Sault Ste Marie, MI · Charter 61416
NCUA · 3 branches
Q4 2023
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 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.39% | 0.46% | 0.47% | 0.39% | 0.34% | 0.56% | 0.86% | 0.76% | +37 bps | |
| Return on Equity | 4.15% | 4.77% | 4.79% | 3.84% | 3.33% | 5.37% | 7.86% | 6.74% | +290 bps | |
| Net Interest Margin | 2.59% | 2.67% | 2.77% | 2.89% | 2.93% | 3.12% | 3.34% | 3.58% | +70 bps | |
| Efficiency Ratio | 88.77% | 88.53% | 88.80% | 89.90% | 92.34% | 88.09% | 82.34% | 84.24% | -566 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.04% | 3.89% | 2.53% | 0.33% | -2.66% | -1.76% | -2.16% | -2.71% | -304 bps | |
| Loan Growth (YoY) | 7.13% | 6.49% | 8.62% | 8.29% | 7.41% | 5.63% | 1.18% | -0.70% | -899 bps | |
| Share Growth (YoY) | 7.44% | 2.81% | 3.02% | 0.20% | -3.50% | -2.53% | -3.56% | -3.92% | -411 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.79% | 0.63% | 1.17% | 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 | n/a | n/a | n/a |
| Allowance / Loans | 1.36% | 1.35% | 1.23% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | -120 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.45% | 9.60% | 9.81% | 10.03% | 10.31% | 10.43% | 10.93% | 11.27% | +124 bps | |
| Net Worth / Assets | 9.45% | 9.60% | 9.81% | 10.03% | 10.31% | 10.43% | 10.93% | 11.27% | +124 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 47.32% | 49.78% | 52.32% | 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% | 0.00% | 0.00% | 0.00% | 0 bps | |