PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Etowah Steelworkers

Gadsden, AL · Charter 97076

NCUA · 9 branches

Q1 2025

$456.9MAssets
$276.7MLoans
$425.9MShares
$45.8MNet 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 0.55%, up 24 bps year over year; NIM at 2.93%.
  • Asset quality: problem loans at 0.74% of loans (+34 bps YoY).
  • Capital: net worth / assets of 10.02%, down 73 bps from a year ago.
  • Funding: loans stand at 64.97% of shares as of Q1 2025.

Financial Results

Return on Assets (YTD, annualized)

0.55%+24 bps YoY

Net Interest Margin (YTD, annualized)

2.93%-6 bps YoY

Efficiency Ratio (YTD, annualized)

78.68%-733 bps YoY

Net Worth / Assets

10.02%-73 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2024Q2 2024Q3 2024Q4 2024Q1 2025YoY ΔTrend
Earnings
Return on Assets0.31%0.43%0.62%0.59%0.55%+24 bps
Return on Equity2.87%4.12%6.03%5.73%5.50%+263 bps
Net Interest Margin2.99%2.91%2.82%2.83%2.93%-6 bps
Efficiency Ratio86.01%82.26%79.62%80.36%78.68%-733 bps
Growth
Asset Growth (YoY)1.45%5.03%10.47%12.02%14.52%+1,308 bps
Loan Growth (YoY)4.20%2.68%2.08%2.03%1.78%-241 bps
Share Growth (YoY)4.94%8.37%11.46%14.56%11.90%+696 bps
Asset Quality
Delinquent Loans / Loans0.41%0.45%0.35%0.55%0.74%+34 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital10.74%10.50%10.26%10.24%10.02%-73 bps
Net Worth / Assets10.74%10.50%10.26%10.24%10.02%-73 bps
Liquidity & Funding
Loans / Shares71.43%70.68%68.65%67.09%64.97%-646 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps