Pittsburgh, PA · Charter 6690
NCUA · 1 branch
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
5
Asset Quality
47
Profitability
38
Liquidity
23
Efficiency
15
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.
Pittsburgh, PA · Charter 6690
NCUA · 1 branch
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 | 0.15% | -0.84% | -0.20% | -0.71% | -0.98% | -0.09% | -0.22% | 0.10% | +81 bps | |
| Return on Equity | 1.85% | -10.79% | -2.58% | -9.29% | -13.02% | -1.25% | -2.93% | 1.22% | +1,050 bps | |
| Net Interest Margin | 3.82% | 3.49% | 3.63% | 3.84% | 4.04% | 3.83% | 4.16% | 4.31% | +47 bps | |
| Efficiency Ratio | 89.37% | 92.23% | 93.43% | 90.66% | 90.90% | 99.27% | 95.37% | 93.00% | +234 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.06% | 2.44% | 1.89% | -1.39% | -6.99% | -8.72% | -7.95% | -7.69% | -630 bps | |
| Loan Growth (YoY) | 12.13% | 19.05% | 18.75% | 11.55% | 7.07% | -0.31% | -3.76% | -6.74% | -1,829 bps | |
| Share Growth (YoY) | -0.14% | 2.86% | 2.61% | 0.07% | -6.43% | -8.38% | -7.72% | -7.95% | -802 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.23% | 0.60% | 0.90% | 1.00% | 1.04% | 0.52% | 0.42% | 0.70% | -30 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 | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.99% | 7.76% | 7.90% | 7.65% | 7.51% | 7.32% | 7.49% | 7.89% | +24 bps | |
| Net Worth / Assets | 7.99% | 7.76% | 7.90% | 7.65% | 7.51% | 7.32% | 7.49% | 7.89% | +24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 79.68% | 80.06% | 86.31% | 88.71% | 91.17% | 87.10% | 90.02% | 89.88% | +117 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Pittsburgh, PA · Charter 6690 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 1 branch
Q3 2024
Return on Assets
0.10%
Rank 1,454 of 1,761
Net Interest Margin
4.31%
Rank 407 of 1,761
Efficiency Ratio
92.89%
Rank 1,489 of 1,754
Equity / Assets
7.89%
Rank 1,681 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.10% | 0.26% | 0.70% | 1.22% | Beats 17% | 1,454 / 1,761 | n/a | |
| Return on Equity | 1.25% | 2.09% | 5.52% | 9.08% | Beats 20% | 1,413 / 1,761 | n/a | |
| Net Interest Margin | 4.31% | 3.03% | 3.59% | 4.25% | Beats 77% | 407 / 1,761 | n/a | |
| Efficiency Ratio | 92.89% | 68.95% | 77.94% | 87.14% | Beats 15% | 1,489 / 1,754 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.69% | 0.26% | 0.65% | 1.27% | Beats 47% | 929 / 1,757 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 7.89% | 10.05% | 12.42% | 15.87% | Beats 4% | 1,682 / 1,761 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 7.89% | 10.05% | 12.42% | 15.87% | Beats 5% | 1,681 / 1,761 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 89.88% | 56.21% | 73.13% | 85.64% | 82nd pctl | 318 / 1,759 | n/a | |
| Loans / Assets | 82.81% | 47.85% | 62.48% | 73.19% | 93rd pctl | 118 / 1,761 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||