Muskegon, MI · Charter 61455
NCUA · 2 branches
Q1 2021
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.25% | -1.02% | -0.82% | 0.18% | 0.12% | 0.08% | 0.27% | -0.26% | -44 bps | |
| Return on Equity | -8.32% | -6.65% | -5.44% | 1.19% | 0.85% | 0.55% | 1.88% | -1.90% | -309 bps | |
| Net Interest Margin | 2.67% | 2.79% | 2.80% | 2.87% | 2.68% | 2.70% | 2.74% | 2.79% | -8 bps | |
| Efficiency Ratio | 125.34% | 120.81% | 115.04% | 94.04% | 93.14% | 95.77% | 91.71% | 110.11% | +1,606 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.84% | -1.49% | -2.42% | -1.73% | 7.11% | 10.25% | 9.20% | 9.41% | +1,114 bps | |
| Loan Growth (YoY) | -0.74% | 3.61% | 7.53% | 13.82% | 12.81% | 11.12% | 4.65% | -1.91% | -1,573 bps | |
| Share Growth (YoY) | -3.22% | -0.76% | -1.94% | -1.19% | 8.64% | 11.92% | 10.39% | 10.66% | +1,185 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.86% | 0.94% | 0.90% | 0.91% | 0.86% | 0.45% | 0.48% | 0.35% | -56 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 | 0.39% | 0.30% | 0.34% | 0.36% | 0.41% | 0.40% | 0.37% | 0.33% | -2 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 15.00% | 15.30% | 15.15% | 14.82% | 13.89% | 13.88% | 14.14% | 13.70% | -112 bps | |
| Net Worth / Assets | 15.00% | 15.30% | 15.15% | 14.82% | 13.89% | 13.88% | 14.14% | 13.70% | -112 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 63.12% | 66.81% | 68.38% | 68.76% | 65.54% | 66.34% | 64.82% | 60.95% | -781 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |