SOUTHPOINT FINANCIAL

Charter #68667 | MN

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

SOUTHPOINT FINANCIAL has 4 strengths but faces 7 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Leader: Top 8.3% in tier
  • + Organic Growth Engine: Top 18.0% in tier
  • + Relationship Depth Leader: Top 18.8% in tier
  • + Wallet Share Momentum: Top 20.5% in tier

Key Concerns

Areas that may need attention

  • - Growth-at-Risk: Bottom 7.1% in tier
  • - Credit Quality Pressure: Bottom 13.5% in tier
  • - Liquidity Strain: Bottom 21.5% in tier
  • - Efficiency Drag: Bottom 23.8% in tier
  • - Indirect Auto Dependency: Bottom 25.4% in tier
  • - ROA 0.02% below tier average
  • - Efficiency ratio 5.22% above tier (higher cost structure)

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Members 33,811
+4.3% YoY+1.0% QoQ
 -5.9K 39,752
-2.7% YoY
 26,738
+5.8% YoY
 33,089
+6.1% YoY
 33rd in tier
Assets $582.9M
+6.2% YoY-0.3% QoQ
 $-39.5M $622.4M
+0.3% YoY
 $521.2M
+7.2% YoY
 $547.7M
+7.8% YoY
 37th in tier
Loans $447.0M
+9.7% YoY+1.6% QoQ
 +$11.0M $435.9M
-0.4% YoY
 $373.7M
+9.3% YoY
 $388.7M
+8.6% YoY
 55th in tier
Deposits $488.6M
+7.7% YoY+1.3% QoQ
 $-49.4M $538.0M
+1.3% YoY
 $429.0M
+9.5% YoY
 $464.6M
+9.3% YoY
 28th in tier
ROA 0.6%
+54.2% YoY+24.0% QoQ
 -0.0% 0.7%
+33.9% YoY
 1.4%
-35.4% YoY
 0.7%
+273.4% YoY
 52nd in tier
NIM 2.8%
+13.4% YoY+3.3% QoQ
 -0.6% 3.4%
+8.6% YoY
 3.7%
+9.1% YoY
 3.7%
+5.0% YoY
 Bottom 11.8% in tier
Efficiency Ratio 83.3%
-5.2% YoY-3.5% QoQ
 +5.2% 78.1%
-3.4% YoY
 74.2%
-2.5% YoY
 79.1%
-3.3% YoY
 73rd in tier
Delinquency Rate 0.4%
+118.0% YoY+381.4% QoQ
 -0.4 0.8%
-4.9% YoY
 0.9%
+10.7% YoY
 1.2%
-0.9% YoY
 27th in tier
Loan To Share 91.5%
+1.9% YoY+0.3% QoQ
 +10.5% 81.0%
-1.8% YoY
 77.1%
-1.5% YoY
 68.0%
-1.7% YoY
 Top 24.9% in tier
AMR $27,672
+4.1% YoY+0.4% QoQ
 +$1K $26,482
+2.6% YoY
 $23,275
+3.9% YoY
 $19,418
+1.3% YoY
 65th in tier
CD Concentration 36.3%
+6.3% YoY+4.7% QoQ
 +11.9% 24.4%
+4.2% YoY
 22.0%
+1.9% YoY
 19.6%
+6.2% YoY
 Top 13.0% in tier
Indirect Auto % 19.2%
-0.6% YoY-2.7% QoQ
 +5.2% 14.0%
-5.8% YoY
 6.6%
-8.5% YoY
 7.9%
-2.9% YoY
 69th in tier

Signature Analysis

Strengths (4)

Organic Growth Leader

growth
#110 of 430 • Top 8.3% in tier

Attracting members without relying on indirect channels. Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 4.32%
(Tier: 0.88%, National: 9.37%)
better than tier avg
430 of 281 Community CUs have this signature | 608 nationally
↓ Shrinking -21 CUs YoY | Rank worsening

Organic Growth Engine

growth
#331 of 603 • Top 18.0% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 4.32%
(Tier: 0.88%, National: 9.37%)
better than tier avg
Return on Assets: 0.64%
(Tier: 0.77%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 19.16%
(Tier: 13.96%, National: 7.90%)
but worse than tier avg
603 of 281 Community CUs have this signature | 917 nationally
→ Stable (608→603 CUs) -5 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#520 of 1006 • Top 18.8% in tier

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

Why This Signature
AMR Growth (YoY): 4.13%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.7K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Wallet Share Momentum

growth
#567 of 1006 • Top 20.5% in tier

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

Why This Signature
AMR Growth (YoY): 4.13%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Concerns (5)

Growth-at-Risk

risk
#107 of 446 • Bottom 7.1% in tier

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

Why This Signature
Loan Growth (YoY): 9.72%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.22% 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

Credit Quality Pressure

risk
#336 of 736 • Bottom 13.5% in tier

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

Why This Signature
Delinquency Change (YoY): 0.22% 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 | New qualifier

Liquidity Strain

risk
#167 of 258 • Bottom 21.5% in tier

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

Why This Signature
Loan-to-Share Ratio: 91.48%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 9.72%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
258 of 281 Community CUs have this signature | 484 nationally
↓ Shrinking -28 CUs YoY | New qualifier

Efficiency Drag

risk
#420 of 521 • Bottom 23.8% in tier

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

Why This Signature
Efficiency Ratio: 83.32%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.23% points
(Tier: 0.11% points, National: 0.05% points)
but better than tier avg
Member Growth (YoY): 4.32%
(Tier: 0.88%, National: 9.37%)
but better than tier avg
521 of 281 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank worsening

Indirect Auto Dependency

risk
#409 of 525 • Bottom 25.4% in tier

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

Why This Signature
Asset Growth (YoY): 6.24%
(Tier: 4.61%, National: 3.04%)
but better than tier avg
Indirect Auto %: 19.16%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 4.32%
(Tier: 0.88%, National: 9.37%)
but better than tier avg
525 of 281 Community CUs have this signature | 768 nationally
↓ Shrinking -18 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 (5 metrics)

24
Net Charge-Off Rate
risk
Value: 0.15%
Peer Avg: 0.51%
#24 of 169 Top 13.6% in 500M-750M tier
27
Member Growth Rate
growth
Value: 4.32%
Peer Avg: 1.75%
#27 of 169 Top 15.4% in 500M-750M tier
33
Loan Growth Rate
growth
Value: 9.72%
Peer Avg: 4.04%
#33 of 169 Top 18.9% in 500M-750M tier
42
Loan-to-Share Ratio
balance_sheet
Value: 91.48%
Peer Avg: 81.02%
#42 of 169 Top 24.3% in 500M-750M tier
42
Loan-to-Member Ratio (LMR)
engagement
Value: $13,220
Peer Avg: $11,805
#42 of 169 Top 24.3% in 500M-750M tier

Top Weaknesses (3 metrics)

149
Net Interest Margin (NIM)
profitability
Value: 2.78%
Peer Avg: 3.43%
#149 of 169 Bottom 12.4% in 500M-750M tier
146
Share Certificate Concentration (%)
balance_sheet
Value: 36.30%
Peer Avg: 26.87%
#146 of 169 Bottom 14.2% in 500M-750M tier
141
First Mortgage Concentration (%)
balance_sheet
Value: 47.50%
Peer Avg: 33.53%
#141 of 169 Bottom 17.2% in 500M-750M tier