Lompoc, CA · Charter 68653
NCUA · 12 branches
Q4 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2023, the quarter ended December 31, 2023, 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.
Lompoc, CA · Charter 68653
NCUA · 12 branches
Q4 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 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.37% | 0.17% | 0.31% | 0.30% | 0.35% | -2 bps | |
| Return on Equity | 5.09% | 2.33% | 4.05% | 3.86% | 4.50% | -59 bps | |
| Net Interest Margin | 2.82% | 2.82% | 2.88% | 2.89% | 2.88% | +6 bps | |
| Efficiency Ratio | 82.13% | 86.14% | 82.06% | 81.39% | 79.69% | -244 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 13.98% | 14.21% | 8.41% | 1.53% | -2.35% | -1,633 bps | |
| Loan Growth (YoY) | 31.14% | 22.14% | 15.03% | 2.70% | -6.83% | -3,797 bps | |
| Share Growth (YoY) | 3.41% | 3.79% | -1.67% | -3.32% | -3.57% | -698 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.29% | 0.20% | 0.26% | 0.29% | 0.42% | +12 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | -45 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.36% | 7.32% | 7.60% | 7.71% | 7.84% | +48 bps | |
| Net Worth / Assets | 7.36% | 7.32% | 7.60% | 7.71% | 7.84% | +48 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 93.53% | 89.32% | 90.83% | 90.05% | 90.37% | -316 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |