Richmond, VA · Charter 66836
NCUA · 23 branches
Q2 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2024, the quarter ended June 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 $1B-$10B in assets (n=409). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
53
Asset Quality
16
Profitability
48
Liquidity
88
Efficiency
36
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.
Richmond, VA · Charter 66836
NCUA · 23 branches
Q2 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 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.94% | 0.99% | 0.78% | 0.61% | 0.51% | 0.42% | 0.38% | 0.40% | -21 bps | |
| Return on Equity | 9.11% | 9.32% | 7.35% | 5.65% | 4.75% | 4.02% | 3.54% | 3.70% | -195 bps | |
| Net Interest Margin | 2.88% | 2.94% | 3.29% | 3.26% | 3.22% | 3.16% | 3.35% | 3.43% | +17 bps | |
| Efficiency Ratio | 77.42% | 76.14% | 75.26% | 76.22% | 76.65% | 77.29% | 80.06% | 78.68% | +247 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.42% | 1.87% | 2.02% | 3.54% | 2.69% | 4.68% | 2.65% | 2.87% | -66 bps | |
| Loan Growth (YoY) | 13.19% | 19.31% | 23.11% | 22.22% | 18.70% | 14.60% | 11.91% | 8.18% | -1,404 bps | |
| Share Growth (YoY) | 8.14% | 4.18% | 2.56% | 1.42% | -0.56% | -1.08% | -0.16% | 0.41% | -101 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.64% | 0.76% | 0.62% | 0.67% | 0.75% | 0.86% | 1.00% | 1.08% | +42 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 | 1.30% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 10.37% | 10.57% | 10.64% | 10.74% | 10.75% | 10.43% | 10.60% | 10.68% | -6 bps | |
| Net Worth / Assets | 10.37% | 10.57% | 10.64% | 10.74% | 10.75% | 10.43% | 10.60% | 10.68% | -6 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 68.71% | 73.10% | 74.70% | 79.60% | 82.02% | 84.69% | 83.72% | 85.76% | +616 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Richmond, VA · Charter 66836 · Peer group: credit unions $1B-$10B in assets (n=409)
NCUA · 23 branches
Q2 2024
Return on Assets
0.40%
Rank 278 of 409
Net Interest Margin
3.43%
Rank 76 of 409
Efficiency Ratio
78.68%
Rank 261 of 409
Equity / Assets
10.68%
Rank 194 of 409
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.40% | 0.31% | 0.59% | 0.92% | Beats 32% | 278 / 409 | n/a | |
| Return on Equity | 3.70% | 2.95% | 5.75% | 8.38% | Beats 30% | 285 / 409 | n/a | |
| Net Interest Margin | 3.43% | 2.53% | 2.90% | 3.32% | Beats 81% | 76 / 409 | n/a | |
| Efficiency Ratio | 78.68% | 67.11% | 74.53% | 81.97% | Beats 36% | 261 / 409 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 1.08% | 0.36% | 0.60% | 0.86% | Beats 16% | 346 / 409 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 10.68% | 9.44% | 10.54% | 12.14% | Beats 53% | 194 / 409 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 10.68% | 9.44% | 10.54% | 12.14% | Beats 53% | 194 / 409 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 85.76% | 78.77% | 88.36% | 97.27% | 40th pctl | 244 / 409 | n/a | |
| Loans / Assets | 72.14% | 66.61% | 74.05% | 80.30% | 41st pctl | 242 / 409 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||