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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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  Sep 2019 Sep 2020 %Chg
ASSETS  
Cash & Cash Equivalents $302,742,281 $503,772,263 66.40%
Government Securities $4,156,693,132 $4,508,209,396 8.46%
Corporate CU $900,000 $900,000 0.00%
Deposit in Banks and S&L's $0 $0
Mutual Funds $0 $0
All Other Investments $37,565,372 $67,249,997 79.02%
Total Investments $4,497,900,785 $5,080,131,656 12.94%
       
Real Estate Loans $3,798,771,807 $4,225,818,627 11.24%
Auto Loans $289,094,834 $273,459,851 -5.41%
All Other Loans $110,610,092 $100,972,856 -8.71%
Total Loans $4,198,476,733 $4,600,251,334 9.57%
       
(Loan Loss Allow) ($5,223,657) ($8,431,345) 61.41%
       
Foreclosed & Repossessed Property $3,033 $16,549 445.63%
Land & Buildings $11,901,425 $11,875,193 -0.22%
Other Fixed Assets $1,647,664 $1,182,408 -28.24%
All Other Assets $206,226,485 $290,292,019 40.76%
TOTAL ASSETS $8,910,932,468 $9,975,317,814 11.94%
       
LIABILITIES & CAPITAL      
Dividends Payable $0 $0
Notes Payable $470,400,000 $244,800,000 -47.96%
Reverse Repurchase Agreements $0 $0
Other Liabilities $78,774,329 $133,133,170 69.01%
Total Liabilities
$549,174,329 $377,933,170 -31.18%
       
Regular Shares & Deposits $6,466,554,747 $7,503,128,933 16.03%
Money Market Shares $0 $0
Share Drafts $77,040,827 $86,993,396 12.92%
IRA & Keogh $388,915,279 $397,392,291 2.18%
Share Certificates $328,929,910 $396,099,868 20.42%
Total Shares $7,261,440,763 $8,383,614,488 15.45%
       
Regular Reserve $56,850,821 $56,850,821 0.00%
FASB 115 Val Reserves $30,937,393 $88,776,982 186.96%
Undivided Earnings & Other Reserves $1,012,529,162 $1,068,142,353 5.49%
Equity Acquired in Merger $0 $0
Total Reserves & Undivided Earnings $1,100,317,376 $1,213,770,156 10.31%
TOTAL LIABILITIES & CAPITAL $8,910,932,468 $9,975,317,814 11.94%
       
DELINQUENT LOANS      
2-6 Months Delinq. $1,442,516 $1,775,517 23.08%
6-12 Months $873,676 $46,713 -94.65%
Over 12 Months $0 $10,160 Infinity
Total Delinquent Loans $2,316,192 $1,832,390 -20.89%
Bankruptcies $322,280 $1,586,155 392.17%
Net Chargeoff (Recov) $745,756 $349,978 -53.07%
 
Loan Portfolio Profile   % of Total
Unsecured Credit Card $40,868,722 0.89%
All Other Unsecured $13,962,082 0.30%
Student Loans $35,188,710 0.76%
New Auto $128,899,847 2.80%
Used Auto $144,560,004 3.14%
1st Mortgage $3,946,601,569 85.79%
Other Real Estate $279,217,058 6.07%
Other Loans $51,846,280 1.13%
First Mtg Fixed Rate included in above 3,279,181,972 71.28%
Unused Credit/Tot. Invest+Cash 18.92%  
 
  YTD 2019 YTD 2020 %Chg
INCOME:  
Loans $115,870,416 $107,771,198 -6.99%
(Less Rebates) $0 $0
Investments $67,945,615 $63,305,047 -6.83%
Fee Income $1,370,061 $2,866,273 109.21%
Trading + Other Operating $6,978,294 $6,037,892 -13.48%
Total Income $192,164,386 $179,980,410 -6.34%
       
EXPENSES:
Employee Compensation & Benefits $28,514,527 $31,694,590 11.15%
Travel & Conference $451,661 $181,853 -59.74%
Office Occupancy $2,229,519 $2,246,931 0.78%
Office Operations $5,715,174 $5,380,933 -5.85%
Education & Promotional $1,674,888 $1,672,628 -0.13%
Loan Servicing $4,999,750 $6,010,147 20.21%
Professional Services $3,819,155 $4,107,799 7.56%
Member Insurance $0 $0
Operating Fees $426,047 $469,618 10.23%
Miscellaneous $1,815,297 $2,330,384 28.37%
Operating Expense Subtotal $49,646,018 $54,094,883 8.96%
       
Provision for Loan Losses $1,203,717 $3,459,159 187.37%
Operating Exp. + Provision for Loan Losses $50,849,735 $57,554,042 13.18%
       
Non-Operating Gain (Loss) ($366,252) ($948,831) -159.07%
Income before Dividends $140,948,399 $121,477,537 -14.20%
Interest on Borrowed Funds $9,673,549 $10,322,831 6.71%
Dividends $99,193,828 $68,690,087 -30.75%
Net Income Prior to Assessments $32,081,022 $42,464,619 32.37%
Net NCUSIF & TCCUSIF Expenses $0 $0
Net Income $32,081,022 $42,464,619 32.37%
       
SELECTED OPERATING DATA:      
Branches 6 6 0.00%
Members 109,374 112,741 3.08%
Potential Members 1,937,570 1,927,852 -0.50%
Employees 211 214 1.18%
Members/Employee 518 528 1.87%
Average Salary & Benefits/Employee $180,187 $197,937 9.85%
Total YTD Loan Originations $1,182,655,200 $2,046,320,670 73.03%
       
KEY RATIOS:
Operating Exp/Income 25.84% 30.06% 16.34%
Dividends/Income 51.62% 38.17% -26.06%
Net Income/Income 16.69% 23.59% 41.33%
Fee+Other Income/Income 4.34% 4.95% 13.88%
Return on Average Assets 0.49% 0.59% 21.46%
Loans/Assets 47.12% 46.12% -2.12%
Net Worth/Assets 12.00% 11.28% -6.02%
Delinquency 0.06% 0.04% -27.80%
% Invest Over 1 yr 75.01% 74.55% -0.61%
Mortgage-Backed Securities/Total Investments 62.89% 59.41% -5.53%
Yield on Investments 2.02% 1.66% -17.46%
Yield on Loans 3.79% 3.21% -15.32%
Average Cost of Funds 1.94% 1.28% -32.97%
Gross Spread 1.28% 1.45% 12.78%
Average Loan Balance $83,931 $94,071 12.08%
Average Share Balance $66,391 $74,362 12.01%
Assets/Employee $42,231,907 $46,722,800 10.63%
Avail for Sale/Total Investments 92.96% 0.00% -100.00%


+ as currently reported by the NCUA
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