PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Multi-Products

Wyoming, MI · Charter 62243

NCUA · 6 branches

Q1 2025

$195.0MAssets
$122.3MLoans
$177.7MShares
$19.9MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of -0.74%, down 86 bps year over year; NIM at 4.27%.
  • Asset quality: problem loans at 1.32% of loans (+13 bps YoY).
  • Capital: net worth / assets of 10.18%, up 18 bps from a year ago.
  • Funding: loans stand at 68.83% of shares as of Q1 2025.

Financial Results

Return on Assets (quarter, annualized)

-0.74%-86 bps YoY

Net Interest Margin (quarter, annualized)

4.27%-5 bps YoY

Efficiency Ratio (quarter, annualized)

73.41%-1,347 bps YoY

Net Worth / Assets

10.18%+18 bps YoY

Discrete quarter, annualized.

MetricQ1 2024Q2 2024Q3 2024Q4 2024Q1 2025YoY ΔTrend
Earnings
Return on Assets0.12%0.27%0.35%0.38%-0.74%-86 bps
Return on Equity1.21%2.67%3.35%3.65%-7.30%-851 bps
Net Interest Margin4.32%4.32%4.47%4.48%4.27%-5 bps
Efficiency Ratio86.88%86.72%85.67%85.86%73.41%-1,347 bps
Growth
Asset Growth (YoY)1.19%3.07%3.17%1.77%-0.15%-135 bps
Loan Growth (YoY)1.54%0.44%-0.90%0.01%-2.91%-445 bps
Share Growth (YoY)-0.61%3.77%1.49%1.27%0.62%+123 bps
Asset Quality
Delinquent Loans / Loans1.18%1.60%1.45%1.83%1.32%+13 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital10.01%9.98%10.34%10.42%10.18%+18 bps
Net Worth / Assets10.01%9.98%10.34%10.42%10.18%+18 bps
Liquidity & Funding
Loans / Shares71.34%70.25%72.37%72.07%68.83%-250 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps