Erie, PA · Charter 63648
NCUA · 4 branches
Q3 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2024, the quarter ended September 30, 2024, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Credit unions under $1B in assets (n=1,754 to 1,761). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
9
Asset Quality
65
Profitability
36
Liquidity
48
Efficiency
31
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Erie, PA · Charter 63648
NCUA · 4 branches
Q3 2024
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 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.21% | 0.38% | 0.50% | 0.54% | 0.53% | 0.23% | 0.36% | 0.42% | -12 bps | |
| Return on Equity | 2.92% | 5.22% | 6.61% | 6.60% | 6.43% | 2.81% | 4.32% | 4.92% | -168 bps | |
| Net Interest Margin | 2.61% | 2.73% | 2.89% | 3.08% | 3.09% | 2.97% | 3.03% | 3.10% | +2 bps | |
| Efficiency Ratio | 85.82% | 84.08% | 80.17% | 80.08% | 82.18% | 87.93% | 86.28% | 84.93% | +485 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.08% | -1.53% | -0.05% | -6.62% | -6.29% | -4.56% | -4.35% | -0.66% | +596 bps | |
| Loan Growth (YoY) | 24.16% | 21.82% | 8.51% | 4.97% | 0.16% | -0.29% | 0.77% | -1.15% | -611 bps | |
| Share Growth (YoY) | 2.87% | 0.54% | 0.89% | -7.37% | -8.04% | -6.31% | -5.54% | -2.88% | +448 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.31% | 0.44% | 0.38% | 0.71% | 0.51% | 0.63% | 0.47% | 0.38% | -33 bps | |
| 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 | 0.56% | 0.62% | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.28% | 7.27% | 7.54% | 8.11% | 8.27% | 8.07% | 8.25% | 8.54% | +43 bps | |
| Net Worth / Assets | 7.28% | 7.27% | 7.54% | 8.11% | 8.27% | 8.07% | 8.25% | 8.54% | +43 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 53.18% | 51.53% | 52.02% | 55.49% | 57.92% | 54.84% | 55.49% | 56.48% | +99 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Erie, PA · Charter 63648 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 4 branches
Q3 2024
Return on Assets
0.42%
Rank 1,178 of 1,761
Net Interest Margin
3.10%
Rank 1,266 of 1,761
Efficiency Ratio
84.94%
Rank 1,206 of 1,754
Equity / Assets
8.54%
Rank 1,600 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.42% | 0.26% | 0.70% | 1.22% | Beats 33% | 1,178 / 1,761 | n/a | |
| Return on Equity | 4.92% | 2.09% | 5.52% | 9.08% | Beats 46% | 947 / 1,761 | n/a | |
| Net Interest Margin | 3.10% | 3.03% | 3.59% | 4.25% | Beats 28% | 1,266 / 1,761 | n/a | |
| Efficiency Ratio | 84.94% | 68.95% | 77.94% | 87.14% | Beats 31% | 1,206 / 1,754 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.38% | 0.26% | 0.65% | 1.27% | Beats 65% | 609 / 1,757 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 8.54% | 10.05% | 12.42% | 15.87% | Beats 9% | 1,600 / 1,761 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 8.54% | 10.05% | 12.42% | 15.87% | Beats 9% | 1,600 / 1,761 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 56.48% | 56.21% | 73.13% | 85.64% | 25th pctl | 1,314 / 1,759 | n/a | |
| Loans / Assets | 52.12% | 47.85% | 62.48% | 73.19% | 31st pctl | 1,215 / 1,761 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||