PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Electra Central

Portland, OR · Charter 62659

NCUA · 10 branches

Q3 2024

$1.9BAssets
$1.3BLoans
$1.6BShares
$220.5MNet Worth

Executive Summary

  • Earnings: ROA of 0.19%, down 4 bps year over year; NIM at 3.32%.
  • Asset quality: problem loans at 0.74% of loans (+14 bps YoY).
  • Capital: net worth / assets of 11.61%, up 77 bps from a year ago.
  • Funding: loans stand at 79.88% of shares as of Q3 2024.

Return on Assets (YTD, annualized)

0.19%-4 bps YoY

Net Interest Margin (YTD, annualized)

3.32%+24 bps YoY

Efficiency Ratio (YTD, annualized)

82.13%-279 bps YoY

Net Worth / Assets

11.61%+77 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024YoY ΔTrend
Earnings
Return on Assets0.56%0.11%0.30%0.23%0.20%0.26%0.11%0.19%-4 bps
Return on Equity5.18%1.10%2.81%2.10%1.80%2.35%0.98%1.60%-50 bps
Net Interest Margin2.85%2.88%3.02%3.08%3.17%2.93%3.21%3.32%+24 bps
Efficiency Ratio79.18%85.73%84.54%84.92%84.13%80.85%82.51%82.13%-279 bps
Growth
Asset Growth (YoY)0.02%3.18%0.68%1.44%-1.30%-4.15%-4.96%-5.32%-676 bps
Loan Growth (YoY)12.33%6.52%-5.04%-11.80%-10.63%-8.47%-4.87%-2.32%+948 bps
Share Growth (YoY)-2.15%2.12%-0.58%-0.47%1.76%-1.80%-2.48%-2.79%-232 bps
Asset Quality
Delinquent Loans / Loans0.45%0.27%0.38%0.60%0.65%0.58%0.57%0.74%+14 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.97%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital10.80%10.38%10.72%10.83%11.14%11.06%11.38%11.61%+77 bps
Net Worth / Assets10.80%10.38%10.72%10.83%11.14%11.06%11.38%11.61%+77 bps
Liquidity & Funding
Loans / Shares89.09%81.22%80.18%79.50%78.24%75.70%78.21%79.88%+38 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps