Coon Rapids, MN · Charter 60148
NCUA · 5 branches
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 (n=1,748 to 1,753). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
12
Asset Quality
77
Profitability
21
Liquidity
76
Efficiency
15
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.
Coon Rapids, MN · Charter 60148
NCUA · 5 branches
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 | 0.52% | 0.52% | 0.43% | 0.49% | 0.61% | 0.60% | 0.02% | 0.06% | -42 bps | |
| Return on Equity | 6.88% | 6.72% | 5.43% | 5.83% | 7.14% | 6.78% | 0.20% | 0.72% | -511 bps | |
| Net Interest Margin | 2.24% | 2.41% | 3.00% | 3.07% | 3.02% | 3.07% | 2.94% | 3.01% | -6 bps | |
| Efficiency Ratio | 84.07% | 83.10% | 86.91% | 85.96% | 83.82% | 84.34% | 93.67% | 94.07% | +811 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.47% | 5.53% | 3.10% | -2.45% | -4.26% | -5.12% | -3.19% | -0.11% | +234 bps | |
| Loan Growth (YoY) | 11.87% | 14.65% | 15.49% | 16.83% | 18.47% | 16.59% | 11.13% | 11.45% | -539 bps | |
| Share Growth (YoY) | 9.75% | 5.45% | 2.80% | -3.39% | -5.30% | -6.38% | -4.19% | -0.79% | +259 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.08% | 0.09% | 0.41% | 0.39% | 0.46% | 0.61% | 0.27% | 0.20% | -19 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 | 0.46% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.63% | 7.80% | 7.90% | 8.36% | 8.56% | 8.82% | 8.64% | 8.75% | +39 bps | |
| Net Worth / Assets | 7.63% | 7.80% | 7.90% | 8.36% | 8.56% | 8.82% | 8.64% | 8.75% | +39 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 48.94% | 51.43% | 53.41% | 58.13% | 61.22% | 64.05% | 61.95% | 65.31% | +717 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Coon Rapids, MN · Charter 60148 · Peer group: credit unions under $1B in assets (n=1,748-1,753)
NCUA · 5 branches
Q2 2024
Return on Assets
0.06%
Rank 1,434 of 1,753
Net Interest Margin
3.01%
Rank 1,288 of 1,752
Efficiency Ratio
94.09%
Rank 1,490 of 1,748
Equity / Assets
8.75%
Rank 1,542 of 1,752
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.06% | 0.23% | 0.68% | 1.19% | Beats 18% | 1,434 / 1,753 | n/a | |
| Return on Equity | 0.72% | 1.80% | 5.29% | 9.05% | Beats 19% | 1,423 / 1,750 | n/a | |
| Net Interest Margin | 3.01% | 2.98% | 3.54% | 4.20% | Beats 26% | 1,288 / 1,752 | n/a | |
| Efficiency Ratio | 94.09% | 69.58% | 78.86% | 88.33% | Beats 15% | 1,490 / 1,748 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.20% | 0.22% | 0.59% | 1.20% | Beats 77% | 409 / 1,748 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 8.75% | 9.91% | 12.21% | 15.57% | Beats 12% | 1,543 / 1,753 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 8.75% | 9.91% | 12.21% | 15.57% | Beats 12% | 1,542 / 1,752 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 65.31% | 55.88% | 73.01% | 86.61% | 37th pctl | 1,106 / 1,750 | n/a | |
| Loans / Assets | 58.96% | 48.21% | 62.51% | 73.23% | 42nd pctl | 1,010 / 1,752 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||