East Detroit Schools
East Pointe, MI · Charter 60124 · Peer group: credit unions under $1B in assets in MI (n=65)
NCUA · 1 branch
Q2 2024
$11.2MAssets
$6.5MLoans
$10.7MShares
$693KNet Worth
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 71% of credit unions under $1B in assets in MI (rank 20 of 65).
- Widest gap: equity / assets trails 98% of credit unions under $1B in assets in MI (rank 64 of 65).
- Overall: at or above the peer median on 2 of 7 directional measures.
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 |