LAKE TRUST

Charter #62047 | MI

1B-3B (304 CUs) Mid-Market (380 CUs)
19 1B-3B in MI

LAKE TRUST has 7 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 10.8% in tier
  • + Relationship Depth Leader: Top 11.1% in tier
  • + Net Interest Margin 0.24% above tier average
  • + Total Deposits: Top 3.3% in tier
  • + Total Members: Top 4.3% in tier
  • + Total Assets: Top 6.2% in tier
  • + Total Loans: Top 6.2% in tier

Key Concerns

Areas that may need attention

  • - Growth-at-Risk: Bottom 23.9% in tier
  • - Indirect Auto Dependency: Bottom 26.6% in tier
  • - Credit Quality Pressure: Bottom 27.1% in tier
  • - ROA 0.11% below tier average
  • - Efficiency ratio 1.39% above tier (higher cost structure)
  • - Delinquency rate 0.22% above tier average

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 177,907
-0.4% YoY+1.3% QoQ
 +79.2K 98,678
-1.9% YoY
 35,456
+8.6% YoY
 33,089
+6.1% YoY
 Top 4.6% in tier
Assets $2.7B
+2.5% YoY-0.5% QoQ
 +$986.6M $1.7B
+0.5% YoY
 $650.8M
+12.6% YoY
 $547.7M
+7.8% YoY
 Top 6.6% in tier
Loans $2.1B
+7.9% YoY+2.3% QoQ
 +$882.6M $1.2B
+0.5% YoY
 $461.6M
+14.9% YoY
 $388.7M
+8.6% YoY
 Top 6.6% in tier
Deposits $2.4B
+4.7% YoY-0.7% QoQ
 +$930.7M $1.5B
+1.3% YoY
 $550.3M
+12.5% YoY
 $464.6M
+9.3% YoY
 Top 3.6% in tier
ROA 0.6%
+31.5% YoY+6.1% QoQ
 -0.1% 0.7%
+13.4% YoY
 0.8%
-27.1% YoY
 0.7%
+273.4% YoY
 41st in tier
NIM 3.5%
+16.1% YoY+2.0% QoQ
 +0.2% 3.3%
+9.3% YoY
 3.7%
+8.5% YoY
 3.7%
+5.0% YoY
 66th in tier
Efficiency Ratio 75.4%
-5.8% YoY-0.7% QoQ
 +1.4% 74.0%
-10.9% YoY
 76.1%
-1.3% YoY
 79.1%
-3.3% YoY
 55th in tier
Delinquency Rate 1.0%
+0.6% YoY+5.1% QoQ
 +0.2 0.8%
+6.1% YoY
 0.9%
-19.7% YoY
 1.2%
-0.9% YoY
 Top 22.0% in tier
Loan To Share 88.7%
+3.1% YoY+3.0% QoQ
 +3.5% 85.2%
-0.8% YoY
 68.1%
+0.3% YoY
 68.0%
-1.7% YoY
 52nd in tier
AMR $25,298
+6.6% YoY-0.6% QoQ
 $-4K $29,172
+2.8% YoY
 $22,054
+2.5% YoY
 $19,418
+1.3% YoY
 37th in tier
CD Concentration 26.1%
+9.2% YoY+7.0% QoQ
 -2.9% 29.0%
+0.8% YoY
 18.6%
+6.0% YoY
 19.6%
+6.2% YoY
 38th in tier
Indirect Auto % 19.6%
-5.7% YoY-0.1% QoQ
 +0.8% 18.8%
-2.8% YoY
 11.9%
-2.7% YoY
 7.9%
-2.9% YoY
 57th in tier

Signature Analysis

Strengths (2)

Wallet Share Momentum

growth
#79 of 264 • Top 10.8% in tier

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

Why This Signature
AMR Growth (YoY): 6.61%
(Tier: 3.04%, National: 4.19%)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank improving

Relationship Depth Leader

growth
#81 of 264 • Top 11.1% in tier

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

Why This Signature
AMR Growth (YoY): 6.61%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $3.0K
(Tier: $3.1K, National: $2.0K)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank improving

Concerns (3)

Growth-at-Risk

risk
#134 of 161 • Bottom 23.9% in tier

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

Why This Signature
Loan Growth (YoY): 7.95%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.01% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
161 of 380 Mid-Market CUs have this signature | 646 nationally
↓ Shrinking -30 CUs YoY | Rank worsening

Indirect Auto Dependency

risk
#165 of 202 • Bottom 26.6% in tier

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

Why This Signature
Asset Growth (YoY): 2.53%
(Tier: 5.36%, National: 3.04%)
worse than tier avg
Indirect Auto %: 19.65%
(Tier: 18.80%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -0.39%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
202 of 380 Mid-Market CUs have this signature | 768 nationally
↓ Shrinking -7 CUs YoY

Credit Quality Pressure

risk
#208 of 217 • Bottom 27.1% in tier

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

Why This Signature
Delinquency Change (YoY): 0.01% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank worsening

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 304 peers in tier

Top Strengths (5 metrics)

11
Total Deposits
balance_sheet
Value: $2.39B
Peer Avg: $1.45B
#11 of 304 Top 3.3% in 1B-3B tier
14
Total Members
engagement
Value: 177,907
Peer Avg: 98,678
#14 of 304 Top 4.3% in 1B-3B tier
20
Total Assets
balance_sheet
Value: $2.71B
Peer Avg: $1.72B
#20 of 304 Top 6.2% in 1B-3B tier
20
Total Loans
balance_sheet
Value: $2.12B
Peer Avg: $1.23B
#20 of 304 Top 6.2% in 1B-3B tier
64
AMR Growth Rate
growth
Value: 6.61%
Peer Avg: 3.29%
#64 of 304 Top 20.7% in 1B-3B tier

Top Weaknesses (1 metrics)

238
Total Delinquency Rate (60+ days)
risk
Value: 1.05%
Peer Avg: 0.83%
#238 of 304 Bottom 22.0% in 1B-3B tier