Sault Ste Marie, MI · Charter 62105
NCUA · 1 branch
Q4 2023
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
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 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.93% | 1.76% | 2.00% | 2.07% | 1.99% | +107 bps | |
| Return on Equity | 10.93% | 20.13% | 22.08% | 20.93% | 19.03% | +811 bps | |
| Net Interest Margin | 2.89% | 3.41% | 3.47% | 3.72% | 3.97% | +107 bps | |
| Efficiency Ratio | 69.75% | 53.15% | 49.01% | 48.48% | 52.92% | -1,683 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 11.71% | 11.96% | 13.17% | 4.32% | 1.37% | -1,033 bps | |
| Loan Growth (YoY) | 2.52% | 1.62% | 1.54% | 0.22% | 3.36% | +83 bps | |
| Share Growth (YoY) | 11.03% | 11.34% | 11.83% | 1.82% | -1.86% | -1,290 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | -84 bps | |
| Capital | |||||||
| Risk-Based Capital | 8.49% | 8.77% | 9.07% | 9.89% | 10.48% | +199 bps | |
| Net Worth / Assets | 8.49% | 8.77% | 9.07% | 9.89% | 10.48% | +199 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 71.47% | 69.22% | 68.41% | 70.59% | 75.28% | +380 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |