ALEXANDRIA, Va. - NCUA's first quarter trend report shows if assets continue to grow the way they did in the first quarter they will be up a solid 9.53% for the year. Assets increased to $15.4 billion, a 2.38% increase. Net worth, a hot topic of late, increased $1.5 billion, or 2.11%. The capital ratio is 10.93%, down slightly from 10.96%. Share growth is back outpacing loan growth, probably due to a spike in savings rates. Shares increased $14.1 billion or 2.54%, while loans increased $4.74 billion, or 1.14%. Return on assets remain near 1% at 0.92%, up from 0.91%, a historically strong number. Delinquencies are down yet again from 0.72% to 0.64%. Below are a number of charts and tables that highlight the first quarter trends.
First Quarter Trends: Assets Growing Strong, Net Worth Stable and Shares Outpacing Loans
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