PackageTrendsPeer
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Transwest Credit Union

Salt Lake Cy, UT · Charter 66705

NCUA · 5 branches

Q4 2024

$197.5MAssets
$138.2MLoans
$176.6MShares
$20.4MNet 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 0.62%, up 18 bps year over year; NIM at 2.71%.
  • Asset quality: problem loans at 0.75% of loans (+49 bps YoY).
  • Capital: net worth / assets of 10.32%, down 24 bps from a year ago.
  • Funding: loans stand at 78.25% of shares as of Q4 2024.

Financial Results

Return on Assets (quarter, annualized)

0.62%+18 bps YoY

Net Interest Margin (quarter, annualized)

2.71%-18 bps YoY

Efficiency Ratio (quarter, annualized)

80.58%-488 bps YoY

Net Worth / Assets

10.32%-24 bps YoY

Discrete quarter, annualized.

MetricQ4 2023Q1 2024Q2 2024Q3 2024Q4 2024YoY ΔTrend
Earnings
Return on Assets0.44%3.06%1.70%1.13%0.62%+18 bps
Return on Equity4.13%28.21%15.52%10.62%6.02%+188 bps
Net Interest Margin2.89%2.82%2.84%2.76%2.71%-18 bps
Efficiency Ratio85.46%49.35%63.14%70.33%80.58%-488 bps
Growth
Asset Growth (YoY)-1.10%1.87%4.57%9.21%8.12%+922 bps
Loan Growth (YoY)-0.56%-0.70%1.66%-0.75%-5.70%-514 bps
Share Growth (YoY)-1.89%0.53%3.41%8.43%7.97%+985 bps
Asset Quality
Delinquent Loans / Loans0.26%0.17%0.32%0.92%0.75%+49 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 Capital10.57%10.83%10.96%10.67%10.32%-24 bps
Net Worth / Assets10.57%10.83%10.96%10.67%10.32%-24 bps
Liquidity & Funding
Loans / Shares89.59%86.18%86.92%82.76%78.25%-1,134 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps