Lansing, MI · Charter 60920
NCUA · 5 branches
Q4 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2024, the quarter ended December 31, 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=59). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
5
Asset Quality
25
Profitability
14
Liquidity
98
Efficiency
3
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.
Lansing, MI · Charter 60920
NCUA · 5 branches
Q4 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 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.19% | 0.25% | 0.03% | 0.01% | -0.54% | -0.35% | -0.40% | -0.59% | -60 bps | |
| Return on Equity | 2.15% | 2.85% | 0.33% | 0.16% | -6.25% | -3.90% | -4.48% | -6.75% | -692 bps | |
| Net Interest Margin | 2.69% | 2.71% | 2.80% | 2.86% | 3.06% | 3.21% | 3.25% | 3.31% | +44 bps | |
| Efficiency Ratio | 92.12% | 92.24% | 94.84% | 94.86% | 104.05% | 99.48% | 99.09% | 99.89% | +503 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.29% | 8.64% | 6.06% | 2.89% | -1.90% | -6.61% | -5.04% | -5.56% | -845 bps | |
| Loan Growth (YoY) | 11.34% | 11.36% | 7.99% | 4.74% | 0.11% | -0.40% | -4.05% | -6.28% | -1,102 bps | |
| Share Growth (YoY) | 6.39% | 8.61% | 5.58% | 1.22% | -1.55% | -4.95% | -6.53% | -3.84% | -506 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.48% | 0.47% | 0.41% | 0.78% | 0.57% | 0.92% | 1.12% | 1.13% | +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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 8.67% | 8.65% | 8.70% | 8.75% | 8.67% | 8.97% | 8.85% | 8.68% | -7 bps | |
| Net Worth / Assets | 8.67% | 8.65% | 8.70% | 8.75% | 8.67% | 8.97% | 8.85% | 8.68% | -7 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 63.01% | 63.50% | 65.31% | 67.14% | 64.07% | 66.55% | 67.05% | 65.44% | -170 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Lansing, MI · Charter 60920 · Peer group: credit unions under $1B in assets in MI (n=59)
NCUA · 5 branches
Q4 2024
Return on Assets
-0.59%
Rank 59 of 59
Net Interest Margin
3.31%
Rank 34 of 59
Efficiency Ratio
99.89%
Rank 58 of 59
Equity / Assets
8.68%
Rank 56 of 59
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -0.59% | 0.37% | 0.80% | 1.32% | Beats 0% | 59 / 59 | ||
| Return on Equity | -6.75% | 3.32% | 6.77% | 11.54% | Beats 0% | 59 / 59 | ||
| Net Interest Margin | 3.31% | 2.97% | 3.43% | 4.14% | Beats 42% | 34 / 59 | ||
| Efficiency Ratio | 99.89% | 66.87% | 76.47% | 83.41% | Beats 3% | 58 / 59 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 1.13% | 0.37% | 0.67% | 1.13% | Beats 25% | 45 / 59 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 8.68% | 9.63% | 11.49% | 13.72% | Beats 5% | 56 / 59 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 8.68% | 9.63% | 11.49% | 13.72% | Beats 5% | 56 / 59 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 65.44% | 55.68% | 64.99% | 74.67% | 53rd pctl | 28 / 59 | ||
| Loans / Assets | 59.43% | 47.39% | 58.31% | 67.00% | 58th pctl | 25 / 59 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||