OCEAN STATE

Charter #66595 | RI

100M-500M (1077 CUs) Micro
3 100M-500M in RI

OCEAN STATE has 6 strengths but faces 9 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 24.8% in tier
  • + Relationship Depth Leader: Top 29.5% in tier
  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + Loan-to-Share Ratio: Top 1.2% in tier
  • + Net Charge-Off Rate: Top 7.5% in tier
  • + Total Loans: Top 7.8% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Drag: Bottom 2.7% in tier
  • - Liquidity Strain: Bottom 10.2% in tier
  • - Membership Headwinds: Bottom 17.0% in tier
  • - Stagnation Risk: Bottom 22.5% in tier
  • - Credit Quality Pressure: Bottom 22.9% in tier
  • - ROA 0.49% below tier average
  • - Efficiency ratio 13.55% above tier (higher cost structure)
  • - Delinquency rate 0.12% above tier average
  • - Member decline: -2.4% YoY

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (RI) National Avg Tier Percentile
Members 21,954
-2.4% YoY-2.9% QoQ
 +6.3K 15,628
-3.4% YoY
 35,904
+9.4% YoY
 33,089
+6.1% YoY
 Top 20.0% in tier
Assets $334.3M
-0.8% YoY-1.5% QoQ
 +$103.0M $231.3M
-0.0% YoY
 $771.6M
+10.6% YoY
 $547.7M
+7.8% YoY
 Top 21.4% in tier
Loans $287.3M
+0.3% YoY+0.2% QoQ
 +$139.5M $147.8M
-1.4% YoY
 $651.4M
+12.0% YoY
 $388.7M
+8.6% YoY
 Top 7.9% in tier
Deposits $264.9M
+1.2% YoY-1.8% QoQ
 +$64.7M $200.3M
-0.0% YoY
 $641.8M
+11.9% YoY
 $464.6M
+9.3% YoY
 74th in tier
ROA 0.3%
+9.4% YoY-10.4% QoQ
 -0.5% 0.8%
+15.5% YoY
 0.5%
-21.3% YoY
 0.7%
+273.4% YoY
 Bottom 18.7% in tier
NIM 3.1%
+11.1% YoY+2.1% QoQ
 -0.5% 3.6%
+6.9% YoY
 2.9%
+1.1% YoY
 3.7%
+5.0% YoY
 Bottom 23.0% in tier
Efficiency Ratio 90.8%
-1.4% YoY+1.3% QoQ
 +13.6% 77.3%
-3.0% YoY
 83.0%
+4.4% YoY
 79.1%
-3.3% YoY
 Top 9.6% in tier
Delinquency Rate 1.0%
+6.4% YoY-9.5% QoQ
 +0.1 0.9%
+7.6% YoY
 0.5%
-36.2% YoY
 1.2%
-0.9% YoY
 69th in tier
Loan To Share 108.4%
-0.9% YoY+2.0% QoQ
 +35.7% 72.7%
-1.5% YoY
 78.6%
+0.3% YoY
 68.0%
-1.7% YoY
 Top 1.3% in tier
AMR $25,154
+3.2% YoY+2.2% QoQ
 +$791 $24,363
+2.9% YoY
 $26,126
+7.2% YoY
 $19,418
+1.3% YoY
 65th in tier
CD Concentration 25.3%
+7.7% YoY+2.7% QoQ
 +0.9% 24.4%
+4.2% YoY
 27.4%
+6.5% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 0.0% -14.0% 14.0%
-5.8% YoY
 10.6%
+7.4% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (2)

Wallet Share Momentum

growth
#684 of 1006 • Top 24.8% in tier

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

Why This Signature
AMR Growth (YoY): 3.21%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Relationship Depth Leader

growth
#814 of 1006 • Top 29.5% in tier

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

Why This Signature
AMR Growth (YoY): 3.21%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.2K
(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 | New qualifier

Concerns (5)

Efficiency Drag

risk
#48 of 521 • Bottom 2.7% in tier

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

Why This Signature
Efficiency Ratio: 90.83%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.03% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -2.44%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 1077 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank improving

Liquidity Strain

risk
#80 of 258 • Bottom 10.2% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 108.44%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 0.25%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
258 of 1077 Community CUs have this signature | 484 nationally
↓ Shrinking -28 CUs YoY | Rank worsening

Membership Headwinds

decline
#281 of 550 • Bottom 17.0% in tier

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

Why This Signature
Member Growth (YoY): -2.44%
(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
#372 of 550 • Bottom 22.5% 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: 0.30%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -2.44%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $25.2K
(Tier: $25.0K, National: $19.4K)
but better than tier avg
CD Concentration: 25.27%
(Tier: 24.41%, National: 19.60%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Credit Quality Pressure

risk
#568 of 736 • Bottom 22.9% in tier

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

Why This Signature
Delinquency Change (YoY): 0.06% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 1077 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 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 1077 peers in tier

Top Strengths (8 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 13.34%
#1 of 1077 Top 0.0% in 100M-500M tier
14
Loan-to-Share Ratio
balance_sheet
Value: 108.44%
Peer Avg: 72.70%
#14 of 1077 Top 1.2% in 100M-500M tier
82
Net Charge-Off Rate
risk
Value: 0.05%
Peer Avg: 0.47%
#82 of 1077 Top 7.5% in 100M-500M tier
85
Total Loans
balance_sheet
Value: $287.29M
Peer Avg: $147.80M
#85 of 1077 Top 7.8% in 100M-500M tier
185
Loan-to-Member Ratio (LMR)
engagement
Value: $13,086
Peer Avg: $10,245
#185 of 1077 Top 17.1% in 100M-500M tier
215
Total Members
engagement
Value: 21,954
Peer Avg: 15,628
#215 of 1077 Top 19.9% in 100M-500M tier
230
Total Assets
balance_sheet
Value: $334.32M
Peer Avg: $231.30M
#230 of 1077 Top 21.3% in 100M-500M tier
249
Members Per Employee (MPE)
engagement
Value: 385.158
Peer Avg: 332.881
#249 of 1077 Top 23.0% in 100M-500M tier

Top Weaknesses (6 metrics)

975
Efficiency Ratio
profitability
Value: 90.83%
Peer Avg: 77.28%
#975 of 1077 Bottom 9.6% in 100M-500M tier
922
Asset Growth Rate
growth
Value: -0.82%
Peer Avg: 4.70%
#922 of 1077 Bottom 14.5% in 100M-500M tier
919
Fee Income Per Member
profitability
Value: $99.83
Peer Avg: $174.31
#919 of 1077 Bottom 14.8% in 100M-500M tier
876
Return on Assets (ROA)
profitability
Value: 0.30%
Peer Avg: 0.79%
#876 of 1077 Bottom 18.8% in 100M-500M tier
840
Member Growth Rate
growth
Value: -2.44%
Peer Avg: 0.72%
#840 of 1077 Bottom 22.1% in 100M-500M tier
829
Net Interest Margin (NIM)
profitability
Value: 3.09%
Peer Avg: 3.58%
#829 of 1077 Bottom 23.1% in 100M-500M tier