Balance sheet growth rates for Ohio mutuals declined precipitously in the first quarter of 2019 compared with first quarter 2018 results.  Through the first quarter of 2019, total assets increased by 1.5 percent compared with 4.3 percent for the same period of 2018.  Total loans increased by 1.2 percent in Q1 ’19 compared with 5.2 percent in Q1 ’18 while total deposits shrank by -0.80 percent in Q1 ’19 compared with an increase of 3.9 percent in Q1 ’18.

Return on average assets for all Ohio mutuals for the first quarter of 2019 at 0.40 percent did not change from first quarter 2018 results.

 

Mutual Ranking - March 31, 2019