Springfield, OH · Charter 7022
NCUA · 2 branches
Q2 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2024, the quarter ended June 30, 2024, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Credit unions under $1B in assets (n=1,748 to 1,753). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
67
Asset Quality
8
Profitability
27
Liquidity
73
Efficiency
No peer data yet
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Springfield, OH · Charter 7022
NCUA · 2 branches
Q2 2024
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 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.21% | -0.38% | -0.30% | -2.19% | -8.00% | -780 bps | |
| Return on Equity | -1.39% | -2.48% | -1.93% | -13.86% | -55.98% | -5,458 bps | |
| Net Interest Margin | 2.87% | 3.07% | 3.24% | 3.47% | 4.33% | +146 bps | |
| Efficiency Ratio | 106.34% | 111.91% | 108.77% | 135.30% | n/a | n/a | |
| Growth | |||||||
| Asset Growth (YoY) | -3.02% | -7.28% | -9.42% | -15.16% | -19.83% | -1,681 bps | |
| Loan Growth (YoY) | 7.82% | 5.44% | 0.43% | -8.50% | -6.57% | -1,439 bps | |
| Share Growth (YoY) | -8.47% | -13.11% | -17.95% | -19.63% | -14.18% | -570 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.00% | 0.00% | 1.29% | 0.73% | 3.02% | +302 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.03% | 0.07% | 0.09% | 0.19% | 0.18% | +16 bps | |
| Capital | |||||||
| Risk-Based Capital | 14.74% | 15.16% | 15.41% | 15.77% | 14.30% | -44 bps | |
| Net Worth / Assets | 14.74% | 15.16% | 15.41% | 15.77% | 14.30% | -44 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 72.63% | 72.28% | 73.52% | 75.44% | 79.06% | +644 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Springfield, OH · Charter 7022 · Peer group: credit unions under $1B in assets (n=1,748-1,753)
NCUA · 2 branches
Q2 2024
Return on Assets
-8.02%
Rank 1,745 of 1,753
Net Interest Margin
4.33%
Rank 367 of 1,752
Equity / Assets
14.30%
Rank 575 of 1,752
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -8.02% | 0.23% | 0.68% | 1.19% | Beats 0% | 1,745 / 1,753 | |
| Return on Equity | -56.06% | 1.80% | 5.29% | 9.05% | Beats 1% | 1,729 / 1,750 | |
| Net Interest Margin | 4.33% | 2.98% | 3.54% | 4.20% | Beats 79% | 367 / 1,752 | |
| Efficiency Ratio | n/a | Not reported for this institution | |||||
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 3.02% | 0.22% | 0.59% | 1.20% | Beats 8% | 1,607 / 1,748 | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | |||||
| Capital | |||||||
| Tier 1 Capital Ratio | 14.30% | 9.91% | 12.21% | 15.57% | Beats 67% | 577 / 1,753 | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | |||||
| Equity / Assets | 14.30% | 9.91% | 12.21% | 15.57% | Beats 67% | 575 / 1,752 | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 79.06% | 55.88% | 73.01% | 86.61% | 61st pctl | 685 / 1,750 | |
| Loans / Assets | 68.09% | 48.21% | 62.51% | 73.23% | 63rd pctl | 654 / 1,752 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | |||||