Lansing, MI · Charter 61630
NCUA · 2 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 | 2.30% | 2.27% | 1.98% | 2.44% | 0.65% | -0.65% | -1.20% | -22.52% | -2,496 bps | |
| Return on Equity | 21.99% | 21.28% | 19.16% | 22.75% | 5.88% | -5.83% | -11.08% | n/a | n/a | |
| Net Interest Margin | 4.86% | 4.84% | 4.62% | 4.49% | 4.58% | 4.83% | 4.92% | 5.71% | +123 bps | |
| Efficiency Ratio | 63.07% | 62.58% | 65.46% | 60.09% | 77.53% | 80.08% | 81.59% | 265% | +20,501 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 29.46% | 25.90% | 24.42% | 19.44% | 17.24% | 7.98% | -2.10% | -22.72% | -4,215 bps | |
| Loan Growth (YoY) | 50.16% | 32.78% | 29.01% | 16.91% | 10.21% | -1.47% | -8.62% | -14.99% | -3,190 bps | |
| Share Growth (YoY) | 29.44% | 28.40% | 27.18% | 19.56% | 17.43% | 8.64% | -1.95% | -16.45% | -3,601 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.87% | 0.91% | 1.70% | 2.21% | 2.19% | 2.16% | 3.13% | 3.84% | +163 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 | 0.74% | 0.66% | 0.67% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | -75 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 10.44% | 10.67% | 10.34% | 10.72% | 11.06% | 11.10% | 10.81% | -8.56% | -1,929 bps | |
| Net Worth / Assets | 10.44% | 10.67% | 10.34% | 10.72% | 11.06% | 11.10% | 10.81% | -8.56% | -1,929 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 94.28% | 99.00% | 95.99% | 90.66% | 88.48% | 89.79% | 89.46% | 92.24% | +158 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |