Tallahassee, FL · Charter 67561
NCUA · 1 branch
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 under $1B in assets (n=1,748 to 1,753). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
91
Asset Quality
91
Profitability
57
Liquidity
1
Efficiency
60
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.
Tallahassee, FL · Charter 67561
NCUA · 1 branch
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 | -0.06% | 0.18% | 0.58% | 0.62% | 0.63% | 0.66% | 0.46% | 0.73% | +12 bps | |
| Return on Equity | -0.24% | 0.69% | 2.90% | 2.96% | 2.98% | 3.02% | 2.14% | 3.35% | +40 bps | |
| Net Interest Margin | 3.41% | 3.65% | 3.89% | 3.99% | 4.09% | 4.24% | 4.40% | 4.52% | +53 bps | |
| Efficiency Ratio | 92.66% | 89.48% | 85.76% | 86.31% | 85.41% | 82.81% | 79.07% | 75.59% | -1,073 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -5.47% | -5.99% | 0.13% | -1.02% | -2.59% | -1.05% | -2.78% | -1.23% | -21 bps | |
| Loan Growth (YoY) | 8.68% | 11.59% | 17.17% | 11.05% | 6.54% | 2.97% | -4.44% | -5.29% | -1,635 bps | |
| Share Growth (YoY) | -5.59% | -6.19% | 0.26% | -1.48% | -3.89% | -2.29% | -4.08% | -2.69% | -122 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.29% | 0.10% | 0.09% | 0.12% | 0.37% | 0.29% | 0.62% | 0.00% | -12 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 | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 25.32% | 26.17% | 20.16% | 20.91% | 21.22% | 21.74% | 21.34% | 21.87% | +96 bps | |
| Net Worth / Assets | 25.32% | 26.17% | 20.16% | 20.91% | 21.22% | 21.74% | 21.34% | 21.87% | +96 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 87.95% | 94.18% | 94.52% | 98.09% | 97.49% | 99.25% | 94.17% | 95.47% | -262 bps | |
| Liquid Assets / Assets | 98.99% | 0.00% | 97.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Tallahassee, FL · Charter 67561 · Peer group: credit unions under $1B in assets (n=1,748-1,753)
NCUA · 1 branch
Q2 2024
Return on Assets
0.73%
Rank 824 of 1,753
Net Interest Margin
4.52%
Rank 290 of 1,752
Efficiency Ratio
75.44%
Rank 703 of 1,748
Equity / Assets
21.87%
Rank 153 of 1,752
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.73% | 0.23% | 0.68% | 1.19% | Beats 53% | 824 / 1,753 | n/a | |
| Return on Equity | 3.35% | 1.80% | 5.29% | 9.05% | Beats 35% | 1,131 / 1,750 | n/a | |
| Net Interest Margin | 4.52% | 2.98% | 3.54% | 4.20% | Beats 83% | 290 / 1,752 | n/a | |
| Efficiency Ratio | 75.44% | 69.58% | 78.86% | 88.33% | Beats 60% | 703 / 1,748 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.00% | 0.22% | 0.59% | 1.20% | Beats 91% | 153 / 1,748 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 21.87% | 9.91% | 12.21% | 15.57% | Beats 91% | 154 / 1,753 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 21.87% | 9.91% | 12.21% | 15.57% | Beats 91% | 153 / 1,752 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 95.47% | 55.88% | 73.01% | 86.61% | 89th pctl | 186 / 1,750 | n/a | |
| Loans / Assets | 74.71% | 48.21% | 62.51% | 73.23% | 77th pctl | 398 / 1,752 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||