Muskegon Hts., MI · Charter 7810
NCUA · 1 branch
Q3 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2019, the quarter ended September 30, 2019, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Muskegon Hts., MI · Charter 7810
NCUA · 1 branch
Q3 2019
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 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.19% | 0.32% | 0.09% | 0.26% | 0.30% | +11 bps | |
| Return on Equity | 2.22% | 3.53% | 1.03% | 2.92% | 3.26% | +104 bps | |
| Net Interest Margin | 3.10% | 3.25% | 3.05% | 3.14% | 3.25% | +15 bps | |
| Efficiency Ratio | 93.01% | 91.05% | 97.77% | 93.72% | 93.05% | +3 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 0.81% | -0.60% | -1.56% | 0.87% | -1.48% | -229 bps | |
| Loan Growth (YoY) | 0.23% | -3.94% | -5.18% | -3.84% | 3.22% | +299 bps | |
| Share Growth (YoY) | 0.23% | -0.39% | -2.21% | 0.59% | -2.27% | -250 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.27% | 0.34% | 0.28% | 0.35% | 0.21% | -5 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.22% | 0.26% | 0.27% | 0.14% | 0.15% | -7 bps | |
| Capital | |||||||
| Risk-Based Capital | 8.76% | 8.96% | 8.86% | 9.05% | 9.29% | +53 bps | |
| Net Worth / Assets | 8.76% | 8.96% | 8.86% | 9.05% | 9.29% | +53 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 75.92% | 73.34% | 70.43% | 72.95% | 80.19% | +426 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |