PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Lynn Municipal Employees

Lynn, MA · Charter 67908

NCUA · 1 branch

Q2 2022

$3.0MAssets
$906KLoans
$2.4MShares
$590KNet 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 -2.66%, down 239 bps year over year; NIM at 2.65%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 19.41%, down 137 bps from a year ago.
  • Funding: loans stand at 37.25% of shares as of Q2 2022.

Financial Results

Return on Assets (YTD, annualized)

-2.66%-239 bps YoY

Net Interest Margin (YTD, annualized)

2.65%-32 bps YoY

Efficiency Ratio (YTD, annualized)

198.07%+8,289 bps YoY

Net Worth / Assets

19.41%-137 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2021Q3 2021Q4 2021Q1 2022Q2 2022YoY ΔTrend
Earnings
Return on Assets-0.27%-0.43%-0.36%-3.85%-2.66%-239 bps
Return on Equity-1.29%-2.00%-1.69%-19.93%-13.69%-1,240 bps
Net Interest Margin2.97%3.12%3.07%2.30%2.65%-32 bps
Efficiency Ratio115.17%119.14%115.76%256%198.07%+8,289 bps
Growth
Asset Growth (YoY)10.23%2.55%2.79%2.57%-1.93%-1,216 bps
Loan Growth (YoY)-15.96%-17.77%-14.36%-8.35%8.95%+2,491 bps
Share Growth (YoY)13.10%3.50%3.98%5.00%-0.46%-1,356 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 / Loans1.46%1.50%1.51%1.85%1.52%+5 bps
Capital
Risk-Based Capital20.79%21.43%21.18%19.31%19.41%-137 bps
Net Worth / Assets20.79%21.43%21.18%19.31%19.41%-137 bps
Liquidity & Funding
Loans / Shares34.03%34.21%34.55%31.73%37.25%+321 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps