PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Elm River

Page, ND · Charter 64444

NCUA · 2 branches

Q4 2021

$33.8MAssets
$18.5MLoans
$29.5MShares
$4.2MNet 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 0.92%, up 29 bps year over year; NIM at 2.23%.
  • Asset quality: problem loans at 0.28% of loans (+28 bps YoY).
  • Capital: net worth / assets of 12.52%, down 303 bps from a year ago.
  • Funding: loans stand at 62.70% of shares as of Q4 2021.

Financial Results

Return on Assets (YTD, annualized)

0.92%+29 bps YoY

Net Interest Margin (YTD, annualized)

2.23%-60 bps YoY

Efficiency Ratio (YTD, annualized)

72.01%-858 bps YoY

Net Worth / Assets

12.52%-303 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets0.64%0.94%1.84%1.36%0.92%+29 bps
Return on Equity4.09%6.42%12.66%9.98%7.36%+327 bps
Net Interest Margin2.84%2.21%2.18%2.10%2.23%-60 bps
Efficiency Ratio80.58%70.70%54.01%59.42%72.01%-858 bps
Growth
Asset Growth (YoY)12.11%19.26%20.81%27.62%18.89%+678 bps
Loan Growth (YoY)-8.38%-8.49%-2.84%3.97%6.81%+1,519 bps
Share Growth (YoY)13.79%22.11%23.66%32.02%23.66%+987 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.77%0.10%0.28%+28 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.79%0.84%0.77%0.73%0.72%-7 bps
Capital
Risk-Based Capital15.54%14.58%14.55%13.67%12.52%-303 bps
Net Worth / Assets15.54%14.58%14.55%13.67%12.52%-303 bps
Liquidity & Funding
Loans / Shares72.59%62.24%64.11%61.67%62.70%-989 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps