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Welcome to Search & Analyze!


Welcome to Search & Analyze on CreditUnions.com.

This is a paid feature on CreditUnions.com designed to help credit unions find other executives, build peer groups, and perform simple financial analysis. Want to gain access to these features? Click below to find the subscription option that works best for you.

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Welcome to Search & Analyze!


Welcome to Search & Analyze on CreditUnions.com.

This is a paid feature on CreditUnions.com designed to help suppliers better research and target credit unions across the United States. Subscribers can build lists, research credit union contact and vendor names, and much more! Click below to find the subscription option that works best for you.

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Welcome to Search & Analyze!


Welcome to Search & Analyze on CreditUnions.com.

This is a paid feature on CreditUnions.com designed to help credit unions find other executives, build peer groups, and perform simple financial analysis. Want to gain access to these features? Click below to find the subscription option that works best for you.

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  Mar 2019 Mar 2020 %Chg
ASSETS  
Cash & Cash Equivalents $511,056,843 $365,188,153 -28.54%
Government Securities $245,290,234 $197,541,056 -19.47%
Corporate CU $0 $0
Deposit in Banks and S&L's $0 $0
Mutual Funds $0 $0
All Other Investments $53,661,845 $52,202,266 -2.72%
Total Investments $810,008,922 $614,931,475 -24.08%
       
Real Estate Loans $2,773,037,802 $2,965,525,235 6.94%
Auto Loans $1,617,833,649 $1,848,182,808 14.24%
All Other Loans $233,941,355 $278,847,565 19.20%
Total Loans $4,624,812,806 $5,092,555,608 10.11%
       
(Loan Loss Allow) ($6,670,076) ($8,345,235) 25.11%
       
Foreclosed & Repossessed Property $954,641 $706,027 -26.04%
Land & Buildings $66,025,386 $128,277,662 94.29%
Other Fixed Assets $11,658,833 $14,392,650 23.45%
All Other Assets $185,766,342 $538,754,365 190.02%
TOTAL ASSETS $5,692,556,854 $6,381,272,552 12.10%
       
LIABILITIES & CAPITAL      
Dividends Payable $314 $404 28.66%
Notes Payable $60,461,218 $108,074,328 78.75%
Reverse Repurchase Agreements $37,394,375 $0 -100.00%
Other Liabilities $107,825,885 $171,929,293 59.45%
Total Liabilities
$205,681,792 $280,004,025 36.13%
       
Regular Shares & Deposits $1,893,781,420 $2,085,915,356 10.15%
Money Market Shares $1,654,794,230 $1,747,955,619 5.63%
Share Drafts $270,399,928 $298,926,620 10.55%
IRA & Keogh $216,878,885 $232,292,241 7.11%
Share Certificates $711,898,762 $928,808,571 30.47%
Total Shares $4,747,753,225 $5,293,898,407 11.50%
       
Regular Reserve $49,443,589 $49,443,589 0.00%
FASB 115 Val Reserves ($1,530,625) $4,617,174 401.65%
Undivided Earnings & Other Reserves $691,208,873 $753,309,357 8.98%
Equity Acquired in Merger $0 $0
Total Reserves & Undivided Earnings $739,121,837 $807,370,120 9.23%
TOTAL LIABILITIES & CAPITAL $5,692,556,854 $6,381,272,552 12.10%
       
DELINQUENT LOANS      
2-6 Months Delinq. $7,890,748 $9,253,927 17.28%
6-12 Months $992,369 $1,111,938 12.05%
Over 12 Months $387,805 $452,774 16.75%
Total Delinquent Loans $9,270,922 $10,818,639 16.69%
Bankruptcies $2,524,324 $1,936,828 -23.27%
Net Chargeoff (Recov) $1,886,450 $1,407,178 -25.41%
 
Loan Portfolio Profile   % of Total
Unsecured Credit Card $0 0.00%
All Other Unsecured $184,915,445 3.63%
Student Loans $1,322,297 0.03%
New Auto $1,543,217,974 30.30%
Used Auto $304,964,834 5.99%
1st Mortgage $2,624,235,433 51.53%
Other Real Estate $341,289,802 6.70%
Other Loans $93,932,120 1.84%
First Mtg Fixed Rate included in above 2,339,219,920 45.93%
Unused Credit/Tot. Invest+Cash 98.08%  
 
  YTD 2019 YTD 2020 %Chg
INCOME:  
Loans $44,785,259 $53,160,348 18.70%
(Less Rebates) $0 ($365,138) -Infinity
Investments $4,265,425 $2,329,954 -45.38%
Fee Income $4,092,075 $4,177,012 2.08%
Trading + Other Operating $12,226,291 $21,298,022 74.20%
Total Income $65,369,050 $80,600,198 23.30%
       
EXPENSES:
Employee Compensation & Benefits $19,623,705 $24,921,073 26.99%
Travel & Conference $284,698 $349,689 22.83%
Office Occupancy $1,501,428 $2,222,397 48.02%
Office Operations $6,116,211 $7,732,326 26.42%
Education & Promotional $5,947,347 $2,849,199 -52.09%
Loan Servicing $999,614 $1,802,674 80.34%
Professional Services $933,541 $1,833,450 96.40%
Member Insurance $0 $0
Operating Fees $69,236 $78,682 13.64%
Miscellaneous $330,022 ($126,578) -138.35%
Operating Expense Subtotal $35,805,802 $41,662,912 16.36%
       
Provision for Loan Losses $2,003,707 $2,799,109 39.70%
Operating Exp. + Provision for Loan Losses $37,809,509 $44,462,021 17.59%
       
Non-Operating Gain (Loss) ($1,480,263) ($13,773,306) -830.46%
Income before Dividends $26,079,278 $22,364,871 -65.07%
Interest on Borrowed Funds $524,396 $869,305 65.77%
Dividends $8,608,601 $11,866,877 37.85%
Net Income Prior to Assessments $16,946,281 $9,628,689 -43.18%
Net NCUSIF & TCCUSIF Expenses $0 $0
Net Income $16,946,281 $9,628,689 -43.18%
       
SELECTED OPERATING DATA:      
Branches * 33 37 12.12%
Members 347,312 382,331 10.08%
Potential Members 4,763,770 4,843,523 1.67%
Employees 873 1,027 17.64%
Members/Employee 398 372 -6.42%
Average Salary & Benefits/Employee $89,914 $97,064 7.95%
Total YTD Loan Originations $475,874,905 $765,542,084 60.87%
       
KEY RATIOS:
Operating Exp/Income 54.77% 51.69% -5.63%
Dividends/Income 13.17% 14.72% 11.80%
Net Income/Income 25.92% 11.95% -53.92%
Fee+Other Income/Income 24.96% 32.27% 29.27%
Return on Average Assets 1.20% 0.59% -51.04%
Loans/Assets 81.24% 79.80% -1.77%
Net Worth/Assets 13.01% 12.58% -3.31%
Delinquency 0.20% 0.21% 5.98%
% Invest Over 1 yr 24.11% 35.83% 48.61%
Mortgage-Backed Securities/Total Investments 38.21% 45.85% 19.99%
Yield on Investments 2.19% 1.25% -25.97%
Yield on Loans 3.90% 4.25% 8.86%
Average Cost of Funds 0.73% 0.91% 19.80%
Gross Spread 2.97% 2.83% -4.53%
Average Loan Balance $25,376 $25,439 0.25%
Average Share Balance $13,670 $13,846 1.29%
Assets/Employee $6,520,684 $6,213,508 -4.71%
Avail for Sale/Total Investments 0.00% 0.00%

* The number of branches is not available for the current quarter. The previous quarter's value is used in its place.
+ as currently reported by the NCUA
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