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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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  Dec 2019 Dec 2020 %Chg
ASSETS  
Cash & Cash Equivalents $8,921,765,872 $8,729,176,060 -2.16%
Government Securities $6,547,818,438 $12,568,190,348 91.94%
Corporate CU $338,912 $338,912 0.00%
Deposit in Banks and S&L's $0 $0
Mutual Funds $0 $0
All Other Investments $116,306,737 $105,665,055 -9.15%
Total Investments $15,586,229,959 $21,403,370,375 37.32%
       
Real Estate Loans $19,285,486,116 $19,435,826,739 0.78%
Auto Loans $2,880,432,167 $2,888,038,084 0.26%
All Other Loans $2,291,553,561 $2,281,544,005 -0.44%
Total Loans $24,457,471,844 $24,605,408,828 0.60%
       
(Loan Loss Allow) ($285,343,187) ($413,452,421) 44.90%
       
Foreclosed & Repossessed Property $6,426,005 $9,839,922 53.13%
Land & Buildings $994,899,271 $1,067,257,332 7.27%
Other Fixed Assets $173,098,944 $197,301,307 13.98%
All Other Assets $443,903,726 $506,362,979 14.07%
TOTAL ASSETS $41,376,686,562 $47,376,088,322 14.50%
       
LIABILITIES & CAPITAL      
Dividends Payable $26,767,281 $8,480,608 -68.32%
Notes Payable $0 $0
Reverse Repurchase Agreements $0 $0
Other Liabilities $373,754,400 $412,784,499 10.44%
Total Liabilities
$400,521,681 $421,265,107 5.18%
       
Regular Shares & Deposits $4,783,978,637 $6,496,218,569 35.79%
Money Market Shares $19,219,434,828 $21,579,056,951 12.28%
Share Drafts $4,173,879,670 $6,079,651,269 45.66%
IRA & Keogh $4,034,351,321 $4,067,560,802 0.82%
Share Certificates $5,251,916,870 $4,902,928,297 -6.64%
Total Shares $37,463,561,326 $43,125,415,888 15.11%
       
Regular Reserve $1,845,000,000 $1,845,000,000 0.00%
FASB 115 Val Reserves ($6,464,693) $61,922,251 1057.85%
Undivided Earnings & Other Reserves $1,672,273,271 $1,920,690,099 14.86%
Equity Acquired in Merger $1,794,977 $1,794,977 0.00%
Total Reserves & Undivided Earnings $3,512,603,555 $3,829,407,327 9.02%
TOTAL LIABILITIES & CAPITAL $41,376,686,562 $47,376,088,322 14.50%
       
DELINQUENT LOANS      
2-6 Months Delinq. $379,318,228 $272,801,358 -28.08%
6-12 Months $65,759,560 $65,901,271 0.22%
Over 12 Months $23,934,244 $30,162,959 26.02%
Total Delinquent Loans $469,012,032 $368,865,588 -21.35%
Bankruptcies $66,718,601 $47,900,653 -28.20%
Net Chargeoff (Recov) $102,510,980 $73,028,659 -28.76%
 
Loan Portfolio Profile   % of Total
Unsecured Credit Card $797,738,818 3.24%
All Other Unsecured $1,440,493,514 5.85%
Student Loans $0 0.00%
New Auto $805,440,196 3.27%
Used Auto $2,082,597,888 8.46%
1st Mortgage $18,435,349,695 74.92%
Other Real Estate $1,000,477,044 4.07%
Other Loans $86,623,346 0.35%
First Mtg Fixed Rate included in above 3,561,625,664 14.47%
Unused Credit/Tot. Invest+Cash 15.38%  
 
  YTD 2019 YTD 2020 %Chg
INCOME:  
Loans $1,186,240,790 $1,197,974,003 0.99%
(Less Rebates) $0 $0
Investments $292,898,185 $150,358,807 -48.67%
Fee Income $104,022,631 $106,921,340 2.79%
Trading + Other Operating $191,252,089 $200,681,278 4.93%
Total Income $1,774,413,695 $1,655,935,428 -6.68%
       
EXPENSES:
Employee Compensation & Benefits $545,187,829 $584,880,050 7.28%
Travel & Conference $4,559,385 $2,358,502 -48.27%
Office Occupancy $75,364,664 $83,775,054 11.16%
Office Operations $195,176,859 $218,839,231 12.12%
Education & Promotional $385,902 $238,618 -38.17%
Loan Servicing $4,778,798 $4,919,388 2.94%
Professional Services $13,006,597 $13,336,986 2.54%
Member Insurance $0 $0
Operating Fees $668,022 $671,550 0.53%
Miscellaneous $22,389,922 $27,696,044 23.70%
Operating Expense Subtotal $861,517,978 $936,715,423 8.73%
       
Provision for Loan Losses $131,000,000 $201,137,892 53.54%
Operating Exp. + Provision for Loan Losses $992,517,978 $1,137,853,315 14.64%
       
Non-Operating Gain (Loss) $4,369,451 $12,419,549 184.24%
Income before Dividends $786,265,168 $530,501,662 -32.53%
Interest on Borrowed Funds $0 $10 Infinity
Dividends $543,246,223 $282,425,791 -48.01%
Net Income Prior to Assessments $243,018,945 $248,075,861 2.08%
Net NCUSIF & TCCUSIF Expenses $0 $0 -103.54%
Net Income $243,018,945 $248,075,861 2.08%
       
SELECTED OPERATING DATA:      
Branches 267 271 1.50%
Members 2,465,313 2,547,942 3.35%
Potential Members 2,465,314 2,547,943 3.35%
Employees 7,141 7,065 -1.07%
Members/Employee 345 361 4.47%
Average Salary & Benefits/Employee $76,346 $82,791 8.44%
Total YTD Loan Originations $9,497,040,963 $9,721,423,203 2.36%
       
KEY RATIOS:
Operating Exp/Income 48.55% 56.57% 16.51%
Dividends/Income 30.62% 17.06% -44.29%
Net Income/Income 13.70% 14.98% 9.38%
Fee+Other Income/Income 16.64% 18.55% 11.46%
Return on Average Assets 0.61% 0.56% -7.77%
Loans/Assets 59.11% 51.94% -12.14%
Net Worth/Assets 8.50% 7.95% -6.50%
Delinquency 1.92% 1.50% -21.83%
% Invest Over 1 yr 28.95% 49.86% 72.23%
Mortgage-Backed Securities/Total Investments 0.00% 0.00%
Yield on Investments 1.97% 0.75% -62.13%
Yield on Loans 5.00% 4.88% -2.29%
Average Cost of Funds 1.49% 0.70% -53.07%
Gross Spread 2.33% 2.40% 2.95%
Average Loan Balance $22,917 $24,062 5.00%
Average Share Balance $15,196 $16,926 11.38%
Assets/Employee $5,794,243 $6,706,220 15.74%
Avail for Sale/Total Investments 0.00% 0.00%


+ as currently reported by the NCUA
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