Grand Rapids, MI · Charter 62073
NCUA · 2 branches
Q1 2022
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.15% | -0.21% | -0.11% | -0.52% | -0.17% | 0.07% | 0.01% | -2.89% | -237 bps | |
| Return on Equity | -0.85% | -1.24% | -0.67% | -3.42% | -1.10% | 0.41% | 0.04% | -21.73% | -1,831 bps | |
| Net Interest Margin | 2.78% | 2.69% | 2.58% | 1.96% | 2.05% | 2.14% | 2.02% | 1.89% | -7 bps | |
| Efficiency Ratio | 101.08% | 104.07% | 101.75% | 119.67% | 106.16% | 97.76% | 99.41% | 210% | +9,005 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.61% | 13.89% | 16.04% | 23.60% | 10.10% | 9.17% | 9.78% | 0.08% | -2,352 bps | |
| Loan Growth (YoY) | -2.50% | 0.83% | -2.81% | -7.89% | -12.33% | -13.26% | -15.51% | -10.61% | -273 bps | |
| Share Growth (YoY) | 9.17% | 16.34% | 19.00% | 30.80% | 12.74% | 11.35% | 13.26% | 2.46% | -2,834 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.04% | 0.14% | 0.11% | 0.24% | 0.36% | 0.15% | 0.28% | 0.12% | -11 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 | 0.42% | 0.44% | 0.37% | 0.44% | 0.45% | 0.39% | 0.40% | 0.33% | -12 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 17.32% | 17.04% | 16.73% | 15.12% | 15.61% | 15.70% | 15.25% | 13.30% | -182 bps | |
| Net Worth / Assets | 17.32% | 17.04% | 16.73% | 15.12% | 15.61% | 15.70% | 15.25% | 13.30% | -182 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 46.10% | 46.07% | 43.08% | 36.39% | 35.85% | 35.88% | 32.14% | 31.74% | -464 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |