PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Public Employees

Waterloo, IA · Charter 64390

NCUA · 2 branches

Q1 2025

$36.7MAssets
$12.2MLoans
$31.9MShares
$4.6MNet 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 0.19%, down 57 bps year over year; NIM at 1.69%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 12.64%, down 32 bps from a year ago.
  • Funding: loans stand at 38.33% of shares as of Q1 2025.

Financial Results

Return on Assets (quarter, annualized)

0.19%-57 bps YoY

Net Interest Margin (quarter, annualized)

1.69%+32 bps YoY

Efficiency Ratio (quarter, annualized)

89.44%+2,181 bps YoY

Net Worth / Assets

12.64%-32 bps YoY

Discrete quarter, annualized.

MetricQ1 2024Q2 2024Q3 2024Q4 2024Q1 2025YoY ΔTrend
Earnings
Return on Assets0.76%0.38%0.27%0.12%0.19%-57 bps
Return on Equity5.87%2.90%2.10%0.91%1.49%-438 bps
Net Interest Margin1.37%1.37%1.41%1.44%1.69%+32 bps
Efficiency Ratio67.63%80.66%85.24%93.52%89.44%+2,181 bps
Growth
Asset Growth (YoY)6.26%5.66%5.28%3.05%2.31%-395 bps
Loan Growth (YoY)-0.68%-2.67%0.12%-1.98%-4.17%-350 bps
Share Growth (YoY)6.94%6.54%5.92%3.28%2.53%-440 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital12.96%12.96%12.94%12.75%12.64%-32 bps
Net Worth / Assets12.96%12.96%12.94%12.75%12.64%-32 bps
Liquidity & Funding
Loans / Shares41.01%40.52%40.82%39.80%38.33%-268 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps