Norfolk, VA · Charter 61576
NCUA · 3 branches
Q1 2023
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.11% | -0.06% | 0.03% | -0.41% | -0.46% | -0.42% | -0.06% | 0.46% | +87 bps | |
| Return on Equity | -0.97% | -0.52% | 0.30% | -3.76% | -4.19% | -3.94% | -0.52% | 3.91% | +766 bps | |
| Net Interest Margin | 1.58% | 1.38% | 1.48% | 1.23% | 1.71% | 1.47% | 1.82% | 2.64% | +141 bps | |
| Efficiency Ratio | 103.93% | 101.56% | 98.08% | 114.25% | 94.81% | 100.55% | 90.77% | 86.35% | -2,790 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.02% | 12.92% | 5.26% | 6.39% | 2.22% | 2.58% | -1.47% | -7.02% | -1,341 bps | |
| Loan Growth (YoY) | -4.41% | -2.45% | -6.64% | -6.57% | -11.04% | -10.67% | -8.06% | 1.12% | +770 bps | |
| Share Growth (YoY) | 16.26% | 14.77% | 6.04% | 7.13% | 2.76% | 3.01% | -1.78% | -7.87% | -1,501 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.00% | 0.08% | 0.14% | 1.28% | 1.12% | 0.03% | 0.07% | 0.02% | -126 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 | 0.37% | 0.44% | 0.41% | 0.25% | 1.48% | 0.39% | 0.48% | 0.48% | +23 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.35% | 11.22% | 11.45% | 10.80% | 10.97% | 10.75% | 11.64% | 11.86% | +105 bps | |
| Net Worth / Assets | 11.35% | 11.22% | 11.45% | 10.80% | 10.97% | 10.75% | 11.64% | 11.86% | +105 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 32.06% | 30.47% | 30.44% | 26.52% | 27.75% | 26.42% | 28.49% | 29.11% | +259 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |