Florida Rural Electric
Tallahassee, FL · Charter 67561 · Peer group: credit unions under $1B in assets (n=1,748-1,753)
NCUA · 1 branch
Q2 2024
$28.1MAssets
$21.0MLoans
$22.0MShares
$6.1MNet Worth
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 91% of credit unions under $1B in assets (rank 153 of 1748).
- Widest gap: return on equity trails 65% of credit unions under $1B in assets (rank 1131 of 1750).
- Overall: at or above the peer median on 6 of 7 directional measures.
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 |