Manitowoc, WI · Charter 66444
NCUA · 3 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
42
Asset Quality
61
Profitability
48
Liquidity
61
Efficiency
38
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.
Manitowoc, WI · Charter 66444
NCUA · 3 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 | 0.61% | 0.64% | 0.54% | 0.58% | 0.71% | 0.55% | 0.68% | 0.70% | +11 bps | |
| Return on Equity | 4.48% | 4.70% | 3.99% | 4.25% | 4.93% | 3.86% | 4.75% | 6.02% | +177 bps | |
| Net Interest Margin | 2.74% | 3.07% | 3.13% | 3.21% | 3.32% | 3.21% | 3.29% | 3.42% | +21 bps | |
| Efficiency Ratio | 86.98% | 84.50% | 87.20% | 86.17% | 83.46% | 82.07% | 81.80% | 82.02% | -415 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.36% | 1.25% | 2.75% | 1.81% | -0.37% | -0.22% | -0.87% | -1.55% | -336 bps | |
| Loan Growth (YoY) | 11.05% | 15.82% | 11.83% | 4.55% | 3.53% | -1.35% | -4.55% | -3.21% | -776 bps | |
| Share Growth (YoY) | 2.37% | 0.72% | 2.17% | 0.72% | -1.94% | -1.54% | -2.45% | 0.82% | +9 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.09% | 0.13% | 0.15% | 0.01% | 0.07% | 0.10% | 0.02% | 0.46% | +45 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 | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 13.69% | 13.56% | 13.53% | 13.74% | 14.45% | 14.27% | 14.42% | 11.58% | -216 bps | |
| Net Worth / Assets | 13.69% | 13.56% | 13.53% | 13.74% | 14.45% | 14.27% | 14.42% | 11.58% | -216 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 85.06% | 84.84% | 85.66% | 85.12% | 89.80% | 85.00% | 83.82% | 81.73% | -340 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Manitowoc, WI · Charter 66444 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 3 branches
Q3 2024
Return on Assets
0.70%
Rank 881 of 1,761
Net Interest Margin
3.42%
Rank 1,038 of 1,761
Efficiency Ratio
82.03%
Rank 1,091 of 1,754
Equity / Assets
11.58%
Rank 1,027 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.70% | 0.26% | 0.70% | 1.22% | Beats 50% | 881 / 1,761 | ||
| Return on Equity | 6.02% | 2.09% | 5.52% | 9.08% | Beats 53% | 819 / 1,761 | ||
| Net Interest Margin | 3.42% | 3.03% | 3.59% | 4.25% | Beats 41% | 1,038 / 1,761 | ||
| Efficiency Ratio | 82.03% | 68.95% | 77.94% | 87.14% | Beats 38% | 1,091 / 1,754 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.46% | 0.26% | 0.65% | 1.27% | Beats 61% | 688 / 1,757 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 11.58% | 10.05% | 12.42% | 15.87% | Beats 42% | 1,028 / 1,761 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 11.58% | 10.05% | 12.42% | 15.87% | Beats 42% | 1,027 / 1,761 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 81.73% | 56.21% | 73.13% | 85.64% | 66th pctl | 597 / 1,759 | ||
| Loans / Assets | 72.16% | 47.85% | 62.48% | 73.19% | 73rd pctl | 476 / 1,761 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||