NCUA Quarterly U.S. Map Review for the Third Quarter of 2013 Now Available
December 6 NCUA has published its Quarterly U.S. Map Review for the third quarter of 2013. The Review provides comparisons of federally insured credit union performance across all 50 states and the United States Territories containing federally insured credit unions. Performance measures compared in the Review include:
· Annualized return on average assets
· Share of credit unions with positive net income
· Delinquent loans as a share of total loans
· Annualized net charge-offs as a share of average loans
· Asset growth during the past twelve months
· Deposit growth during the past twelve months
· Loan growth during the past twelve months
· Membership growth during the past twelve months
Per the Review, three states had state and federal credit unions who on average had ROAA greater than 110 basis points: Arizona, Utah, and Washington (state). Nationally, 72% of federally insured credit unions had positive net income in the first three quarters of 2013, with Maine, Alaska and New Mexico all having 92% of their federally insured credit unions reporting positive net income. New Hampshire and Idaho recorded the lowest delinquency rates (.4% and .5% respectively) and the national average was 1%.
A summary of the findings of the Review is available in NCUA's press release announcing publication.