Rockford, IL · Charter 65955
NCUA · 2 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
62
Asset Quality
74
Profitability
31
Liquidity
0
Efficiency
9
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.
Rockford, IL · Charter 65955
NCUA · 2 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 | 0.01% | -0.15% | -0.03% | 0.03% | -0.25% | 0.05% | 0.29% | 0.06% | +3 bps | |
| Return on Equity | 0.13% | -1.26% | -0.22% | 0.26% | -1.92% | 0.37% | 2.20% | 0.45% | +19 bps | |
| Net Interest Margin | 2.50% | 2.73% | 2.88% | 3.08% | 3.22% | 3.42% | 3.62% | 3.83% | +75 bps | |
| Efficiency Ratio | 99.57% | 104.18% | 100.71% | 99.19% | 100.40% | 98.34% | 93.74% | 98.72% | -47 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -9.38% | -13.79% | -7.22% | -10.48% | -11.01% | -7.62% | -8.16% | -9.07% | +141 bps | |
| Loan Growth (YoY) | 17.52% | 16.20% | 9.43% | 2.35% | -2.43% | -3.39% | -6.34% | -6.12% | -847 bps | |
| Share Growth (YoY) | -0.78% | -4.48% | -5.05% | -10.87% | -11.06% | -8.91% | -10.09% | -10.60% | +26 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.14% | 0.13% | 0.36% | 0.36% | 0.54% | 0.22% | 0.33% | 0.27% | -9 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 | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.25% | 11.57% | 11.85% | 12.37% | 12.86% | 12.79% | 13.28% | 13.81% | +144 bps | |
| Net Worth / Assets | 11.25% | 11.57% | 11.85% | 12.37% | 12.86% | 12.79% | 13.28% | 13.81% | +144 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 92.60% | 94.85% | 98.48% | 101.13% | 101.58% | 100.59% | 102.59% | 106.21% | +508 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Rockford, IL · Charter 65955 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 2 branches
Q3 2024
Return on Assets
0.06%
Rank 1,480 of 1,761
Net Interest Margin
3.83%
Rank 710 of 1,761
Efficiency Ratio
98.73%
Rank 1,598 of 1,754
Equity / Assets
13.81%
Rank 671 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.06% | 0.26% | 0.70% | 1.22% | Beats 16% | 1,480 / 1,761 | ||
| Return on Equity | 0.45% | 2.09% | 5.52% | 9.08% | Beats 16% | 1,488 / 1,761 | ||
| Net Interest Margin | 3.83% | 3.03% | 3.59% | 4.25% | Beats 60% | 710 / 1,761 | ||
| Efficiency Ratio | 98.73% | 68.95% | 77.94% | 87.14% | Beats 9% | 1,598 / 1,754 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.27% | 0.26% | 0.65% | 1.27% | Beats 74% | 453 / 1,757 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 13.81% | 10.05% | 12.42% | 15.87% | Beats 62% | 673 / 1,761 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 13.81% | 10.05% | 12.42% | 15.87% | Beats 62% | 671 / 1,761 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 106.21% | 56.21% | 73.13% | 85.64% | 97th pctl | 47 / 1,759 | ||
| Loans / Assets | 91.24% | 47.85% | 62.48% | 73.19% | 99th pctl | 11 / 1,761 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||