Grandville, MI · Charter 68640
NCUA · 1 branch
Q2 2023
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 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.49% | 1.63% | 1.49% | 1.29% | 1.47% | -2 bps | |
| Return on Equity | 14.38% | 14.80% | 13.88% | 12.08% | 13.25% | -112 bps | |
| Net Interest Margin | 3.44% | 3.67% | 3.51% | 3.62% | 3.67% | +23 bps | |
| Efficiency Ratio | 73.01% | 71.64% | 72.57% | 69.16% | 68.68% | -433 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 21.37% | 12.53% | 14.76% | 13.47% | 8.05% | -1,332 bps | |
| Loan Growth (YoY) | 24.70% | 17.83% | 12.68% | 10.08% | 18.10% | -660 bps | |
| Share Growth (YoY) | 24.91% | 10.60% | 14.76% | 14.09% | 6.79% | -1,813 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.05% | 0.86% | 2.01% | 1.16% | 1.43% | +38 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.15% | 1.01% | 0.85% | 0.00% | 0.00% | -115 bps | |
| Capital | |||||||
| Risk-Based Capital | 10.38% | 11.00% | 10.74% | 10.66% | 11.09% | +71 bps | |
| Net Worth / Assets | 10.38% | 11.00% | 10.74% | 10.66% | 11.09% | +71 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 92.72% | 96.44% | 90.38% | 92.68% | 102.55% | +983 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |