Erie Insurance Exchange
Erie, PA · Charter 63648 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 4 branches
Q3 2024
$132.9MAssets
$69.3MLoans
$122.7MShares
$11.3MNet Worth
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 65% of credit unions under $1B in assets (rank 609 of 1757).
- Widest gap: equity / assets trails 91% of credit unions under $1B in assets (rank 1600 of 1761).
- Overall: at or above the peer median on 1 of 7 directional measures.
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 | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.42% | 0.26% | 0.70% | 1.22% | Beats 33% | 1,178 / 1,761 | |
| Return on Equity | 4.92% | 2.09% | 5.52% | 9.08% | Beats 46% | 947 / 1,761 | |
| Net Interest Margin | 3.10% | 3.03% | 3.59% | 4.25% | Beats 28% | 1,266 / 1,761 | |
| Efficiency Ratio | 84.94% | 68.95% | 77.94% | 87.14% | Beats 31% | 1,206 / 1,754 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.38% | 0.26% | 0.65% | 1.27% | Beats 65% | 609 / 1,757 | |
| 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 | |
| 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 | |
| Liquidity & Funding |
| Loans / Deposits | 56.48% | 56.21% | 73.13% | 85.64% | 25th pctl | 1,314 / 1,759 | |
| Loans / Assets | 52.12% | 47.85% | 62.48% | 73.19% | 31st pctl | 1,215 / 1,761 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |