PackageTrendsPeer
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Aqua Glass Empls.

Adamsville, TN · Charter 67791

NCUA · 1 branch

Q1 2022

$1.8MAssets
$1.2MLoans
$1.4MShares
$440KNet 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 -0.05%, up 12 bps year over year; NIM at 4.04%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 24.25%, down 141 bps from a year ago.
  • Funding: loans stand at 88.08% of shares as of Q1 2022.

Financial Results

Return on Assets (quarter, annualized)

-0.05%+12 bps YoY

Net Interest Margin (quarter, annualized)

4.04%-23 bps YoY

Efficiency Ratio (quarter, annualized)

101.05%-242 bps YoY

Net Worth / Assets

24.25%-141 bps YoY

Discrete quarter, annualized.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets-0.16%-0.18%-0.04%0.09%-0.05%+12 bps
Return on Equity-0.64%-0.75%-0.15%0.34%-0.20%+44 bps
Net Interest Margin4.27%4.20%4.20%4.36%4.04%-23 bps
Efficiency Ratio103.47%103.89%100.74%98.33%101.05%-242 bps
Growth
Asset Growth (YoY)4.66%7.50%6.44%4.72%6.29%+163 bps
Loan Growth (YoY)10.75%32.04%36.90%40.49%16.30%+556 bps
Share Growth (YoY)7.09%10.85%9.05%6.22%8.41%+132 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.21%1.07%1.04%0.97%1.04%-17 bps
Capital
Risk-Based Capital25.66%24.52%24.34%25.43%24.25%-141 bps
Net Worth / Assets25.66%24.52%24.34%25.43%24.25%-141 bps
Liquidity & Funding
Loans / Shares82.11%87.54%89.29%101.14%88.08%+598 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps