Saginaw, MI · Charter 68578
NCUA · 4 branches
Q2 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2022, the quarter ended June 30, 2022, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Saginaw, MI · Charter 68578
NCUA · 4 branches
Q2 2022
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.94% | 0.97% | 0.94% | 0.82% | 0.85% | -10 bps | |
| Return on Equity | 7.14% | 7.16% | 6.89% | 5.95% | 6.00% | -114 bps | |
| Net Interest Margin | 2.78% | 2.81% | 2.81% | 2.81% | 2.85% | +7 bps | |
| Efficiency Ratio | 76.39% | 76.07% | 76.47% | 78.04% | 78.23% | +184 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 10.02% | 8.45% | 6.52% | 1.42% | 0.15% | -987 bps | |
| Loan Growth (YoY) | 4.97% | 3.64% | 4.26% | 2.90% | 1.28% | -369 bps | |
| Share Growth (YoY) | 11.01% | 8.78% | 7.21% | 2.23% | 1.24% | -977 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.28% | 0.18% | 0.36% | 0.28% | 0.45% | +17 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.97% | 0.93% | 0.91% | 0.90% | 0.89% | -8 bps | |
| Capital | |||||||
| Risk-Based Capital | 13.22% | 13.53% | 13.68% | 13.77% | 14.10% | +87 bps | |
| Net Worth / Assets | 13.22% | 13.53% | 13.68% | 13.77% | 14.10% | +87 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 66.97% | 69.21% | 69.50% | 66.63% | 67.00% | +3 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |