PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

United

Ness City, KS · Charter 67810

NCUA · 1 branch

Q4 2022

$12.1MAssets
$2.6MLoans
$11.0MShares
$1.0MNet 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 0.21%, up 37 bps year over year; NIM at 1.64%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 8.37%, down 110 bps from a year ago.
  • Funding: loans stand at 23.24% of shares as of Q4 2022.

Financial Results

Return on Assets (quarter, annualized)

0.21%+37 bps YoY

Net Interest Margin (quarter, annualized)

1.64%+19 bps YoY

Efficiency Ratio (quarter, annualized)

89.30%-1,906 bps YoY

Net Worth / Assets

8.37%-110 bps YoY

Discrete quarter, annualized.

MetricQ4 2021Q1 2022Q2 2022Q3 2022Q4 2022YoY ΔTrend
Earnings
Return on Assets-0.15%-0.38%-0.05%-0.02%0.21%+37 bps
Return on Equity-1.62%-4.65%-0.67%-0.27%2.57%+418 bps
Net Interest Margin1.45%1.30%1.30%1.38%1.64%+19 bps
Efficiency Ratio108.35%125.88%103.19%101.25%89.30%-1,906 bps
Growth
Asset Growth (YoY)5.95%5.65%12.06%17.36%7.02%+107 bps
Loan Growth (YoY)-7.41%-11.03%-7.82%-14.81%-8.05%-63 bps
Share Growth (YoY)6.59%6.91%13.95%20.26%8.06%+147 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 / Loans1.15%1.22%1.22%1.29%1.25%+10 bps
Capital
Risk-Based Capital9.47%8.22%8.10%7.79%8.37%-110 bps
Net Worth / Assets9.47%8.22%8.10%7.79%8.37%-110 bps
Liquidity & Funding
Loans / Shares27.32%24.20%23.63%21.33%23.24%-407 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps