PackageTrendsPeer
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Bristol Teachers

Bristol, CT · Charter 722

NCUA · 2 branches

Q1 2024

$106.7MAssets
$32.0MLoans
$95.7MShares
$10.3MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of 0.26%, up 36 bps year over year; NIM at 3.07%.
  • Asset quality: problem loans at 0.95% of loans (+13 bps YoY).
  • Capital: net worth / assets of 9.68%, up 63 bps from a year ago.
  • Funding: loans stand at 33.46% of shares as of Q1 2024.

Financial Results

Return on Assets (YTD, annualized)

0.26%+36 bps YoY

Net Interest Margin (YTD, annualized)

3.07%+59 bps YoY

Efficiency Ratio (YTD, annualized)

93.09%-1,043 bps YoY

Net Worth / Assets

9.68%+63 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2023Q2 2023Q3 2023Q4 2023Q1 2024YoY ΔTrend
Earnings
Return on Assets-0.11%0.10%0.20%0.24%0.26%+36 bps
Return on Equity-1.18%1.09%2.07%2.47%2.65%+383 bps
Net Interest Margin2.48%2.58%2.75%2.87%3.07%+59 bps
Efficiency Ratio103.53%96.94%94.32%93.52%93.09%-1,043 bps
Growth
Asset Growth (YoY)-0.02%-0.30%-3.52%-5.39%-4.79%-477 bps
Loan Growth (YoY)-5.92%-7.98%-5.75%-3.23%-1.04%+488 bps
Share Growth (YoY)-0.18%-1.41%-4.66%-6.27%-5.69%-551 bps
Asset Quality
Delinquent Loans / Loans0.82%0.71%0.66%1.13%0.95%+13 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital9.05%9.09%9.52%9.63%9.68%+63 bps
Net Worth / Assets9.05%9.09%9.52%9.63%9.68%+63 bps
Liquidity & Funding
Loans / Shares31.89%31.44%32.74%33.69%33.46%+157 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps