Sault Ste Marie, MI · Charter 61416
NCUA · 3 branches
Q4 2023
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 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.39% | 0.34% | 0.56% | 0.86% | 0.76% | +37 bps | |
| Return on Equity | 3.84% | 3.33% | 5.37% | 7.86% | 6.74% | +290 bps | |
| Net Interest Margin | 2.89% | 2.93% | 3.12% | 3.34% | 3.58% | +70 bps | |
| Efficiency Ratio | 89.90% | 92.34% | 88.09% | 82.34% | 84.24% | -566 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 0.33% | -2.66% | -1.76% | -2.16% | -2.71% | -304 bps | |
| Loan Growth (YoY) | 8.29% | 7.41% | 5.63% | 1.18% | -0.70% | -899 bps | |
| Share Growth (YoY) | 0.20% | -3.50% | -2.53% | -3.56% | -3.92% | -411 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 2.53% | 1.29% | 0.89% | 0.96% | 1.60% | -93 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | -120 bps | |
| Capital | |||||||
| Risk-Based Capital | 10.03% | 10.31% | 10.43% | 10.93% | 11.27% | +124 bps | |
| Net Worth / Assets | 10.03% | 10.31% | 10.43% | 10.93% | 11.27% | +124 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 53.97% | 52.67% | 53.95% | 54.89% | 55.78% | +181 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |