Callahan & Associates' FirstLook data provides a preemptive look at fourth quarter performance and a near-complete picture of the year that was. The data reflects a cooperative industry that is both adapting and stabilizing, finding new needs to meet and roles to play while helping the economy rebound.
Solid credit card and real estate growth over last year’s FirstLook numbers indicate the industry has the momentum necessary to supplement lower auto lending levels and overcome wavering demand in recovering markets. A stronger net worth over assets, higher earnings, and decreased delinquency from year-end 2009 means the industry is well-positioned for growth in the first quarter of 2011.
|
Total Number of CUs |
7,346 |
7,341 |
7,710 |
|
Total Assets ($ Billions) |
$915.91 |
$880.22 |
$896.82 |
|
Total Loans ($ Billions) |
$565.83 |
$569.26 |
$580.45 |
Credit Card Loans
($ Billions) |
$36.05 |
$34.73 |
$35.28 |
Real Estate Loans
($ Billions) |
$310.70 |
$308.46 |
$314.43 |
Auto Loans
($ Billiions) |
$164.27 |
$172.21 |
$175.41 |
|
Total Shares ($ Billions) |
$787.82 |
$748.59 |
$763.34 |
|
12-Mon. Investment Growth |
13.83% |
28.59% |
28.35% |
|
12-Mon. Member Growth |
1.66% |
2.80% |
2.71% |
|
12-Mon. Share Growth |
5.24% |
11.65% |
11.55% |
|
12-Mon. Loan Growth |
-0.60% |
2.15% |
2.05% |
|
12-Mon. Growth in Operating Expenses |
10.61% |
-2.59% |
-2.53% |
|
Loans/Shares |
71.82% |
76.04% |
76.04% |
|
Net Worth/Assets |
10.06% |
9.93% |
9.91% |
|
Delinquency Ratio |
1.74% |
1.81% |
1.83% |
|
Net Interest Margin |
3.26% |
3.22% |
3.23% |
|
Annualized YTD ROA |
0.51% |
0.21% |
0.18% |
|
Annualized YTD ROA prior to NCUSIF Expense |
0.71% |
0.57% |
0.53% |