Newark, NJ · Charter 112
NCUA · 1 branch
Q2 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2021, the quarter ended June 30, 2021, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Newark, NJ · Charter 112
NCUA · 1 branch
Q2 2021
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.32% | -0.22% | -0.75% | -1.20% | -1.19% | -1.40% | -4.36% | -11.11% | -991 bps | |
| Return on Equity | -2.93% | -1.91% | -6.83% | -13.41% | -13.65% | -16.65% | -65.16% | -462% | -44,871 bps | |
| Net Interest Margin | 5.13% | 5.30% | 4.60% | 3.74% | 3.62% | 3.63% | 3.10% | 3.13% | -61 bps | |
| Efficiency Ratio | 105.68% | 103.59% | 115.18% | 130.55% | 130.73% | 130.41% | 237% | n/a | n/a | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.67% | -1.80% | -1.43% | 9.62% | 14.78% | 17.43% | 22.35% | 2.76% | -687 bps | |
| Loan Growth (YoY) | -9.12% | -10.78% | -11.08% | -22.23% | -13.43% | -10.59% | -16.86% | 0.44% | +2,266 bps | |
| Share Growth (YoY) | -3.25% | -1.61% | -1.02% | 11.61% | 17.98% | 21.50% | 28.56% | 10.38% | -124 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.03% | 1.33% | 1.29% | 2.23% | 1.66% | 9.00% | 5.21% | 0.54% | -169 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.23% | 0.82% | 0.59% | 0.68% | 0.64% | 0.75% | 0.83% | 1.24% | +55 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 10.97% | 11.50% | 10.91% | 8.94% | 8.70% | 8.39% | 6.69% | 2.40% | -654 bps | |
| Net Worth / Assets | 10.97% | 11.50% | 10.91% | 8.94% | 8.70% | 8.39% | 6.69% | 2.40% | -654 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 42.29% | 41.90% | 38.77% | 28.77% | 31.03% | 30.83% | 25.07% | 26.18% | -259 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |