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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 2020 Mar 2021 %Chg
ASSETS  
Cash & Cash Equivalents $254,963,087 $489,375,410 91.94%
Government Securities $113,257,384 $165,753,589 46.35%
Corporate CU $1,060,237 $1,828,099 72.42%
Deposit in Banks and S&L's $2,976,000 $5,456,000 83.33%
Mutual Funds $13,979,216 $45,747,124 227.25%
All Other Investments $8,860,501 $9,410,700 6.21%
Total Investments $395,096,425 $717,570,922 81.62%
       
Real Estate Loans $1,197,996,182 $1,299,936,543 8.51%
Auto Loans $577,694,908 $655,566,433 13.48%
All Other Loans $142,702,724 $118,864,745 -16.70%
Total Loans $1,918,393,814 $2,074,367,721 8.13%
       
(Loan Loss Allow) ($17,867,160) ($24,283,110) 35.91%
       
Foreclosed & Repossessed Property $5,071,748 $3,324,559 -34.45%
Land & Buildings $46,400,970 $48,585,612 4.71%
Other Fixed Assets $9,428,590 $7,367,693 -21.86%
All Other Assets $64,832,484 $77,769,621 19.95%
TOTAL ASSETS $2,421,356,871 $2,904,703,018 19.96%
       
LIABILITIES & CAPITAL      
Dividends Payable $1,462,590 $1,500,112 2.57%
Notes Payable $139,548,859 $114,255,476 -18.13%
Reverse Repurchase Agreements $0 $0
Other Liabilities $49,966,354 $72,851,118 45.80%
Total Liabilities
$190,977,803 $188,606,706 -1.24%
       
Regular Shares & Deposits $750,286,785 $1,094,881,000 45.93%
Money Market Shares $372,796,753 $471,392,896 26.45%
Share Drafts $230,514,072 $319,602,966 38.65%
IRA & Keogh $122,011,086 $120,691,286 -1.08%
Share Certificates $499,552,746 $427,285,022 -14.47%
Total Shares $1,975,161,442 $2,433,853,170 23.22%
       
Regular Reserve $8,270,000 $8,270,000 0.00%
FASB 115 Val Reserves ($5,410,092) ($8,323,986) -53.86%
Undivided Earnings & Other Reserves $252,357,718 $282,297,128 11.86%
Equity Acquired in Merger $0 $0
Total Reserves & Undivided Earnings $255,217,626 $282,243,142 10.59%
TOTAL LIABILITIES & CAPITAL $2,421,356,871 $2,904,703,018 19.96%
       
DELINQUENT LOANS      
2-6 Months Delinq. $5,235,983 $6,598,997 26.03%
6-12 Months $2,339,848 $2,532,511 8.23%
Over 12 Months $1,511,875 $1,398,032 -7.53%
Total Delinquent Loans $9,087,706 $10,529,540 15.87%
Bankruptcies $1,582,364 $780,619 -50.67%
Net Chargeoff (Recov) $1,149,226 $484,106 -57.88%
 
Loan Portfolio Profile   % of Total
Unsecured Credit Card $36,473,843 1.76%
All Other Unsecured $26,398,284 1.27%
Student Loans $984,735 0.05%
New Auto $216,657,536 10.44%
Used Auto $438,908,897 21.16%
1st Mortgage $1,220,555,577 58.84%
Other Real Estate $79,380,966 3.83%
Other Loans $109,616,748 5.28%
First Mtg Fixed Rate included in above 853,509,032 41.15%
Unused Credit/Tot. Invest+Cash 36.89%  
 
  YTD 2020 YTD 2021 %Chg
INCOME:  
Loans $20,447,886 $19,710,237 -3.61%
(Less Rebates) $0 $0
Investments $680,392 $128,564 -81.10%
Fee Income $5,372,271 $5,442,501 1.31%
Trading + Other Operating $1,453,317 $5,495,561 278.14%
Total Income $27,953,866 $30,776,863 10.10%
       
EXPENSES:
Employee Compensation & Benefits $8,847,945 $8,645,581 -2.29%
Travel & Conference $82,935 $38,834 -53.18%
Office Occupancy $1,283,066 $1,256,526 -2.07%
Office Operations $3,575,887 $4,385,265 22.63%
Education & Promotional $269,350 $207,519 -22.96%
Loan Servicing $1,519,148 $1,541,095 1.44%
Professional Services $1,523,226 $1,995,713 31.02%
Member Insurance $0 $0
Operating Fees $115,000 $113,250 -1.52%
Miscellaneous $409,148 $284,158 -30.55%
Operating Expense Subtotal $17,625,705 $18,467,941 4.78%
       
Provision for Loan Losses $1,550,000 $1,200,000 -22.58%
Operating Exp. + Provision for Loan Losses $19,175,705 $19,667,941 2.57%
       
Non-Operating Gain (Loss) $147,144 $834,481 467.12%
Income before Dividends $8,925,305 $11,943,403 33.82%
Interest on Borrowed Funds $748,816 $677,809 -9.48%
Dividends $4,499,045 $3,403,647 -24.35%
Net Income Prior to Assessments $3,677,444 $7,861,947 113.79%
Net NCUSIF & TCCUSIF Expenses $0 $0 -28.84%
Net Income $3,677,444 $7,861,947 113.79%
       
SELECTED OPERATING DATA:      
Branches 29 28 -3.45%
Members 174,659 180,184 3.16%
Potential Members 1,216,552 1,324,510 8.87%
Employees 458 443 -3.17%
Members/Employee 382 407 6.54%
Average Salary & Benefits/Employee $77,359 $78,064 0.91%
Total YTD Loan Originations $133,817,069 $193,317,766 44.46%
       
KEY RATIOS:
Operating Exp/Income 63.05% 60.01% -4.83%
Dividends/Income 16.09% 11.06% -31.29%
Net Income/Income 13.16% 25.54% 94.18%
Fee+Other Income/Income 33.43% 35.54% 6.30%
Return on Average Assets 0.62% 1.11% 80.44%
Loans/Assets 79.23% 71.41% -9.86%
Net Worth/Assets 10.74% 9.98% -7.08%
Delinquency 0.47% 0.51% 7.15%
% Invest Over 1 yr 24.42% 28.17% 15.32%
Mortgage-Backed Securities/Total Investments 0.62% 0.31% -49.47%
Yield on Investments -2.26% 0.08% -90.11%
Yield on Loans (including Loans Held-for-Sale) 4.26% 3.82% -10.49%
Average Cost of Funds 1.01% 0.66% -34.60%
Gross Spread 2.42% 2.47% 1.85%
Average Loan Balance $20,464 $22,658 10.72%
Average Share Balance $11,309 $13,508 19.44%
Assets/Employee $5,292,583 $6,556,892 23.89%
Avail for Sale/Total Investments 0.00% 0.00%


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