Tuscaloosa, AL · Charter 64464
NCUA · 1 branch
Q4 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2023, the quarter ended December 31, 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.
Tuscaloosa, AL · Charter 64464
NCUA · 1 branch
Q4 2023
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 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.51% | 0.90% | 0.54% | -0.52% | -0.22% | -0.80% | -2.51% | -1.97% | -146 bps | |
| Return on Equity | 7.78% | 12.87% | 8.05% | -9.14% | -4.00% | -13.17% | -65.36% | -53.11% | -4,397 bps | |
| Net Interest Margin | 3.73% | 3.98% | 3.80% | 3.62% | 3.45% | 3.24% | 3.34% | 3.31% | -31 bps | |
| Efficiency Ratio | 86.09% | 84.89% | 89.33% | 110.64% | 100.67% | 119.13% | 148.96% | 138.38% | +2,774 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.05% | 0.41% | 8.86% | 8.53% | 3.54% | 5.40% | -2.29% | -2.56% | -1,109 bps | |
| Loan Growth (YoY) | -2.74% | 2.25% | 9.43% | 11.97% | 9.99% | 6.81% | 3.25% | 1.35% | -1,062 bps | |
| Share Growth (YoY) | 6.92% | -0.11% | 8.48% | 9.24% | -0.23% | 3.32% | -11.27% | -28.37% | -3,761 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.75% | 0.90% | 1.68% | 0.76% | 0.60% | 1.35% | 0.43% | 2.41% | +165 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 | 1.51% | 1.23% | 1.07% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | -71 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 6.54% | 7.01% | 6.65% | 5.65% | 5.62% | 6.06% | 3.84% | 3.72% | -194 bps | |
| Net Worth / Assets | 6.54% | 7.01% | 6.65% | 5.65% | 5.62% | 6.06% | 3.84% | 3.72% | -194 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 56.91% | 61.22% | 59.98% | 59.89% | 62.74% | 63.28% | 69.79% | 84.74% | +2,485 bps | |
| Liquid Assets / Assets | 99.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |