榆次农商行成中国中小银行风险样本 连亏两年不良率34.43%资本充足率-21%

Core Viewpoint - The operational difficulties faced by Shanxi Yuci Rural Commercial Bank have become a typical example of risk resolution among small and medium-sized banks, highlighted by continuous losses and deteriorating asset quality [1][3][5]. Financial Performance - In 2024, Yuci Rural Commercial Bank reported an operating income of -22.32 million yuan and a net profit of -206 million yuan, marking two consecutive years of negative operating income and net profit [1][4]. - The bank's interest income and interest expenses for 2024 were 458 million yuan and 553 million yuan, respectively, resulting in a negative net interest margin of -0.53% and a net interest income of -95.57 million yuan [5]. - As of March 2025, the bank's total assets were 23.195 billion yuan, total liabilities were 22.484 billion yuan, with loan balances at 11.21 billion yuan and deposit balances at 20.799 billion yuan [5]. Asset Quality - By the end of 2024, the non-performing loan balance reached 3.756 billion yuan, an increase of 1.097 billion yuan (over 41%) from the previous year, with a non-performing loan ratio climbing to 34.43%, up 11.51 percentage points [1][7]. - The bank's loan impairment provision balance was only 14 million yuan, resulting in a provision coverage ratio of just 0.38%, significantly below industry standards and regulatory requirements [7][8]. Capital Adequacy - The bank's core Tier 1 capital adequacy ratio and total capital adequacy ratio were -23.87% and -21.26%, respectively, indicating severe capital deficiency due to ongoing losses and an expanding loan loss provision gap [1][8]. - As of the end of 2024, the bank's core Tier 1 capital net amount and total capital net amount were -4.209 billion yuan and -3.749 billion yuan, respectively [8]. Credit Rating - The bank's credit rating was downgraded by China Chengxin International from BB to BB-, with a stable outlook, reflecting its deteriorating asset quality and ongoing profitability pressures [5][6]. Recent Developments - In the first quarter of 2025, the bank unexpectedly achieved profitability with an operating income of 43.58 million yuan and a net profit of 10.59 million yuan, primarily driven by a significant increase in investment income [2][8].