PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Dort

Flint, MI · Charter 7569

NCUA · 11 branches

Q4 2019

$1.0BAssets
$807.9MLoans
$797.5MShares
$165.4MNet 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 1.32%, down 19 bps year over year; NIM at 3.92%.
  • Asset quality: problem loans at 1.43% of loans (-11 bps YoY), with net charge-offs at 0.19%.
  • Capital: net worth / assets of 16.45%, down 102 bps from a year ago.
  • Funding: loans stand at 101.30% of shares as of Q4 2019.

Financial Results

Return on Assets (quarter, annualized)

1.32%-19 bps YoY

Net Interest Margin (quarter, annualized)

3.92%-30 bps YoY

Efficiency Ratio (quarter, annualized)

68.34%+419 bps YoY

Net Worth / Assets

16.45%-102 bps YoY

Discrete quarter, annualized.

MetricQ4 2018Q1 2019Q2 2019Q3 2019Q4 2019YoY ΔTrend
Earnings
Return on Assets1.51%1.31%1.50%1.51%1.32%-19 bps
Return on Equity8.65%7.78%9.06%9.03%8.05%-60 bps
Net Interest Margin4.23%4.18%4.02%4.00%3.92%-30 bps
Efficiency Ratio64.15%66.52%66.60%66.51%68.34%+419 bps
Growth
Asset Growth (YoY)11.10%11.90%14.10%14.59%15.48%+438 bps
Loan Growth (YoY)11.96%9.76%8.85%9.47%12.90%+95 bps
Share Growth (YoY)7.04%7.68%12.86%16.31%17.48%+1,044 bps
Asset Quality
Delinquent Loans / Loans1.55%1.42%1.35%1.47%1.43%-11 bps
Net Charge-Offs / Loans0.28%0.25%0.23%0.21%0.19%-9 bps
Allowance / Loans1.04%1.12%1.02%0.96%0.94%-10 bps
Capital
Risk-Based Capital17.47%16.85%16.56%16.69%16.45%-102 bps
Net Worth / Assets17.47%16.85%16.56%16.69%16.45%-102 bps
Liquidity & Funding
Loans / Shares105.41%99.22%97.63%99.88%101.30%-411 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps