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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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202006 202106 %Chg
ASSETS      
Cash & Cash Equivalents $354,916,993 $440,126,399 24.01%
Government Securities $0 $0
Corporate CU $11,000,000 $11,000,000 0.00%
Deposit in Banks and S&L's $15,000,000 $15,000,000 0.00%
Mutual Funds $0 $0
All Other Investments $55,170,235 $53,313,062 -3.37%
Total Investments $436,087,228 $519,439,461 19.11%
       
Real Estate Loans $3,943,647,242 $4,298,400,630 9.00%
Auto Loans $1,469,685,212 $1,761,244,178 19.84%
All Other Loans $369,762,576 $730,854,673 97.66%
Total Loans $5,783,095,030 $6,790,499,481 17.42%
       
(Loan Loss Allow) ($42,348,323) ($49,745,693) 17.47%
       
Foreclosed & Repossessed Property $3,432,521 $976,425 -71.55%
Land & Buildings $107,567,960 $109,320,968 1.63%
Other Fixed Assets $11,259,959 $10,178,182 -9.61%
All Other Assets $360,728,818 $318,706,854 -11.65%
TOTAL ASSETS $6,659,823,193 $7,699,375,678 15.61%
       
LIABILITIES & CAPITAL      
Dividends Payable $57,201 $92,068 60.96%
Notes Payable $620,000,000 $530,000,000 -14.52%
Reverse Repurchase Agreements $0 $0
Other Liabilities $85,448,202 $100,595,180 17.73%
Total Liabilities $705,505,403 $630,687,248 -10.60%
       
Regular Shares & Deposits $2,164,020,679 $2,990,933,962 38.21%
Money Market Shares $737,666,098 $1,474,745,004 99.92%
Share Drafts $249,516,837 $87,846,007 -64.79%
IRA & Keogh $238,317,278 $232,076,964 -2.62%
Share Certificates $1,961,730,907 $1,522,733,534 -22.38%
Total Shares $5,351,251,799 $6,308,335,471 17.89%
       
Regular Reserve $180,777,279 $200,711,931 11.03%
FASB 115 Val Reserves ($1,048,790) $155,997 114.87%
Undivided Earnings & Other Reserves $421,741,352 $557,888,881 32.28%
Equity Acquired in Merger $1,596,150 $1,596,150 0.00%
Total Reserves & Undivided Earnings $603,065,991 $760,352,959 26.08%
TOTAL LIABILITIES & CAPITAL $6,659,823,193 $7,699,375,678 15.61%
       
DELINQUENT LOANS      
2-6 Months Delinq. $17,456,209 $14,344,436 -17.83%
6-12 Months $9,148,957 $4,003,459 -56.24%
Over 12 Months $5,119,672 $4,824,439 -5.77%
Total Delinquent Loans $31,724,838 $23,172,334 -26.96%
Bankruptcies $4,718,443 $4,847,333 2.73%
Net Chargeoff (Recov) $10,785,098 $6,576,230 -39.02%
 
Loan Portfolio Profile   % of Total
Unsecured Credit Card $179,306,633 2.64%
All Other Unsecured $426,646,399 6.28%
Student Loans $9,859,424 0.15%
New Auto $622,384,315 9.17%
Used Auto $1,138,859,863 16.77%
1st Mortgage $3,717,846,425 54.75%
Other Real Estate $580,554,205 8.55%
Other Loans $192,443,170 2.83%
First Mtg Fixed Rate included in above $604,828,213 8.91%
Unused Credit/Tot. Invest+Cash 191.38%  
 
  202006 202106 %Chg
INCOME:      
Loans $136,915,606 $153,662,910 12.23%
(Less Rebates) $0 $0
Investments $2,751,963 $1,797,357 -34.69%
Fee Income $8,684,378 $10,558,975 21.59%
Trading + Other Operating $26,417,939 $35,450,743 34.19%
Total Income $174,769,886 $201,469,985 15.28%
       
EXPENSES:
Employee Compensation & Benefits $28,798,807 $35,783,119 24.25%
Travel & Conference $456,524 $560,275 22.73%
Office Occupancy $3,494,618 $5,242,524 50.02%
Office Operations $8,251,017 $9,396,147 13.88%
Education & Promotional $4,133,357 $4,326,260 4.67%
Loan Servicing $4,799,193 $6,994,864 45.75%
Professional Services $3,882,708 $3,505,581 -9.71%
Member Insurance $0 $0
Operating Fees $158,032 $185,502 17.38%
Miscellaneous $8,954,906 $1,966,211 -78.04%
Operating Expense Subtotal $62,929,162 $67,960,483 8.00%
       
Provision for Loan Losses $11,624,910 $7,398,346 -36.36%
Operating Exp. + Provision for Loan Losses $74,554,072 $75,358,829 1.08%
       
Non-Operating Gain (Loss) ($570,702) ($318,535) 44.19%
Income before Dividends $99,645,112 $125,792,621 26.24%
Interest on Borrowed Funds $7,307,614 $6,543,161 -10.46%
Dividends $42,775,337 $28,964,848 -32.29%
Net Income Prior to Assessments $49,562,161 $90,284,612 82.16%
Net NCUSIF & TCCUSIF Expenses $0 $0
Net Income $49,562,161 $90,284,612 82.16%
       
SELECTED OPERATING DATA:      
Branches 27 25 -7.41%
Members 228,863 303,025 32.40%
Potential Members 4,790,000 4,790,000 0.00%
Employees 599.0 643.0 7.35%
Members/Employee 382 471 23.34%
Average Salary & Benefits/Employee $96,156 $111,301 15.75%
Total YTD Loan Originations $2,147,973,943 $2,601,517,782 21.11%
       
KEY RATIOS:
Operating Exp/Income 36.01% 33.73% -6.32%
Dividends/Income 24.48% 14.38% -41.26%
Net Income/Income 28.36% 44.81% 58.02%
Fee+Other Income/Income 20.08% 22.84% 13.70%
Return on Average Assets 1.60% 2.44% 52.71%
Loans/Assets 86.84% 88.20% 1.57%
Net Worth/Assets 9.11% 10.16% 11.61%
Delinquency 0.55% 0.34% -37.79%
% Invest Over 1 yr 16.38% 13.46% -17.85%
Mortgage-Backed Securities/Total Investments 0.00% 0.00%
Yield on Investments 1.36% 0.75% -44.80%
Yield on Loans (including Loans Held-for-Sale) 4.92% 4.70% -4.59%
Average Cost of Funds 1.80% 1.07% -40.29%
Gross Spread 3.16% 3.52% 11.64%
Average Loan Balance $27,278 $24,528 -10.08%
Average Share Balance $23,382 $20,818 -10.97%
Assets/Employee $11,118,236 $11,974,146 7.70%
Avail for Sale/Total Investments 0.00% 0.00%