PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Franklin County School Employees

Columbus, OH · Charter 7772

NCUA · 2 branches

Q3 2024

$34.3MAssets
$15.1MLoans
$29.9MShares
$3.6MNet Worth

Executive Summary

  • Earnings: ROA of -0.26%, down 94 bps year over year; NIM at 3.25%.
  • Asset quality: problem loans at 0.40% of loans (+33 bps YoY).
  • Capital: net worth / assets of 10.50%, up 35 bps from a year ago.
  • Funding: loans stand at 50.57% of shares as of Q3 2024.

Return on Assets (YTD, annualized)

-0.26%-94 bps YoY

Net Interest Margin (YTD, annualized)

3.25%+18 bps YoY

Efficiency Ratio (YTD, annualized)

103.82%+2,208 bps YoY

Net Worth / Assets

10.50%+35 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024YoY ΔTrend
Earnings
Return on Assets0.19%0.61%0.70%0.68%0.66%0.23%0.32%-0.26%-94 bps
Return on Equity1.97%6.35%7.09%6.68%6.48%2.20%3.02%-2.49%-916 bps
Net Interest Margin2.30%2.95%3.00%3.07%3.05%3.07%3.15%3.25%+18 bps
Efficiency Ratio90.57%82.58%81.47%81.74%81.24%93.69%89.64%103.82%+2,208 bps
Growth
Asset Growth (YoY)-0.09%-1.38%-0.47%-2.02%-2.02%-2.07%-3.67%-3.63%-161 bps
Loan Growth (YoY)17.37%14.32%11.77%8.07%11.71%9.90%8.94%7.25%-82 bps
Share Growth (YoY)-0.91%-1.80%-0.81%-1.96%-1.45%-2.05%-3.79%-4.61%-265 bps
Asset Quality
Delinquent Loans / Loans0.32%0.14%0.37%0.07%0.07%0.64%0.18%0.40%+33 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.58%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital9.39%9.67%9.81%10.15%10.25%10.44%10.66%10.50%+35 bps
Net Worth / Assets9.39%9.67%9.81%10.15%10.25%10.44%10.66%10.50%+35 bps
Liquidity & Funding
Loans / Shares40.92%41.70%43.10%44.98%46.38%46.79%48.80%50.57%+559 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps