Cleveland, OH · Charter 96787
NCUA · 1 branch
Q3 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2024, the quarter ended September 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=1,754 to 1,761). 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
100
Profitability
20
Liquidity
0
Efficiency
1
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.
Cleveland, OH · Charter 96787
NCUA · 1 branch
Q3 2024
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 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -3.35% | 0.19% | 0.53% | 0.50% | -3.34% | 0 bps | |
| Return on Equity | -18.52% | 1.02% | 2.25% | 2.05% | -14.14% | +438 bps | |
| Net Interest Margin | 2.02% | 2.27% | 3.44% | 3.30% | 3.49% | +147 bps | |
| Efficiency Ratio | 138.41% | 94.42% | 84.71% | 85.03% | 195.61% | +5,720 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -9.77% | -7.04% | -26.11% | -26.07% | -27.82% | -1,805 bps | |
| Loan Growth (YoY) | 15.79% | 71.90% | -21.68% | -21.94% | -61.67% | -7,746 bps | |
| Share Growth (YoY) | -11.39% | -7.77% | -32.46% | -31.43% | -32.24% | -2,086 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 9.98% | 0.00% | 0.00% | 0.00% | 0.00% | -998 bps | |
| Capital | |||||||
| Risk-Based Capital | 18.08% | 18.69% | 23.38% | 24.21% | 23.66% | +558 bps | |
| Net Worth / Assets | 18.08% | 18.69% | 23.38% | 24.21% | 23.66% | +558 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 23.69% | 32.49% | 17.58% | 16.36% | 13.40% | -1,029 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Cleveland, OH · Charter 96787 · Peer group: credit unions under $1B in assets (n=1,754-1,761)
NCUA · 1 branch
Q3 2024
Return on Assets
-3.12%
Rank 1,733 of 1,761
Net Interest Margin
3.74%
Rank 774 of 1,761
Efficiency Ratio
183.33%
Rank 1,743 of 1,754
Equity / Assets
23.83%
Rank 121 of 1,761
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -3.12% | 0.26% | 0.70% | 1.22% | Beats 2% | 1,733 / 1,761 | |
| Return on Equity | -13.07% | 2.09% | 5.52% | 9.08% | Beats 3% | 1,705 / 1,761 | |
| Net Interest Margin | 3.74% | 3.03% | 3.59% | 4.25% | Beats 56% | 774 / 1,761 | |
| Efficiency Ratio | 183.33% | 68.95% | 77.94% | 87.14% | Beats 1% | 1,743 / 1,754 | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.26% | 0.65% | 1.27% | Beats 100% | 134 / 1,757 | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution | |||||
| Capital | |||||||
| Tier 1 Capital Ratio | 23.66% | 10.05% | 12.42% | 15.87% | Beats 93% | 123 / 1,761 | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | |||||
| Equity / Assets | 23.83% | 10.05% | 12.42% | 15.87% | Beats 93% | 121 / 1,761 | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 13.40% | 56.21% | 73.13% | 85.64% | 1st pctl | 1,748 / 1,759 | |
| Loans / Assets | 10.28% | 47.85% | 62.48% | 73.19% | 1st pctl | 1,749 / 1,761 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | |||||