PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Mutual Savings

Atlanta, GA · Charter 67388

NCUA · 1 branch

Q4 2024

$72.8MAssets
$40.6MLoans
$61.6MShares
$10.7MNet 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 0.27%, up 4 bps year over year; NIM at 2.57%.
  • Asset quality: problem loans at 0.10% of loans (-1 bps YoY).
  • Capital: net worth / assets of 14.73%, up 48 bps from a year ago.
  • Funding: loans stand at 65.99% of shares as of Q4 2024.

Financial Results

Return on Assets (YTD, annualized)

0.27%+4 bps YoY

Net Interest Margin (YTD, annualized)

2.57%-12 bps YoY

Efficiency Ratio (YTD, annualized)

87.27%+41 bps YoY

Net Worth / Assets

14.73%+48 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2023Q1 2024Q2 2024Q3 2024Q4 2024YoY ΔTrend
Earnings
Return on Assets0.24%0.19%0.23%0.28%0.27%+4 bps
Return on Equity1.65%1.38%1.62%1.87%1.84%+19 bps
Net Interest Margin2.68%2.32%2.53%2.58%2.57%-12 bps
Efficiency Ratio86.87%88.69%87.72%86.46%87.27%+41 bps
Growth
Asset Growth (YoY)-9.52%-9.30%-8.02%-5.50%-1.44%+807 bps
Loan Growth (YoY)-0.13%-2.37%-5.25%-10.03%-11.93%-1,179 bps
Share Growth (YoY)-11.35%-10.71%-8.62%-4.95%-1.07%+1,028 bps
Asset Quality
Delinquent Loans / Loans0.11%0.41%0.44%0.42%0.10%-1 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 Capital14.25%13.78%14.34%14.76%14.73%+48 bps
Net Worth / Assets14.25%13.78%14.34%14.76%14.73%+48 bps
Liquidity & Funding
Loans / Shares74.13%69.49%70.07%69.54%65.99%-814 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps