BRAGG MUTUAL

Charter #7955 | NC

100M-500M (1077 CUs) Micro
12 100M-500M in NC

BRAGG MUTUAL has 5 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 3.4% in tier
  • + Relationship Depth Leader: Top 6.3% in tier
  • + Asset Growth Rate: Top 6.0% in tier
  • + Deposit Growth Rate: Top 6.0% in tier
  • + AMR Growth Rate: Top 7.1% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Drag: Bottom 7.6% in tier
  • - Membership Headwinds: Bottom 30.8% in tier
  • - Stagnation Risk: Bottom 33.2% in tier
  • - ROA 1.08% below tier average
  • - Efficiency ratio 14.47% above tier (higher cost structure)
  • - Delinquency rate 0.39% above tier average
  • - Net Worth Ratio: Bottom 7.9% in tier
  • - Net Charge-Off Rate: Bottom 8.2% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Members 9,608
-0.8% YoY+0.0% QoQ
 -6.0K 15,628
-3.4% YoY
 91,841
+6.6% YoY
 33,089
+6.1% YoY
 27th in tier
Assets $128.3M
+12.0% YoY-1.4% QoQ
 $-103.0M $231.3M
-0.0% YoY
 $1.5B
+5.5% YoY
 $547.7M
+7.8% YoY
 Bottom 19.3% in tier
Loans $74.1M
+5.9% YoY+4.2% QoQ
 $-73.7M $147.8M
-1.4% YoY
 $1.1B
+9.9% YoY
 $388.7M
+8.6% YoY
 Bottom 18.2% in tier
Deposits $115.5M
+12.8% YoY-2.0% QoQ
 $-84.8M $200.3M
-0.0% YoY
 $1.3B
+12.1% YoY
 $464.6M
+9.3% YoY
 Bottom 21.8% in tier
ROA -0.3%
-230.3% YoY-27.5% QoQ
 -1.1% 0.8%
+15.5% YoY
 0.4%
-19.0% YoY
 0.7%
+273.4% YoY
 Bottom 3.0% in tier
NIM 3.4%
-17.7% YoY+3.8% QoQ
 -0.2% 3.6%
+6.9% YoY
 4.1%
+4.0% YoY
 3.7%
+5.0% YoY
 36th in tier
Efficiency Ratio 91.8%
+4.9% YoY-2.2% QoQ
 +14.5% 77.3%
-3.0% YoY
 81.5%
-1.2% YoY
 79.1%
-3.3% YoY
 Top 7.9% in tier
Delinquency Rate 1.2%
-51.2% YoY-44.6% QoQ
 +0.4 0.9%
+7.6% YoY
 1.5%
+2.4% YoY
 1.2%
-0.9% YoY
 Top 20.9% in tier
Loan To Share 64.2%
-6.1% YoY+6.3% QoQ
 -8.5% 72.7%
-1.5% YoY
 76.3%
+1.1% YoY
 68.0%
-1.7% YoY
 30th in tier
AMR $19,734
+10.8% YoY+0.3% QoQ
 $-5K $24,363
+2.9% YoY
 $17,441
+4.0% YoY
 $19,418
+1.3% YoY
 33rd in tier
CD Concentration 29.5%
+3.6% YoY-7.3% QoQ
 +5.1% 24.4%
+4.2% YoY
 20.6%
+2.2% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 0.1%
-65.7% YoY-22.2% QoQ
 -13.9% 14.0%
-5.8% YoY
 5.3%
-2.9% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (2)

Wallet Share Momentum

growth
#95 of 1006 • Top 3.4% in tier

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

Why This Signature
AMR Growth (YoY): 10.84%
(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 improving

Relationship Depth Leader

growth
#175 of 1006 • Top 6.3% in tier

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

Why This Signature
AMR Growth (YoY): 10.84%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.6K
(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 improving

Concerns (3)

Efficiency Drag

risk
#135 of 521 • Bottom 7.6% in tier

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

Why This Signature
Efficiency Ratio: 91.75%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): -0.52% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -0.76%
(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

Membership Headwinds

decline
#507 of 550 • Bottom 30.8% in tier

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

Why This Signature
Member Growth (YoY): -0.76%
(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 worsening

Stagnation Risk

risk
#547 of 550 • Bottom 33.2% 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): -0.76%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $19.7K
(Tier: $25.0K, National: $19.4K)
worse than tier avg
CD Concentration: 29.55%
(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 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 (4 metrics)

66
Asset Growth Rate
growth
Value: 11.96%
Peer Avg: 4.70%
#66 of 1077 Top 6.0% in 100M-500M tier
66
Deposit Growth Rate
growth
Value: 12.80%
Peer Avg: 4.69%
#66 of 1077 Top 6.0% in 100M-500M tier
77
AMR Growth Rate
growth
Value: 10.84%
Peer Avg: 3.64%
#77 of 1077 Top 7.1% in 100M-500M tier
262
Fee Income Per Member
profitability
Value: $215.77
Peer Avg: $174.31
#262 of 1077 Top 24.2% in 100M-500M tier

Top Weaknesses (8 metrics)

1045
Return on Assets (ROA)
profitability
Value: -0.30%
Peer Avg: 0.79%
#1045 of 1077 Bottom 3.1% in 100M-500M tier
993
Efficiency Ratio
profitability
Value: 91.75%
Peer Avg: 77.28%
#993 of 1077 Bottom 7.9% in 100M-500M tier
993
Net Worth Ratio
risk
Value: 8.46%
Peer Avg: 12.15%
#993 of 1077 Bottom 7.9% in 100M-500M tier
990
Net Charge-Off Rate
risk
Value: 1.09%
Peer Avg: 0.47%
#990 of 1077 Bottom 8.2% in 100M-500M tier
881
Total Loans
balance_sheet
Value: $74.10M
Peer Avg: $147.80M
#881 of 1077 Bottom 18.3% in 100M-500M tier
869
Total Assets
balance_sheet
Value: $128.27M
Peer Avg: $231.30M
#869 of 1077 Bottom 19.4% in 100M-500M tier
853
Total Delinquency Rate (60+ days)
risk
Value: 1.25%
Peer Avg: 0.86%
#853 of 1077 Bottom 20.9% in 100M-500M tier
842
Total Deposits
balance_sheet
Value: $115.50M
Peer Avg: $200.29M
#842 of 1077 Bottom 21.9% in 100M-500M tier