Print table
|
3/31/2024 |
3/31/2023 |
3/31/2022 |
3/31/2021 |
Return on average assets 1 |
1.59% |
1.44% |
1.59% |
1.68% |
Return on average capital 1 |
10.78% |
9.87% |
10.11% |
10.20% |
Net interest margin 1 |
2.42% |
2.41% |
2.39% |
2.45% |
Operating expense as a % of net interest income and noninterest income |
34.1% |
33.9% |
34.2% |
32.0% |
Net loan charge-offs as a % of average loans |
0.09% |
0.04% |
0.01% |
-0.01% |
Nonperforming assets 2 as a % of loans and other property owned |
0.56% |
0.53% |
0.46% |
0.59% |
Allowance for credit losses on loans as a % of loans outstanding |
0.39% |
0.42% |
0.46% |
0.56% |
Capital-to-assets ratio |
14.8% |
14.5% |
15.2% |
16.4% |
Capital-to-assets ratio (excluding restricted assets and capital — Insurance Fund) |
13.5% |
13.3% |
14.0% |
15.3% |
Capital and allowance for credit losses on loans as a % of loans outstanding |
19.0% |
19.1% |
19.6% |
21.2% |
Debt to capital |
5.76:1 |
5.89:1 |
5.58:1 |
5.08:1 |
Footnote 1: Year-to-date annualized
Footnote 2: Prior to the adoption of CECL on January 1, 2023, nonperforming assets included accruing restructured loans and were presented with accrued interest
Source: Funding Corporation Quarterly Information Statement (Q1, 2024) (PDF)