ALABAMA STATE EMPLOYEES

Charter #64598 | AL

100M-500M (1077 CUs) Micro
20 100M-500M in AL

ALABAMA STATE EMPLOYEES has 8 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 9.0% in tier
  • + Relationship Depth Leader: Top 23.0% in tier
  • + ROA 0.31% above tier average
  • + Net Interest Margin 0.56% above tier average
  • + Total Members: Top 1.6% in tier
  • + Total Deposits: Top 6.1% in tier
  • + Total Assets: Top 7.2% in tier
  • + Share Certificate Concentration (%): Top 9.4% in tier

Key Concerns

Areas that may need attention

  • - Institutional Decline: Bottom 0.5% in tier
  • - Indirect Auto Dependency: Bottom 3.1% in tier
  • - Membership Headwinds: Bottom 3.5% in tier
  • - Stagnation Risk: Bottom 4.0% in tier
  • - Liquidity Overhang: Bottom 24.7% in tier
  • - Member decline: -7.8% YoY
  • - Loan Growth Rate: Bottom 4.3% in tier
  • - Member Growth Rate: Bottom 5.3% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (AL) National Avg Tier Percentile
Members 39,423
-7.8% YoY-1.6% QoQ
 +23.8K 15,628
-3.4% YoY
 29,240
-2.8% YoY
 33,089
+6.1% YoY
 Top 1.7% in tier
Assets $426.3M
+6.1% YoY+1.3% QoQ
 +$195.0M $231.3M
-0.0% YoY
 $436.7M
+7.4% YoY
 $547.7M
+7.8% YoY
 Top 7.3% in tier
Loans $252.4M
-9.4% YoY-1.8% QoQ
 +$104.6M $147.8M
-1.4% YoY
 $258.0M
+6.8% YoY
 $388.7M
+8.6% YoY
 Top 13.8% in tier
Deposits $375.2M
+5.6% YoY+0.7% QoQ
 +$174.9M $200.3M
-0.0% YoY
 $382.5M
+6.8% YoY
 $464.6M
+9.3% YoY
 Top 6.2% in tier
ROA 1.1%
+66.5% YoY+7.1% QoQ
 +0.3% 0.8%
+15.5% YoY
 0.8%
+31.6% YoY
 0.7%
+273.4% YoY
 71st in tier
NIM 4.1%
+0.5% YoY+0.2% QoQ
 +0.6% 3.6%
+6.9% YoY
 3.7%
+6.4% YoY
 3.7%
+5.0% YoY
 Top 19.5% in tier
Efficiency Ratio 72.7%
-9.7% YoY+0.4% QoQ
 -4.6% 77.3%
-3.0% YoY
 76.4%
-6.2% YoY
 79.1%
-3.3% YoY
 33rd in tier
Delinquency Rate 0.3%
-30.3% YoY+20.7% QoQ
 -0.6 0.9%
+7.6% YoY
 1.7%
+18.9% YoY
 1.2%
-0.9% YoY
 Bottom 17.6% in tier
Loan To Share 67.3%
-14.2% YoY-2.5% QoQ
 -5.4% 72.7%
-1.5% YoY
 60.8%
-1.6% YoY
 68.0%
-1.7% YoY
 34th in tier
AMR $15,920
+7.4% YoY+1.3% QoQ
 $-8K $24,363
+2.9% YoY
 $17,062
+2.3% YoY
 $19,418
+1.3% YoY
 Bottom 13.5% in tier
CD Concentration 9.1%
+20.2% YoY+9.3% QoQ
 -15.3% 24.4%
+4.2% YoY
 20.8%
+2.9% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 31.2%
+3.2% YoY-3.1% QoQ
 +17.2% 14.0%
-5.8% YoY
 5.4%
-6.7% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (2)

Wallet Share Momentum

growth
#248 of 1006 • Top 9.0% in tier

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

Why This Signature
AMR Growth (YoY): 7.38%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#635 of 1006 • Top 23.0% in tier

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

Why This Signature
AMR Growth (YoY): 7.38%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $1.7K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Concerns (5)

Institutional Decline

decline
#5 of 256 • Bottom 0.5% in tier

Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.

Why This Signature
Total Assets: $426.34M
(Tier: $231.30M, National: $547.69M)
but better than tier avg
Member Growth (YoY): -7.84%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -9.45%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 1077 Community CUs have this signature | 293 nationally
↓ Shrinking -43 CUs YoY | New qualifier

Indirect Auto Dependency

risk
#51 of 525 • Bottom 3.1% in tier

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

Why This Signature
Asset Growth (YoY): 6.09%
(Tier: 4.61%, National: 3.04%)
but better than tier avg
Indirect Auto %: 31.19%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -7.84%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
525 of 1077 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank improving

Membership Headwinds

decline
#59 of 550 • Bottom 3.5% in tier

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

Why This Signature
Member Growth (YoY): -7.84%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Stagnation Risk

risk
#67 of 550 • Bottom 4.0% 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: 1.10%
(Tier: 0.77%, National: 0.71%)
but better than tier avg
Member Growth (YoY): -7.84%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $15.9K
(Tier: $25.0K, National: $19.4K)
worse than tier avg
CD Concentration: 9.14%
(Tier: 24.41%, National: 19.60%)
but better than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Liquidity Overhang

risk
#383 of 552 • Bottom 24.7% in tier

Very high net worth ratio (>12%). Strong capital position may indicate opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 12.36%
(Tier: 11.95%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 67.26%
(Tier: 74.56%, National: 67.96%)
worse than tier avg
552 of 1077 Community CUs have this signature | 691 nationally
↑ Growing +65 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 1077 peers in tier

Top Strengths (9 metrics)

18
Total Members
engagement
Value: 39,423
Peer Avg: 15,628
#18 of 1077 Top 1.6% in 100M-500M tier
67
Total Deposits
balance_sheet
Value: $375.23M
Peer Avg: $200.29M
#67 of 1077 Top 6.1% in 100M-500M tier
79
Total Assets
balance_sheet
Value: $426.34M
Peer Avg: $231.30M
#79 of 1077 Top 7.2% in 100M-500M tier
102
Share Certificate Concentration (%)
balance_sheet
Value: 9.14%
Peer Avg: 23.61%
#102 of 1077 Top 9.4% in 100M-500M tier
121
First Mortgage Concentration (%)
balance_sheet
Value: 8.79%
Peer Avg: 30.43%
#121 of 1077 Top 11.1% in 100M-500M tier
149
Total Loans
balance_sheet
Value: $252.36M
Peer Avg: $147.80M
#149 of 1077 Top 13.7% in 100M-500M tier
191
Total Delinquency Rate (60+ days)
risk
Value: 0.29%
Peer Avg: 0.86%
#191 of 1077 Top 17.6% in 100M-500M tier
193
AMR Growth Rate
growth
Value: 7.38%
Peer Avg: 3.64%
#193 of 1077 Top 17.8% in 100M-500M tier
210
Net Interest Margin (NIM)
profitability
Value: 4.14%
Peer Avg: 3.58%
#210 of 1077 Top 19.4% in 100M-500M tier

Top Weaknesses (6 metrics)

1032
Loan Growth Rate
growth
Value: -9.45%
Peer Avg: 3.45%
#1032 of 1077 Bottom 4.3% in 100M-500M tier
1021
Member Growth Rate
growth
Value: -7.84%
Peer Avg: 0.72%
#1021 of 1077 Bottom 5.3% in 100M-500M tier
932
Average Member Relationship (AMR)
engagement
Value: $15,920
Peer Avg: $24,363
#932 of 1077 Bottom 13.6% in 100M-500M tier
907
Indirect Auto Concentration (%)
balance_sheet
Value: 31.19%
Peer Avg: 13.34%
#907 of 1077 Bottom 15.9% in 100M-500M tier
894
Loan-to-Member Ratio (LMR)
engagement
Value: $6,401
Peer Avg: $10,245
#894 of 1077 Bottom 17.1% in 100M-500M tier
878
Net Charge-Off Rate
risk
Value: 0.72%
Peer Avg: 0.47%
#878 of 1077 Bottom 18.6% in 100M-500M tier