Detroit, MI · Charter 62324
NCUA · 1 branch
Q1 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2022, the quarter ended March 31, 2022, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Detroit, MI · Charter 62324
NCUA · 1 branch
Q1 2022
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 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.56% | 0.77% | 0.46% | -13.57% | -252% | -192.03% | -147.41% | -3.14% | +1,043 bps | |
| Return on Equity | 2.89% | 1.45% | 0.77% | -16.61% | -262% | -199.66% | -153.35% | -3.24% | +1,337 bps | |
| Net Interest Margin | 6.16% | 6.10% | 6.28% | -28.53% | -34.78% | -25.04% | -19.04% | 0.01% | +2,854 bps | |
| Efficiency Ratio | 52.19% | 64.94% | 67.99% | n/a | n/a | n/a | n/a | 30000% | n/a | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.05% | -0.51% | -8.26% | -35.77% | -75.81% | -77.86% | -75.23% | -65.35% | -2,958 bps | |
| Loan Growth (YoY) | -20.54% | -37.10% | -49.42% | -87.16% | -100.00% | -100.00% | -100.00% | -100.00% | -1,284 bps | |
| Share Growth (YoY) | -3.35% | -3.46% | -19.33% | -74.48% | -98.18% | -98.24% | -97.64% | -92.67% | -1,819 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 12.03% | 9.75% | 12.24% | 0.00% | n/a | n/a | n/a | n/a | n/a | |
| 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 | 13.63% | 15.36% | 21.24% | 13.90% | n/a | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Risk-Based Capital | 54.15% | 53.36% | 60.33% | 81.75% | 96.34% | 96.18% | 96.12% | 96.99% | +1,525 bps | |
| Net Worth / Assets | 54.15% | 53.36% | 60.33% | 81.75% | 96.34% | 96.18% | 96.12% | 96.99% | +1,525 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 119.76% | 102.89% | 104.04% | 73.11% | 0.00% | 0.00% | 0.00% | 0.00% | -7,311 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |