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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 $403,195,842 $446,049,551 10.63%
Government Securities $4,169,929,587 $4,903,451,325 17.59%
Corporate CU $900,000 $900,000 0.00%
Deposit in Banks and S&L's $0 $0
Mutual Funds $0 $0
All Other Investments $77,692,520 $167,450,048 115.53%
Total Investments $4,651,717,949 $5,517,850,924 18.62%
       
Real Estate Loans $4,061,628,432 $4,288,888,303 5.60%
Auto Loans $282,744,084 $263,260,439 -6.89%
All Other Loans $104,576,481 $95,209,429 -8.96%
Total Loans $4,448,948,997 $4,647,358,171 4.46%
       
(Loan Loss Allow) ($6,828,244) ($8,630,869) 26.40%
       
Foreclosed & Repossessed Property $101,311 $50,001 -50.65%
Land & Buildings $11,732,783 $11,691,172 -0.35%
Other Fixed Assets $1,429,663 $979,264 -31.50%
All Other Assets $255,446,304 $284,541,460 11.39%
TOTAL ASSETS $9,362,548,763 $10,453,840,123 11.66%
       
LIABILITIES & CAPITAL      
Dividends Payable $0 $0
Notes Payable $415,400,000 $244,800,000 -41.07%
Reverse Repurchase Agreements $0 $0
Other Liabilities $130,431,912 $105,346,579 -19.23%
Total Liabilities
$545,831,912 $350,146,579 -35.85%
       
Regular Shares & Deposits $6,806,001,512 $8,013,579,236 17.74%
Money Market Shares $0 $0
Share Drafts $83,865,731 $97,604,473 16.38%
IRA & Keogh $386,307,071 $392,099,668 1.50%
Share Certificates $358,734,011 $377,772,486 5.31%
Total Shares $7,634,908,325 $8,881,055,863 16.32%
       
Regular Reserve $56,850,821 $56,850,821 0.00%
FASB 115 Val Reserves $84,077,861 $40,833,275 -51.43%
Undivided Earnings & Other Reserves $1,040,879,844 $1,124,953,585 8.08%
Equity Acquired in Merger $0 $0
Total Reserves & Undivided Earnings $1,181,808,526 $1,222,637,681 3.45%
TOTAL LIABILITIES & CAPITAL $9,362,548,763 $10,453,840,123 11.66%
       
DELINQUENT LOANS      
2-6 Months Delinq. $2,469,035 $1,074,762 -56.47%
6-12 Months $128,900 $331,899 157.49%
Over 12 Months $539,552 $0 -100.00%
Total Delinquent Loans $3,137,487 $1,406,661 -55.17%
Bankruptcies $892,991 $653,135 -26.86%
Net Chargeoff (Recov) $116,065 $76,808 -33.82%
 
Loan Portfolio Profile   % of Total
Unsecured Credit Card $38,470,694 0.83%
All Other Unsecured $12,647,455 0.27%
Student Loans $33,220,367 0.71%
New Auto $119,599,725 2.57%
Used Auto $143,660,714 3.09%
1st Mortgage $4,017,102,692 86.44%
Other Real Estate $271,785,611 5.85%
Other Loans $60,222,580 1.30%
First Mtg Fixed Rate included in above 3,304,632,884 71.11%
Unused Credit/Tot. Invest+Cash 17.83%  
 
  YTD 2020 YTD 2021 %Chg
INCOME:  
Loans $38,941,132 $30,516,329 -21.63%
(Less Rebates) $0 $0
Investments $23,110,977 $17,110,298 -25.96%
Fee Income $673,480 $1,396,201 107.31%
Trading + Other Operating $1,991,137 $2,081,327 4.53%
Total Income $64,716,726 $51,104,155 -21.03%
       
EXPENSES:
Employee Compensation & Benefits $6,838,165 $946,050 -86.17%
Travel & Conference $88,969 $44,803 -49.64%
Office Occupancy $744,470 $709,438 -4.71%
Office Operations $1,956,398 $1,777,756 -9.13%
Education & Promotional $735,339 $537,999 -26.84%
Loan Servicing $1,643,772 $2,040,218 24.12%
Professional Services $1,418,351 $1,418,131 -0.02%
Member Insurance $0 $0
Operating Fees $155,049 $159,519 2.88%
Miscellaneous $719,200 $897,013 24.72%
Operating Expense Subtotal $14,299,713 $8,530,927 -40.34%
       
Provision for Loan Losses $1,622,144 $48,650 -97.00%
Operating Exp. + Provision for Loan Losses $15,921,857 $8,579,577 -46.11%
       
Non-Operating Gain (Loss) ($939,831) $504,122 153.64%
Income before Dividends $47,855,038 $43,028,700 -6.88%
Interest on Borrowed Funds $2,686,453 $1,782,393 -33.65%
Dividends $29,966,475 $11,161,769 -62.75%
Net Income Prior to Assessments $15,202,110 $30,084,538 97.90%
Net NCUSIF & TCCUSIF Expenses $0 $0
Net Income $15,202,110 $30,084,538 97.90%
       
SELECTED OPERATING DATA:      
Branches 6 6 0.00%
Members 110,976 114,286 2.98%
Potential Members 1,927,852 6,726,324 248.90%
Employees 217 220 1.38%
Members/Employee 511 519 1.58%
Average Salary & Benefits/Employee $126,049 $17,201 -86.35%
Total YTD Loan Originations $470,244,801 $1,514,149,381 221.99%
       
KEY RATIOS:
Operating Exp/Income 22.10% 16.69% -24.45%
Dividends/Income 46.30% 21.84% -52.83%
Net Income/Income 23.49% 58.87% 150.61%
Fee+Other Income/Income 4.12% 6.80% 65.27%
Return on Average Assets 0.66% 1.16% 76.41%
Loans/Assets 47.52% 44.46% -6.45%
Net Worth/Assets 11.72% 11.30% -3.58%
Delinquency 0.07% 0.03% -57.08%
% Invest Over 1 yr 74.57% 76.65% 2.79%
Mortgage-Backed Securities/Total Investments 63.15% 59.90% -5.15%
Yield on Investments 1.99% 1.24% -37.51%
Yield on Loans (including Loans Held-for-Sale) 3.54% 2.63% -25.63%
Average Cost of Funds 1.66% 0.58% -64.89%
Gross Spread 1.42% 1.47% 3.58%
Average Loan Balance $88,775 $96,707 8.94%
Average Share Balance $68,798 $77,709 12.95%
Assets/Employee $43,145,386 $47,517,455 10.13%
Avail for Sale/Total Investments 0.00% 0.00%


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