Dearborn, MI · Charter 61184
NCUA · 2 branches
Q4 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2022, the quarter ended December 31, 2022, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Dearborn, MI · Charter 61184
NCUA · 2 branches
Q4 2022
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 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.15% | 0.21% | 0.35% | 0.28% | -0.06% | -0.13% | 0.00% | -4.25% | -453 bps | |
| Return on Equity | 1.96% | 2.69% | 4.35% | 3.42% | -0.73% | -1.60% | 0.03% | -87.39% | -9,081 bps | |
| Net Interest Margin | 2.98% | 2.99% | 3.11% | 3.08% | 3.06% | 3.25% | 3.50% | 3.74% | +65 bps | |
| Efficiency Ratio | 95.66% | 96.72% | 94.94% | 95.88% | 98.68% | 102.45% | 100.28% | 250% | +15,459 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.22% | 7.14% | 5.16% | 6.12% | -1.74% | -5.02% | -7.10% | -10.15% | -1,627 bps | |
| Loan Growth (YoY) | -14.43% | -14.32% | -14.23% | -12.59% | -7.69% | -2.00% | 3.08% | 71.35% | +8,394 bps | |
| Share Growth (YoY) | 21.04% | 7.32% | 5.56% | 6.83% | -0.29% | -3.08% | -4.53% | -7.29% | -1,412 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.59% | 0.54% | 0.49% | 0.62% | 0.52% | 0.64% | 0.60% | 0.25% | -37 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 | 1.08% | 0.94% | 0.84% | 0.75% | 0.73% | 0.69% | 0.67% | 1.20% | +45 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.67% | 7.86% | 8.14% | 8.19% | 8.03% | 8.39% | 8.78% | 4.86% | -332 bps | |
| Net Worth / Assets | 7.67% | 7.86% | 8.14% | 8.19% | 8.03% | 8.39% | 8.78% | 4.86% | -332 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 53.94% | 53.39% | 51.34% | 50.25% | 49.93% | 53.98% | 55.44% | 92.88% | +4,263 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |