Fargo, ND · Charter 61390
NCUA · 1 branch
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.
Fargo, ND · Charter 61390
NCUA · 1 branch
Q4 2022
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 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.14% | 0.12% | 0.18% | 0.40% | 0.43% | +30 bps | |
| Return on Equity | 1.53% | 1.33% | 2.07% | 4.29% | 4.65% | +312 bps | |
| Net Interest Margin | 1.93% | 1.84% | 1.86% | 2.04% | 2.17% | +25 bps | |
| Efficiency Ratio | 92.55% | 94.21% | 91.46% | 83.59% | 83.12% | -943 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 9.16% | 2.45% | 7.18% | 2.78% | 1.71% | -745 bps | |
| Loan Growth (YoY) | 2.82% | 9.09% | 10.39% | 12.01% | 12.52% | +970 bps | |
| Share Growth (YoY) | 9.99% | 2.61% | 7.40% | 2.77% | 1.32% | -867 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.02% | 0.04% | 0.05% | 0.08% | 0.11% | +9 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.15% | 2.05% | 1.99% | 1.94% | 0.00% | -215 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.07% | 9.08% | 8.93% | 9.31% | 9.35% | +28 bps | |
| Net Worth / Assets | 9.07% | 9.08% | 8.93% | 9.31% | 9.35% | +28 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 41.80% | 43.78% | 44.23% | 46.39% | 46.42% | +462 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |