Allegan, MI · Charter 68729
NCUA · 5 branches
Q2 2024
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.39% | 2.47% | 0.65% | 1.51% | 1.46% | 1.03% | 0.35% | -1.98% | -349 bps | |
| Return on Equity | 34.64% | 25.61% | 5.95% | 13.13% | 11.98% | 8.42% | 2.94% | -17.13% | -3,026 bps | |
| Net Interest Margin | 3.33% | 3.39% | 3.69% | 3.83% | 4.10% | 4.21% | 4.36% | 4.88% | +105 bps | |
| Efficiency Ratio | 55.34% | 59.68% | 88.97% | 69.46% | 71.45% | 75.31% | 87.40% | 116.83% | +4,737 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | n/a | n/a | n/a | 85.60% | 83.28% | 80.35% | -1.18% | -2.97% | -8,857 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | 98.93% | 87.30% | 76.11% | 9.97% | 5.34% | -9,359 bps | |
| Share Growth (YoY) | n/a | n/a | n/a | 82.74% | 77.68% | 78.10% | -3.32% | -3.73% | -8,648 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.85% | 0.27% | 0.56% | 0.40% | 0.35% | 0.45% | 0.45% | 0.42% | +2 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 | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.78% | 9.63% | 10.91% | 11.50% | 12.14% | 12.24% | 11.96% | 11.57% | +7 bps | |
| Net Worth / Assets | 9.78% | 9.63% | 10.91% | 11.50% | 12.14% | 12.24% | 11.96% | 11.57% | +7 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 77.32% | 84.80% | 73.89% | 78.09% | 81.50% | 83.85% | 84.05% | 85.45% | +736 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |