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Avco-Mass

Wilmington, MA · Charter 11765

NCUA · 2 branches

Q1 2017

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2017, the quarter ended March 31, 2017, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Avco-Mass

Wilmington, MA · Charter 11765

NCUA · 2 branches

Q1 2017

$18.2MAssets
$6.4MLoans
$16.9MShares
$1.6MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of -0.69%, down 125 bps year over year; NIM at 2.43%.
  • Asset quality: problem loans at 0.03% of loans (-13 bps YoY).
  • Capital: net worth / assets of 8.65%, down 18 bps from a year ago.
  • Funding: loans stand at 38.18% of shares as of Q1 2017.

Financial Results

Return on Assets (YTD, annualized)

-0.69%-125 bps YoY

Net Interest Margin (YTD, annualized)

2.43%-46 bps YoY

Efficiency Ratio (YTD, annualized)

113.16%+2,802 bps YoY

Net Worth / Assets

8.65%-18 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets0.56%0.34%0.12%0.23%-0.69%-125 bps
Return on Equity6.31%3.84%1.43%2.53%-8.01%-1,432 bps
Net Interest Margin2.90%2.76%2.63%2.67%2.43%-46 bps
Efficiency Ratio85.13%90.50%91.37%89.80%113.16%+2,802 bps
Growth
Asset Growth (YoY)-3.34%-3.78%2.20%1.18%2.25%+558 bps
Loan Growth (YoY)-1.31%-0.01%-4.02%-4.30%-15.91%-1,460 bps
Share Growth (YoY)-3.91%-3.70%2.22%2.05%2.45%+636 bps
Asset Quality
Delinquent Loans / Loans0.16%0.09%0.03%0.11%0.03%-13 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.51%0.39%0.64%0.59%0.70%+18 bps
Capital
Risk-Based Capital8.83%8.97%8.65%8.99%8.65%-18 bps
Net Worth / Assets8.83%8.97%8.65%8.99%8.65%-18 bps
Liquidity & Funding
Loans / Shares46.52%45.34%42.45%43.34%38.18%-834 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps