Morristown, TN · Charter 60527
NCUA · 3 branches
Q1 2024
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.17% | -0.08% | -0.15% | -0.22% | -0.73% | -55 bps | |
| Return on Equity | -2.41% | -1.16% | -2.17% | -3.12% | -10.90% | -850 bps | |
| Net Interest Margin | 3.41% | 3.43% | 3.29% | 3.32% | 2.82% | -60 bps | |
| Efficiency Ratio | 84.17% | 84.56% | 86.39% | 90.73% | 106.33% | +2,216 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1.10% | 1.59% | 3.08% | 0.36% | 2.99% | +189 bps | |
| Loan Growth (YoY) | -10.27% | -14.59% | -19.27% | -22.88% | -24.42% | -1,415 bps | |
| Share Growth (YoY) | 1.66% | 2.00% | 3.45% | 0.44% | 3.78% | +213 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.61% | 0.56% | 0.31% | 0.77% | 1.04% | +43 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.85% | 0.97% | 1.09% | 0.00% | 0.00% | -85 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.24% | 7.31% | 7.12% | 7.17% | 6.67% | -56 bps | |
| Net Worth / Assets | 7.24% | 7.31% | 7.12% | 7.17% | 6.67% | -56 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 63.43% | 60.73% | 55.83% | 52.86% | 46.19% | -1,724 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |