PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

S.C.F.E.

Portsmouth, OH · Charter 63340

NCUA · 1 branch

Q3 2024

$1.4MAssets
$900KLoans
$1.2MShares
$170KNet 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 0.87%, up 16 bps year over year; NIM at 4.35%.
  • Asset quality: problem loans at 0.00% of loans (-54 bps YoY).
  • Capital: net worth / assets of 12.39%, up 61 bps from a year ago.
  • Funding: loans stand at 75.08% of shares as of Q3 2024.

Financial Results

Return on Assets (quarter, annualized)

0.87%+16 bps YoY

Net Interest Margin (quarter, annualized)

4.35%-55 bps YoY

Efficiency Ratio (quarter, annualized)

74.40%-191 bps YoY

Net Worth / Assets

12.39%+61 bps YoY

Discrete quarter, annualized.

MetricQ3 2023Q4 2023Q1 2024Q2 2024Q3 2024YoY ΔTrend
Earnings
Return on Assets0.71%0.72%0.72%0.81%0.87%+16 bps
Return on Equity6.05%6.04%6.11%6.76%7.06%+101 bps
Net Interest Margin4.90%4.79%4.34%4.33%4.35%-55 bps
Efficiency Ratio76.32%75.98%73.73%72.73%74.40%-191 bps
Growth
Asset Growth (YoY)-5.44%-4.09%-2.75%2.13%1.96%+740 bps
Loan Growth (YoY)-3.45%-6.36%-6.77%-5.80%-10.62%-717 bps
Share Growth (YoY)-6.93%-5.35%-3.80%1.45%1.34%+827 bps
Asset Quality
Delinquent Loans / Loans0.54%1.82%0.00%0.00%0.00%-54 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.49%1.67%0.87%0.99%1.11%-38 bps
Capital
Risk-Based Capital11.78%11.90%11.84%12.04%12.39%+61 bps
Net Worth / Assets11.78%11.90%11.84%12.04%12.39%+61 bps
Liquidity & Funding
Loans / Shares85.13%83.12%80.68%83.08%75.08%-1,005 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps