Sioux City, IA · Charter 63494
NCUA · 1 branch
Q2 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2023, the quarter ended June 30, 2023, 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.
Sioux City, IA · Charter 63494
NCUA · 1 branch
Q2 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 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.13% | 0.17% | 0.21% | 0.44% | 0.29% | +43 bps | |
| Return on Equity | -2.01% | 2.51% | 3.00% | 6.34% | 4.04% | +605 bps | |
| Net Interest Margin | 1.64% | 1.68% | 1.83% | 2.05% | 2.13% | +48 bps | |
| Efficiency Ratio | 97.15% | 86.31% | 85.83% | 82.14% | 86.09% | -1,106 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 9.64% | 8.75% | 4.75% | 0.72% | -3.20% | -1,284 bps | |
| Loan Growth (YoY) | 3.57% | 6.13% | 6.94% | 5.39% | 3.97% | +40 bps | |
| Share Growth (YoY) | 10.61% | 9.05% | 4.91% | 0.40% | -3.95% | -1,457 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.19% | 0.12% | 0.14% | 0.29% | 0.08% | -11 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.64% | 0.58% | 0.63% | 0.00% | 0.00% | -64 bps | |
| Capital | |||||||
| Risk-Based Capital | 6.61% | 6.59% | 6.90% | 6.96% | 7.25% | +64 bps | |
| Net Worth / Assets | 6.61% | 6.59% | 6.90% | 6.96% | 7.25% | +64 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 27.92% | 28.49% | 29.86% | 28.62% | 30.23% | +230 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |