PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Langston Bag Co. Empls. Sav. Assn.

Memphis, TN · Charter 68164

NCUA · 1 branch

Q3 2020

$57KAssets
$3KLoans
$39KShares
$17KNet 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 2.86%, up 62 bps year over year; NIM at 3.43%.
  • Asset quality: problem loans at 0.00% of loans (-225 bps YoY).
  • Capital: net worth / assets of 29.39%, up 179 bps from a year ago.
  • Funding: loans stand at 7.36% of shares as of Q3 2020.

Financial Results

Return on Assets (YTD, annualized)

2.86%+62 bps YoY

Net Interest Margin (YTD, annualized)

3.43%-189 bps YoY

Efficiency Ratio (YTD, annualized)

13.77%-843 bps YoY

Net Worth / Assets

29.39%+179 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2019Q4 2019Q1 2020Q2 2020Q3 2020YoY ΔTrend
Earnings
Return on Assets2.24%2.04%3.99%3.53%2.86%+62 bps
Return on Equity8.13%7.14%13.87%11.44%9.74%+161 bps
Net Interest Margin5.32%5.24%4.82%4.39%3.43%-189 bps
Efficiency Ratio22.19%31.05%17.23%14.57%13.77%-843 bps
Growth
Asset Growth (YoY)2.29%7.02%1.70%-8.08%2.47%+17 bps
Loan Growth (YoY)0.64%-16.08%-16.87%-54.22%-71.58%-7,222 bps
Share Growth (YoY)0.50%5.21%-1.16%-14.67%-0.19%-69 bps
Asset Quality
Delinquent Loans / Loans2.25%1.61%0.00%0.00%0.00%-225 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans34.93%25.65%31.11%63.68%136.17%+10,125 bps
Capital
Risk-Based Capital27.61%28.62%28.79%30.89%29.39%+179 bps
Net Worth / Assets27.61%28.62%28.79%30.89%29.39%+179 bps
Liquidity & Funding
Loans / Shares25.83%38.06%31.41%17.22%7.36%-1,848 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps