Bluffton, IN · Charter 82753
NCUA · 1 branch
Q2 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2024, the quarter ended June 30, 2024, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Credit unions under $1B in assets (n=1,748 to 1,753). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
93
Asset Quality
18
Profitability
4
Liquidity
0
Efficiency
0
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Bluffton, IN · Charter 82753
NCUA · 1 branch
Q2 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 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.38% | -2.35% | -3.63% | -6.91% | -4.74% | -4.65% | -11.52% | -6.91% | 0 bps | |
| Return on Equity | -13.44% | -12.07% | -15.69% | -29.06% | -39.26% | -24.90% | -142.71% | -30.48% | -143 bps | |
| Net Interest Margin | 1.41% | 2.23% | 5.62% | 2.46% | 5.88% | 6.06% | 1.79% | 2.46% | 0 bps | |
| Efficiency Ratio | 206% | 175.07% | 156.51% | 352% | 160.04% | 144.73% | 710% | 352% | 0 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.84% | -5.53% | -26.98% | -29.60% | -37.39% | -36.28% | -16.79% | 0.00% | +2,960 bps | |
| Loan Growth (YoY) | 62.18% | 63.27% | 46.01% | 6.63% | 6.59% | 5.33% | -4.03% | 0.00% | -663 bps | |
| Share Growth (YoY) | 6.37% | -4.91% | -29.82% | -32.60% | -40.58% | -35.20% | -9.93% | 0.00% | +3,260 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.53% | 0.63% | 4.04% | 1.60% | 2.17% | 1.37% | 0.52% | 1.60% | 0 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 | 3.17% | 2.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 17.74% | 19.48% | 23.14% | 23.78% | 12.08% | 18.66% | 8.07% | 22.67% | -111 bps | |
| Net Worth / Assets | 17.74% | 19.48% | 23.14% | 23.78% | 12.08% | 18.66% | 8.07% | 22.67% | -111 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 20.51% | 24.49% | 29.41% | 29.70% | 36.79% | 39.81% | 31.33% | 29.70% | 0 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Bluffton, IN · Charter 82753 · Peer group: credit unions under $1B in assets (n=1,748-1,753)
NCUA · 1 branch
Q2 2024
Return on Assets
-6.80%
Rank 1,741 of 1,753
Net Interest Margin
2.43%
Rank 1,576 of 1,752
Efficiency Ratio
338%
Rank 1,745 of 1,748
Equity / Assets
22.72%
Rank 130 of 1,752
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -6.80% | 0.23% | 0.68% | 1.19% | Beats 1% | 1,741 / 1,753 | n/a | |
| Return on Equity | -29.95% | 1.80% | 5.29% | 9.05% | Beats 2% | 1,718 / 1,750 | n/a | |
| Net Interest Margin | 2.43% | 2.98% | 3.54% | 4.20% | Beats 10% | 1,576 / 1,752 | n/a | |
| Efficiency Ratio | 338% | 69.58% | 78.86% | 88.33% | Beats 0% | 1,745 / 1,748 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 1.60% | 0.22% | 0.59% | 1.20% | Beats 18% | 1,441 / 1,748 | n/a | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 22.67% | 9.91% | 12.21% | 15.57% | Beats 93% | 131 / 1,753 | n/a | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 22.72% | 9.91% | 12.21% | 15.57% | Beats 93% | 130 / 1,752 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 29.70% | 55.88% | 73.01% | 86.61% | 4th pctl | 1,678 / 1,750 | n/a | |
| Loans / Assets | 22.84% | 48.21% | 62.51% | 73.23% | 3rd pctl | 1,694 / 1,752 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||