MI · Charter 60124
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 | 0.51% | 0.21% | -0.13% | 0.29% | 0.26% | 0.14% | -0.38% | -0.63% | -92 bps | |
| Return on Equity | 7.96% | 3.40% | -2.19% | 4.60% | 3.87% | 2.20% | -6.22% | -10.11% | -1,471 bps | |
| Net Interest Margin | 2.85% | 2.92% | 2.95% | 3.09% | 3.30% | 3.28% | 3.47% | 3.70% | +61 bps | |
| Efficiency Ratio | 95.89% | 99.76% | 103.29% | 97.74% | 98.31% | 99.94% | 110.62% | 106.72% | +898 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.31% | -4.79% | -2.66% | -0.61% | -2.37% | 0.48% | 0.30% | -1.96% | -134 bps | |
| Loan Growth (YoY) | 14.20% | 16.77% | 21.88% | 17.35% | 7.05% | 0.18% | -5.14% | -2.31% | -1,966 bps | |
| Share Growth (YoY) | -1.66% | -5.02% | -0.91% | 0.50% | -2.56% | 1.79% | 0.80% | -3.48% | -398 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.93% | 1.04% | 0.00% | 0.03% | 0.17% | 0.21% | 0.15% | 0.38% | +35 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 | 0.33% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 6.42% | 6.31% | 6.12% | 6.29% | 6.59% | 6.33% | 6.09% | 6.21% | -9 bps | |
| Net Worth / Assets | 6.42% | 6.31% | 6.12% | 6.29% | 6.59% | 6.33% | 6.09% | 6.21% | -9 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 55.98% | 61.80% | 60.93% | 60.61% | 61.51% | 60.82% | 57.34% | 61.34% | +73 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
East Pointe, MI · Charter 60124 · Peer group: credit unions under $1B in assets in MI (n=65)
NCUA · 1 branch
Q2 2024
Return on Assets
-0.63%
Rank 62 of 65
Net Interest Margin
3.71%
Rank 25 of 65
Efficiency Ratio
106.47%
Rank 62 of 65
Equity / Assets
6.21%
Rank 64 of 65
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -0.63% | 0.21% | 0.69% | 1.26% | Beats 5% | 62 / 65 | n/a | |
| Return on Equity | -10.10% | 2.29% | 5.26% | 9.58% | Beats 3% | 63 / 65 | n/a | |
| Net Interest Margin | 3.71% | 2.86% | 3.35% | 4.05% | Beats 62% | 25 / 65 | n/a | |
| Efficiency Ratio | 106.47% | 67.68% | 76.91% | 90.23% | Beats 6% | 62 / 65 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.38% | 0.35% | 0.61% | 0.88% | Beats 71% | 20 / 65 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 6.21% | 9.53% | 10.97% | 13.34% | Beats 2% | 64 / 65 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 6.21% | 9.53% | 10.97% | 13.34% | Beats 2% | 64 / 65 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 61.34% | 55.09% | 65.79% | 73.20% | 38th pctl | 40 / 65 | n/a | |
| Loans / Assets | 58.68% | 47.61% | 57.76% | 66.21% | 51st pctl | 32 / 65 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||