Pittsburgh, PA · Charter 61035
NCUA · 3 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 in PA (n=128 to 129). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
71
Asset Quality
1
Profitability
2
Liquidity
2
Efficiency
2
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.
Pittsburgh, PA · Charter 61035
NCUA · 3 branches
Q2 2024
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
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 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.85% | -2.24% | -2.44% | -3.78% | -4.89% | -304 bps | |
| Return on Equity | -12.13% | -14.12% | -15.71% | -25.25% | -31.72% | -1,959 bps | |
| Net Interest Margin | 2.10% | 2.19% | 2.16% | 1.55% | 1.71% | -39 bps | |
| Efficiency Ratio | 181.78% | 194.43% | 235% | 261% | 326% | +14,427 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -11.56% | -16.16% | -18.90% | -15.21% | -23.12% | -1,156 bps | |
| Loan Growth (YoY) | -0.91% | 2.84% | -9.30% | -7.73% | -13.11% | -1,220 bps | |
| Share Growth (YoY) | -10.99% | -16.04% | -20.99% | -16.92% | -25.35% | -1,436 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.00% | 1.02% | 0.41% | 1.70% | 6.85% | +685 bps | |
| Net Charge-Offs / Loans | 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 bps | |
| Capital | |||||||
| Risk-Based Capital | 15.24% | 15.87% | 15.55% | 14.97% | 15.42% | +18 bps | |
| Net Worth / Assets | 15.24% | 15.87% | 15.55% | 14.97% | 15.42% | +18 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 28.59% | 29.74% | 31.58% | 30.18% | 33.28% | +469 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Pittsburgh, PA · Charter 61035 · Peer group: credit unions under $1B in assets in PA (n=128-129)
NCUA · 3 branches
Q2 2024
Return on Assets
-4.87%
Rank 126 of 129
Net Interest Margin
1.67%
Rank 125 of 129
Efficiency Ratio
331%
Rank 127 of 129
Equity / Assets
15.41%
Rank 37 of 129
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -4.87% | 0.21% | 0.71% | 1.26% | Beats 2% | 126 / 129 | |
| Return on Equity | -31.60% | 1.65% | 4.68% | 9.11% | Beats 2% | 126 / 129 | |
| Net Interest Margin | 1.67% | 2.76% | 3.35% | 3.89% | Beats 3% | 125 / 129 | |
| Efficiency Ratio | 331% | 66.14% | 78.55% | 87.47% | Beats 2% | 127 / 129 | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 6.83% | 0.20% | 0.58% | 1.00% | Beats 1% | 128 / 128 | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | |||||
| Capital | |||||||
| Tier 1 Capital Ratio | 15.42% | 9.79% | 11.98% | 16.58% | Beats 71% | 37 / 129 | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | |||||
| Equity / Assets | 15.41% | 9.79% | 11.98% | 16.58% | Beats 71% | 37 / 129 | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 33.28% | 39.90% | 55.55% | 72.50% | 10th pctl | 115 / 128 | |
| Loans / Assets | 27.65% | 34.26% | 48.46% | 63.78% | 12th pctl | 113 / 129 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | |||||