DOVER

Charter #12443 | DE

500M-750M (169 CUs) Community (281 CUs)
2 500M-750M in DE

DOVER has 4 strengths but faces 11 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 13.1% in tier
  • + Wallet Share Momentum: Top 20.4% in tier
  • + Net Interest Margin 0.50% above tier average
  • + Total Deposits: Top 4.1% in tier

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 1.7% in tier
  • - Growth-at-Risk: Bottom 15.7% in tier
  • - Indirect Auto Dependency: Bottom 17.1% in tier
  • - Efficiency Drag: Bottom 21.5% in tier
  • - Stagnation Risk: Bottom 24.4% in tier
  • - Membership Headwinds: Bottom 25.0% in tier
  • - ROA 0.26% below tier average
  • - Efficiency ratio 2.38% above tier (higher cost structure)
  • - Delinquency rate 1.40% above tier average
  • - Total Delinquency Rate (60+ days): Bottom 3.6% in tier
  • - Net Worth Ratio: Bottom 5.9% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (DE) National Avg Tier Percentile
Members 43,844
-1.4% YoY+0.2% QoQ
 +4.1K 39,752
-2.7% YoY
 17,253
+10.0% YoY
 33,089
+6.1% YoY
 68th in tier
Assets $709.9M
+2.3% YoY+0.7% QoQ
 +$87.5M $622.4M
+0.3% YoY
 $195.2M
+8.0% YoY
 $547.7M
+7.8% YoY
 Top 16.0% in tier
Loans $546.0M
+0.8% YoY+1.4% QoQ
 +$110.0M $435.9M
-0.4% YoY
 $121.5M
+9.1% YoY
 $388.7M
+8.6% YoY
 Top 14.2% in tier
Deposits $651.3M
+4.4% YoY+0.4% QoQ
 +$113.3M $538.0M
+1.3% YoY
 $172.1M
+8.7% YoY
 $464.6M
+9.3% YoY
 Top 4.7% in tier
ROA 0.4%
+73.8% YoY+100.7% QoQ
 -0.3% 0.7%
+33.9% YoY
 2.8%
+77.8% YoY
 0.7%
+273.4% YoY
 35th in tier
NIM 3.9%
+13.3% YoY+1.7% QoQ
 +0.5% 3.4%
+8.6% YoY
 3.3%
+6.1% YoY
 3.7%
+5.0% YoY
 Top 16.0% in tier
Efficiency Ratio 80.5%
-5.6% YoY-3.5% QoQ
 +2.4% 78.1%
-3.4% YoY
 77.7%
-4.8% YoY
 79.1%
-3.3% YoY
 60th in tier
Delinquency Rate 2.2%
+87.3% YoY+17.8% QoQ
 +1.4 0.8%
-4.9% YoY
 2.7%
+22.3% YoY
 1.2%
-0.9% YoY
 Top 3.6% in tier
Loan To Share 83.8%
-3.4% YoY+1.0% QoQ
 +2.8% 81.0%
-1.8% YoY
 48.0%
+0.7% YoY
 68.0%
-1.7% YoY
 52nd in tier
AMR $27,309
+4.2% YoY+0.7% QoQ
 +$827 $26,482
+2.6% YoY
 $13,877
+1.3% YoY
 $19,418
+1.3% YoY
 64th in tier
CD Concentration 25.3%
-5.4% YoY+7.8% QoQ
 +0.9% 24.4%
+4.2% YoY
 12.6%
+3.7% YoY
 19.6%
+6.2% YoY
 53rd in tier
Indirect Auto % 29.5%
-23.9% YoY-10.5% QoQ
 +15.5% 14.0%
-5.8% YoY
 7.8%
-5.9% YoY
 7.9%
-2.9% YoY
 Top 17.7% in tier

Signature Analysis

Strengths (2)

Relationship Depth Leader

growth
#361 of 1006 • Top 13.1% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 4.20%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $3.1K
(Tier: $2.8K, National: $2.0K)
better than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#562 of 1006 • Top 20.4% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 4.20%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Concerns (6)

Credit Quality Pressure

risk
#42 of 736 • Bottom 1.7% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 1.02% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 281 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY | Rank improving

Growth-at-Risk

risk
#236 of 446 • Bottom 15.7% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 0.85%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
Delinquency Change (YoY): 1.02% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
446 of 281 Community CUs have this signature | 646 nationally
↓ Shrinking -77 CUs YoY | New qualifier

Indirect Auto Dependency

risk
#276 of 525 • Bottom 17.1% in tier

Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.

Why This Signature
Asset Growth (YoY): 2.27%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Indirect Auto %: 29.49%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -1.41%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
525 of 281 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank worsening

Efficiency Drag

risk
#380 of 521 • Bottom 21.5% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 80.47%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.17% points
(Tier: 0.11% points, National: 0.05% points)
but better than tier avg
Member Growth (YoY): -1.41%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 281 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank improving

Stagnation Risk

risk
#403 of 550 • Bottom 24.4% in tier

Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.

Why This Signature
Return on Assets: 0.40%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -1.41%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $27.3K
(Tier: $25.0K, National: $19.4K)
but better than tier avg
CD Concentration: 25.33%
(Tier: 24.41%, National: 19.60%)
worse than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Membership Headwinds

decline
#413 of 550 • Bottom 25.0% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -1.41%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 169 peers in tier

Top Strengths (6 metrics)

8
Total Deposits
balance_sheet
Value: $651.34M
Peer Avg: $538.02M
#8 of 169 Top 4.1% in 500M-750M tier
24
Total Loans
balance_sheet
Value: $545.99M
Peer Avg: $435.95M
#24 of 169 Top 13.6% in 500M-750M tier
27
Net Interest Margin (NIM)
profitability
Value: 3.93%
Peer Avg: 3.43%
#27 of 169 Top 15.4% in 500M-750M tier
27
Total Assets
balance_sheet
Value: $709.88M
Peer Avg: $622.38M
#27 of 169 Top 15.4% in 500M-750M tier
42
First Mortgage Concentration (%)
balance_sheet
Value: 21.83%
Peer Avg: 33.53%
#42 of 169 Top 24.3% in 500M-750M tier
43
Fee Income Per Member
profitability
Value: $236.44
Peer Avg: $199.27
#43 of 169 Top 24.9% in 500M-750M tier

Top Weaknesses (3 metrics)

164
Total Delinquency Rate (60+ days)
risk
Value: 2.20%
Peer Avg: 0.80%
#164 of 169 Bottom 3.6% in 500M-750M tier
160
Net Worth Ratio
risk
Value: 8.03%
Peer Avg: 10.94%
#160 of 169 Bottom 5.9% in 500M-750M tier
136
Indirect Auto Concentration (%)
balance_sheet
Value: 29.49%
Peer Avg: 16.19%
#136 of 169 Bottom 20.1% in 500M-750M tier