Muncie, IN · Charter 82785
NCUA · 1 branch
Q4 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2022, the quarter ended December 31, 2022, 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.
Muncie, IN · Charter 82785
NCUA · 1 branch
Q4 2022
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 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.54% | -0.09% | 0.11% | 0.09% | 0.47% | -7 bps | |
| Return on Equity | 2.32% | -0.38% | 0.46% | 0.38% | 1.81% | -51 bps | |
| Net Interest Margin | 6.50% | 5.19% | 5.22% | 5.30% | 5.87% | -63 bps | |
| Efficiency Ratio | 91.79% | 101.71% | 97.92% | 98.26% | 92.06% | +27 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 5.78% | 0.40% | -4.35% | -6.50% | -10.89% | -1,666 bps | |
| Loan Growth (YoY) | -26.18% | -22.96% | -17.87% | -18.64% | -10.14% | +1,604 bps | |
| Share Growth (YoY) | 7.66% | 1.12% | -5.52% | -8.48% | -14.19% | -2,185 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 6.69% | 6.58% | 5.69% | 5.64% | 5.26% | -143 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 14.80% | 15.34% | 14.75% | 16.07% | 16.09% | +129 bps | |
| Capital | |||||||
| Risk-Based Capital | 23.23% | 24.30% | 24.47% | 24.88% | 26.08% | +285 bps | |
| Net Worth / Assets | 23.23% | 24.30% | 24.47% | 24.88% | 26.08% | +285 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 47.69% | 48.87% | 49.92% | 46.82% | 49.94% | +225 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |