Salisbury, MD · Charter 9585
NCUA · 1 branch
Q3 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2021, the quarter ended September 30, 2021, 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.
Salisbury, MD · Charter 9585
NCUA · 1 branch
Q3 2021
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 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.25% | 0.24% | 0.59% | -7.83% | -4.83% | -609 bps | |
| Return on Equity | 6.33% | 1.26% | 3.03% | -52.39% | -30.90% | -3,723 bps | |
| Net Interest Margin | 2.88% | 1.94% | 2.18% | -5.06% | -2.58% | -546 bps | |
| Efficiency Ratio | 56.09% | 82.36% | 74.18% | n/a | n/a | n/a | |
| Growth | |||||||
| Asset Growth (YoY) | 4.38% | 4.08% | 3.69% | 3.23% | -1.13% | -550 bps | |
| Loan Growth (YoY) | 13.49% | 12.55% | 4.07% | 1.52% | -8.48% | -2,197 bps | |
| Share Growth (YoY) | 2.41% | 3.48% | 4.37% | 10.48% | 5.62% | +321 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.33% | 0.16% | 0.13% | 0.00% | 0.00% | -33 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.52% | 0.54% | 0.45% | 0.48% | 0.50% | -2 bps | |
| Capital | |||||||
| Risk-Based Capital | 19.75% | 19.29% | 19.44% | 14.94% | 15.65% | -411 bps | |
| Net Worth / Assets | 19.75% | 19.29% | 19.44% | 14.94% | 15.65% | -411 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 55.48% | 54.84% | 52.26% | 48.73% | 48.07% | -741 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |