Sterling Hgts, MI · Charter 7927
NCUA · 1 branch
Q3 2024
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 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.27% | -0.42% | -0.15% | -0.07% | -0.34% | -1.11% | -2.14% | -2.49% | -241 bps | |
| Return on Equity | 3.05% | -5.93% | -1.92% | -0.92% | -4.55% | -17.54% | -38.99% | -50.58% | -4,967 bps | |
| Net Interest Margin | 2.40% | 1.48% | 1.73% | 1.89% | 1.72% | 1.08% | 1.42% | 1.64% | -25 bps | |
| Efficiency Ratio | 91.04% | 110.47% | 101.34% | 101.12% | 106.19% | 128.26% | 124.02% | 141.47% | +4,035 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -7.28% | 2.02% | 12.28% | 13.98% | 11.33% | 3.37% | 11.01% | 14.63% | +65 bps | |
| Loan Growth (YoY) | -2.93% | -4.39% | 1.27% | -0.24% | 3.05% | 1.40% | -2.90% | -3.33% | -309 bps | |
| Share Growth (YoY) | -17.07% | 1.83% | 13.46% | 26.58% | 17.83% | 4.61% | 11.72% | 17.97% | -861 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.53% | 0.09% | 1.46% | 1.62% | 4.08% | 1.70% | 0.65% | 0.99% | -63 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.09% | 1.00% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 8.72% | 7.02% | 7.55% | 8.07% | 7.49% | 6.32% | 5.50% | 4.91% | -315 bps | |
| Net Worth / Assets | 8.72% | 7.02% | 7.55% | 8.07% | 7.49% | 6.32% | 5.50% | 4.91% | -315 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 85.59% | 62.93% | 71.21% | 73.60% | 74.84% | 61.00% | 61.89% | 60.31% | -1,329 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |