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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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  Jun 2018 Jun 2019 %Chg
ASSETS  
Cash & Cash Equivalents $224,475,496 $357,954,675 59.46%
Government Securities $93,649,518 $63,846,960 -31.82%
Corporate CU $2,431,899 $2,431,899 0.00%
Deposit in Banks and S&L's $555,000 $150,000 -72.97%
Mutual Funds $0 $0
All Other Investments $10,836,700 $10,454,200 -3.53%
Total Investments $331,948,613 $434,837,734 31.00%
       
Real Estate Loans $952,432,272 $1,077,342,039 13.11%
Auto Loans $1,673,317,344 $1,663,860,803 -0.57%
All Other Loans $275,276,387 $295,206,662 7.24%
Total Loans $2,901,026,003 $3,036,409,504 4.67%
       
(Loan Loss Allow) ($9,668,873) ($9,612,931) -0.58%
       
Foreclosed & Repossessed Property $527,426 $756,325 43.40%
Land & Buildings $68,795,613 $67,575,596 -1.77%
Other Fixed Assets $14,225,282 $12,939,204 -9.04%
All Other Assets $70,730,465 $156,641,179 121.46%
TOTAL ASSETS $3,377,584,529 $3,699,546,611 9.53%
       
LIABILITIES & CAPITAL      
Dividends Payable $0 $0
Notes Payable $188,319,417 $198,368,458 5.34%
Reverse Repurchase Agreements $0 $0
Other Liabilities $46,353,130 $45,225,889 -2.43%
Total Liabilities
$234,672,547 $243,594,347 3.80%
       
Regular Shares & Deposits $1,046,657,935 $1,053,467,320 0.65%
Money Market Shares $154,629,925 $169,650,931 9.71%
Share Drafts $535,420,313 $573,181,245 7.05%
IRA & Keogh $153,861,307 $169,701,993 10.30%
Share Certificates $853,593,078 $1,055,019,761 23.60%
Total Shares $2,744,162,558 $3,021,021,250 10.09%
       
Regular Reserve $15,187,886 $15,187,886 0.00%
FASB 115 Val Reserves ($14,897,854) ($13,695,248) 8.07%
Undivided Earnings & Other Reserves $387,119,073 $422,098,057 9.04%
Equity Acquired in Merger $11,340,319 $11,340,319 0.00%
Total Reserves & Undivided Earnings $398,749,424 $434,931,014 9.07%
TOTAL LIABILITIES & CAPITAL $3,377,584,529 $3,699,546,611 9.53%
       
DELINQUENT LOANS      
2-6 Months Delinq. $4,233,533 $6,559,064 54.93%
6-12 Months $0 $246,263 Infinity
Over 12 Months $111,043 $0 -100.00%
Total Delinquent Loans $4,344,576 $6,805,327 56.64%
Bankruptcies $2,306,951 $2,843,361 23.25%
Net Chargeoff (Recov) $4,793,496 $5,006,655 4.45%
 
Loan Portfolio Profile   % of Total
Unsecured Credit Card $97,825,280 3.22%
All Other Unsecured $163,905,944 5.40%
Student Loans $0 0.00%
New Auto $702,551,168 23.14%
Used Auto $961,309,635 31.66%
1st Mortgage $973,951,260 32.08%
Other Real Estate $103,390,779 3.41%
Other Loans $33,475,438 1.10%
First Mtg Fixed Rate included in above 623,199,097 20.52%
Unused Credit/Tot. Invest+Cash 71.27%  
 
  YTD 2018 YTD 2019 %Chg
INCOME:  
Loans $52,241,778 $60,805,341 16.39%
(Less Rebates) $0 $0
Investments $2,634,242 $4,333,930 64.52%
Fee Income $14,788,309 $15,343,765 3.76%
Trading + Other Operating $23,988,461 $23,379,286 -2.54%
Total Income $93,652,790 $103,862,322 10.90%
       
EXPENSES:
Employee Compensation & Benefits $28,357,284 $30,531,581 7.67%
Travel & Conference $395,911 $451,209 13.97%
Office Occupancy $3,452,056 $3,570,861 3.44%
Office Operations $11,337,518 $12,241,448 7.97%
Education & Promotional $1,436,746 $1,842,397 28.23%
Loan Servicing $973,547 $1,298,939 33.42%
Professional Services $8,631,828 $8,929,904 3.45%
Member Insurance $48,932 $28,073 -42.63%
Operating Fees $45,600 $62,705 37.51%
Miscellaneous $2,215,209 $1,584,088 -28.49%
Operating Expense Subtotal $56,894,631 $60,541,205 6.41%
       
Provision for Loan Losses $4,691,214 $4,731,052 0.85%
Operating Exp. + Provision for Loan Losses $61,585,845 $65,272,257 5.99%
       
Non-Operating Gain (Loss) ($99,985) ($123,990) -24.01%
Income before Dividends $31,966,960 $38,466,075 20.33%
Interest on Borrowed Funds $1,877,748 $2,232,234 18.88%
Dividends $11,450,371 $17,725,807 54.81%
Net Income Prior to Assessments $18,638,841 $18,508,034 -0.70%
Net NCUSIF & TCCUSIF Expenses $0 $0 -253.80%
Net Income $18,638,841 $18,508,034 -0.70%
       
SELECTED OPERATING DATA:      
Branches 38 51 34.21%
Members 254,889 278,664 9.33%
Potential Members 23,100,000 23,100,000 0.00%
Employees 722 747 3.39%
Members/Employee 353 373 5.74%
Average Salary & Benefits/Employee $78,552 $81,799 4.13%
Total YTD Loan Originations $588,247,270 $461,102,704 -21.61%
       
KEY RATIOS:
Operating Exp/Income 60.75% 58.29% -4.05%
Dividends/Income 12.23% 17.07% 39.59%
Net Income/Income 19.90% 17.82% -10.46%
Fee+Other Income/Income 41.40% 37.28% -9.95%
Return on Average Assets 1.13% 1.03% -8.65%
Loans/Assets 85.89% 82.08% -4.44%
Net Worth/Assets 12.25% 12.13% -0.98%
Delinquency 0.15% 0.22% 49.66%
% Invest Over 1 yr 29.99% 15.29% -49.00%
Mortgage-Backed Securities/Total Investments 31.53% 16.29% -48.33%
Yield on Investments 1.69% 2.10% 23.91%
Yield on Loans 3.70% 4.03% 9.04%
Average Cost of Funds 0.92% 1.27% 37.45%
Gross Spread 2.65% 2.68% 1.16%
Average Loan Balance $17,007 $17,331 1.91%
Average Share Balance $10,766 $10,841 0.70%
Assets/Employee $4,678,095 $4,955,856 5.94%
Avail for Sale/Total Investments 30.10% 15.46% -48.65%


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