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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 2019 Jun 2020 %Chg
ASSETS  
Cash & Cash Equivalents $310,495,238 $383,559,907 23.53%
Government Securities $4,159,422,608 $4,422,007,724 6.31%
Corporate CU $900,000 $900,000 0.00%
Deposit in Banks and S&L's $0 $0
Mutual Funds $0 $0
All Other Investments $27,565,728 $67,250,010 143.96%
Total Investments $4,498,383,574 $4,873,717,641 8.34%
       
Real Estate Loans $3,661,208,427 $4,235,441,494 15.68%
Auto Loans $288,098,438 $277,811,110 -3.57%
All Other Loans $110,302,173 $99,923,562 -9.41%
Total Loans $4,059,609,038 $4,613,176,166 13.64%
       
(Loan Loss Allow) ($5,199,395) ($8,016,877) 54.19%
       
Foreclosed & Repossessed Property $0 $31,307 Infinity
Land & Buildings $11,990,185 $11,650,836 -2.83%
Other Fixed Assets $1,666,351 $1,270,504 -23.76%
All Other Assets $185,953,082 $282,400,818 51.87%
TOTAL ASSETS $8,752,402,835 $9,774,230,395 11.67%
       
LIABILITIES & CAPITAL      
Dividends Payable $0 $0
Notes Payable $510,400,000 $413,400,000 -19.00%
Reverse Repurchase Agreements $0 $0
Other Liabilities $72,502,000 $136,981,346 88.93%
Total Liabilities
$582,902,000 $550,381,346 -5.58%
       
Regular Shares & Deposits $6,327,309,539 $7,183,785,618 13.54%
Money Market Shares $0 $0
Share Drafts $79,753,126 $85,111,344 6.72%
IRA & Keogh $386,315,941 $390,135,154 0.99%
Share Certificates $296,566,809 $370,129,074 24.80%
Total Shares $7,089,945,415 $8,029,161,190 13.25%
       
Regular Reserve $56,850,821 $56,850,821 0.00%
FASB 115 Val Reserves $22,821,689 $94,477,633 313.98%
Undivided Earnings & Other Reserves $999,882,910 $1,043,359,405 4.35%
Equity Acquired in Merger $0 $0
Total Reserves & Undivided Earnings $1,079,555,420 $1,194,687,859 10.66%
TOTAL LIABILITIES & CAPITAL $8,752,402,835 $9,774,230,395 11.67%
       
DELINQUENT LOANS      
2-6 Months Delinq. $2,596,625 $1,992,709 -23.26%
6-12 Months $353,840 $11,540 -96.74%
Over 12 Months $11,930 $123,956 939.03%
Total Delinquent Loans $2,962,395 $2,128,205 -28.16%
Bankruptcies $175,208 $845,275 382.44%
Net Chargeoff (Recov) $423,455 $220,635 -47.90%
 
Loan Portfolio Profile   % of Total
Unsecured Credit Card $40,289,057 0.87%
All Other Unsecured $9,114,003 0.20%
Student Loans $36,198,340 0.78%
New Auto $135,480,480 2.94%
Used Auto $142,330,630 3.09%
1st Mortgage $3,947,070,103 85.56%
Other Real Estate $288,371,391 6.25%
Other Loans $70,966,097 1.54%
First Mtg Fixed Rate included in above 3,310,131,852 71.75%
Unused Credit/Tot. Invest+Cash 20.01%  
 
  YTD 2019 YTD 2020 %Chg
INCOME:  
Loans $76,877,522 $73,697,847 -4.14%
(Less Rebates) $0 $0
Investments $44,884,464 $44,106,529 -1.73%
Fee Income $846,708 $1,559,384 84.17%
Trading + Other Operating $4,858,064 $4,081,113 -15.99%
Total Income $127,466,758 $123,444,873 -3.16%
       
EXPENSES:
Employee Compensation & Benefits $20,729,720 $30,397,127 46.64%
Travel & Conference $244,643 $150,047 -38.67%
Office Occupancy $1,461,001 $1,489,724 1.97%
Office Operations $3,758,819 $3,538,897 -5.85%
Education & Promotional $943,465 $1,195,292 26.69%
Loan Servicing $3,260,913 $4,012,298 23.04%
Professional Services $2,481,205 $2,753,858 10.99%
Member Insurance $0 $0
Operating Fees $276,576 $310,098 12.12%
Miscellaneous $1,162,978 $1,439,092 23.74%
Operating Expense Subtotal $34,319,320 $45,286,433 31.96%
       
Provision for Loan Losses $857,151 $2,915,346 240.12%
Operating Exp. + Provision for Loan Losses $35,176,471 $48,201,779 37.03%
       
Non-Operating Gain (Loss) ($622,519) ($1,063,330) -70.81%
Income before Dividends $91,667,768 $74,179,764 -19.87%
Interest on Borrowed Funds $6,691,778 $5,402,714 -19.26%
Dividends $65,541,219 $51,095,379 -22.04%
Net Income Prior to Assessments $19,434,771 $17,681,671 -9.02%
Net NCUSIF & TCCUSIF Expenses $0 $0
Net Income $19,434,771 $17,681,671 -9.02%
       
SELECTED OPERATING DATA:      
Branches 6 6 0.00%
Members 107,974 111,436 3.21%
Potential Members 1,937,570 1,927,852 -0.50%
Employees 206 211 2.68%
Members/Employee 525 528 0.52%
Average Salary & Benefits/Employee $201,749 $288,124 42.81%
Total YTD Loan Originations $686,994,300 $1,228,100,041 78.76%
       
KEY RATIOS:
Operating Exp/Income 26.92% 36.69% 36.26%
Dividends/Income 51.42% 41.39% -19.50%
Net Income/Income 15.25% 14.32% -6.06%
Fee+Other Income/Income 4.48% 4.57% 2.09%
Return on Average Assets 0.45% 0.38% -16.39%
Loans/Assets 46.38% 47.20% 1.76%
Net Worth/Assets 12.07% 11.26% -6.77%
Delinquency 0.07% 0.05% -36.78%
% Invest Over 1 yr 75.39% 75.43% 0.05%
Mortgage-Backed Securities/Total Investments 62.43% 62.34% -0.14%
Yield on Investments 2.00% 1.81% -9.24%
Yield on Loans 3.84% 3.29% -14.34%
Average Cost of Funds 1.94% 1.38% -27.56%
Gross Spread 1.28% 1.44% 12.35%
Average Loan Balance $82,037 $93,920 14.49%
Average Share Balance $65,663 $72,052 9.73%
Assets/Employee $42,590,768 $46,323,367 8.76%
Avail for Sale/Total Investments 92.79% 0.00% -100.00%


+ as currently reported by the NCUA
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