PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Kansas Air Guard

Topeka, KS · Charter 67760

NCUA · 1 branch

Q3 2023

$5.0MAssets
$4.3MLoans
$4.3MShares
$684KNet 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 -0.96%, down 138 bps year over year; NIM at 3.72%.
  • Asset quality: problem loans at 1.26% of loans (+126 bps YoY).
  • Capital: net worth / assets of 13.68%, up 64 bps from a year ago.
  • Funding: loans stand at 99.07% of shares as of Q3 2023.

Financial Results

Return on Assets (YTD, annualized)

-0.96%-138 bps YoY

Net Interest Margin (YTD, annualized)

3.72%+122 bps YoY

Efficiency Ratio (YTD, annualized)

127.00%+2,619 bps YoY

Net Worth / Assets

13.68%+64 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023YoY ΔTrend
Earnings
Return on Assets0.41%0.20%0.50%-1.07%-0.96%-138 bps
Return on Equity3.18%1.52%3.87%-8.68%-7.04%-1,022 bps
Net Interest Margin2.50%2.67%3.23%2.92%3.72%+122 bps
Efficiency Ratio100.81%104.60%91.55%138.49%127.00%+2,619 bps
Growth
Asset Growth (YoY)-7.67%-7.85%-5.41%-0.98%-11.59%-392 bps
Loan Growth (YoY)41.00%51.11%33.33%0.59%-7.19%-4,819 bps
Share Growth (YoY)-8.67%-9.05%-6.38%-0.76%-12.18%-351 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.57%1.26%+126 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.14%0.11%0.05%0.05%0.06%-8 bps
Capital
Risk-Based Capital13.04%13.08%12.86%12.30%13.68%+64 bps
Net Worth / Assets13.04%13.08%12.86%12.30%13.68%+64 bps
Liquidity & Funding
Loans / Shares93.75%101.32%95.66%90.13%99.07%+532 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps