PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

KH Network Credit Union

Dayton, OH · Charter 68542

NCUA · 1 branch

Q2 2024

$70.8MAssets
$46.4MLoans
$62.4MShares
$8.1MNet Worth

Executive Summary

  • Earnings: ROA of 0.49%, down 24 bps year over year; NIM at 3.42%.
  • Asset quality: problem loans at 0.21% of loans (-1 bps YoY).
  • Capital: net worth / assets of 11.47%, up 72 bps from a year ago.
  • Funding: loans stand at 74.33% of shares as of Q2 2024.

Return on Assets (YTD, annualized)

0.49%-24 bps YoY

Net Interest Margin (YTD, annualized)

3.42%+19 bps YoY

Efficiency Ratio (YTD, annualized)

81.99%-186 bps YoY

Net Worth / Assets

11.47%+72 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024YoY ΔTrend
Earnings
Return on Assets0.48%0.51%0.57%0.73%0.68%0.72%0.44%0.49%-24 bps
Return on Equity4.93%5.20%5.59%6.77%6.03%6.48%3.84%4.23%-253 bps
Net Interest Margin2.85%2.89%3.20%3.23%3.33%3.26%3.48%3.42%+19 bps
Efficiency Ratio83.37%82.82%84.18%83.85%82.84%82.61%80.60%81.99%-186 bps
Growth
Asset Growth (YoY)2.13%3.30%-3.25%-8.74%-6.91%-5.55%-4.94%-1.11%+763 bps
Loan Growth (YoY)6.66%6.30%5.77%4.41%0.13%-1.92%-3.05%-6.69%-1,110 bps
Share Growth (YoY)0.66%3.00%-4.30%-10.13%-8.59%-7.08%-5.95%-1.66%+847 bps
Asset Quality
Delinquent Loans / Loans0.20%0.16%0.11%0.22%0.27%0.05%0.13%0.21%-1 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.89%0.83%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital9.79%9.83%10.27%10.75%11.24%11.16%11.50%11.47%+72 bps
Net Worth / Assets9.79%9.83%10.27%10.75%11.24%11.16%11.50%11.47%+72 bps
Liquidity & Funding
Loans / Shares75.33%75.18%76.01%78.33%82.51%79.35%78.36%74.33%-400 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps