PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Goodyear Employees

Akron, OH · Charter 96718

NCUA · 1 branch

Q3 2022

$5.4MAssets
$2.8MLoans
$4.5MShares
$814KNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of -2.00%, down 122 bps year over year; NIM at 2.05%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 15.17%, down 122 bps from a year ago.
  • Funding: loans stand at 61.73% of shares as of Q3 2022.

Financial Results

Return on Assets (quarter, annualized)

-2.00%-122 bps YoY

Net Interest Margin (quarter, annualized)

2.05%+21 bps YoY

Efficiency Ratio (quarter, annualized)

219%+8,480 bps YoY

Net Worth / Assets

15.17%-122 bps YoY

Discrete quarter, annualized.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets-0.77%-0.94%-0.93%0.28%-2.00%-122 bps
Return on Equity-4.71%-5.91%-5.85%1.76%-13.16%-845 bps
Net Interest Margin1.84%1.87%1.85%1.86%2.05%+21 bps
Efficiency Ratio134.48%142.16%178.97%89.24%219%+8,480 bps
Growth
Asset Growth (YoY)6.54%6.39%-0.49%-1.85%-3.86%-1,040 bps
Loan Growth (YoY)24.43%28.38%6.72%9.01%10.46%-1,397 bps
Share Growth (YoY)8.97%8.90%0.70%-1.68%-4.10%-1,307 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.79%0.79%0.66%0.66%0.60%-19 bps
Capital
Risk-Based Capital16.39%15.88%15.93%16.15%15.17%-122 bps
Net Worth / Assets16.39%15.88%15.93%16.15%15.17%-122 bps
Liquidity & Funding
Loans / Shares53.60%54.86%53.75%56.50%61.73%+814 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps