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Tri-Valley Service

Pittsburgh, PA · Charter 6690

NCUA · 1 branch

Q3 2024

$19.0MAssets
$15.7MLoans
$17.5MShares
$1.5MNet 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 0.10%, up 81 bps year over year; NIM at 4.31%.
  • Asset quality: problem loans at 0.70% of loans (-30 bps YoY).
  • Capital: net worth / assets of 7.89%, up 24 bps from a year ago.
  • Funding: loans stand at 89.88% of shares as of Q3 2024.

Financial Results

Return on Assets (YTD, annualized)

0.10%+81 bps YoY

Net Interest Margin (YTD, annualized)

4.31%+47 bps YoY

Efficiency Ratio (YTD, annualized)

93.00%+234 bps YoY

Net Worth / Assets

7.89%+24 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2023Q4 2023Q1 2024Q2 2024Q3 2024YoY ΔTrend
Earnings
Return on Assets-0.71%-0.98%-0.09%-0.22%0.10%+81 bps
Return on Equity-9.29%-13.02%-1.25%-2.93%1.22%+1,050 bps
Net Interest Margin3.84%4.04%3.83%4.16%4.31%+47 bps
Efficiency Ratio90.66%90.90%99.27%95.37%93.00%+234 bps
Growth
Asset Growth (YoY)-1.39%-6.99%-8.72%-7.95%-7.69%-630 bps
Loan Growth (YoY)11.55%7.07%-0.31%-3.76%-6.74%-1,829 bps
Share Growth (YoY)0.07%-6.43%-8.38%-7.72%-7.95%-802 bps
Asset Quality
Delinquent Loans / Loans1.00%1.04%0.52%0.42%0.70%-30 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 Capital7.65%7.51%7.32%7.49%7.89%+24 bps
Net Worth / Assets7.65%7.51%7.32%7.49%7.89%+24 bps
Liquidity & Funding
Loans / Shares88.71%91.17%87.10%90.02%89.88%+117 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps