Grandville, MI · Charter 68640
NCUA · 1 branch
Q2 2023
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 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.23% | 1.89% | 1.55% | 1.49% | 1.63% | 1.49% | 1.29% | 1.47% | -2 bps | |
| Return on Equity | 20.78% | 17.79% | 14.80% | 14.38% | 14.80% | 13.88% | 12.08% | 13.25% | -112 bps | |
| Net Interest Margin | 3.44% | 3.36% | 3.53% | 3.44% | 3.67% | 3.51% | 3.62% | 3.67% | +23 bps | |
| Efficiency Ratio | 65.70% | 69.42% | 73.01% | 73.01% | 71.64% | 72.57% | 69.16% | 68.68% | -433 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.52% | 16.11% | 15.51% | 21.37% | 12.53% | 14.76% | 13.47% | 8.05% | -1,332 bps | |
| Loan Growth (YoY) | 13.60% | 20.40% | 23.70% | 24.70% | 17.83% | 12.68% | 10.08% | 18.10% | -660 bps | |
| Share Growth (YoY) | 16.16% | 19.79% | 16.80% | 24.91% | 10.60% | 14.76% | 14.09% | 6.79% | -1,813 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.57% | 0.26% | 0.29% | 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 | n/a | n/a | n/a |
| Allowance / Loans | 1.36% | 1.31% | 1.20% | 1.15% | 1.01% | 0.85% | 0.00% | 0.00% | -115 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 10.71% | 10.61% | 10.49% | 10.38% | 11.00% | 10.74% | 10.66% | 11.09% | +71 bps | |
| Net Worth / Assets | 10.71% | 10.61% | 10.49% | 10.38% | 11.00% | 10.74% | 10.66% | 11.09% | +71 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 90.53% | 92.05% | 96.06% | 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% | 0.00% | 0.00% | 0.00% | 0 bps | |