Anacortes, WA · Charter 11845
NCUA · 1 branch
Q1 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2021, the quarter ended March 31, 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.
Anacortes, WA · Charter 11845
NCUA · 1 branch
Q1 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 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.33% | -0.62% | -0.69% | -1.48% | -1.07% | -0.72% | -1.40% | -0.42% | +107 bps | |
| Return on Equity | -1.10% | -2.20% | -2.40% | -5.04% | -3.78% | -2.56% | -5.23% | -1.61% | +343 bps | |
| Net Interest Margin | 3.76% | 3.59% | 3.74% | 3.56% | 3.47% | 3.37% | 3.27% | 2.61% | -96 bps | |
| Efficiency Ratio | 96.02% | 99.78% | 100.23% | 110.04% | 106.43% | 101.26% | 122.30% | 115.12% | +508 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -8.05% | -0.39% | -2.55% | -3.07% | 0.81% | -3.08% | 2.18% | 9.63% | +1,270 bps | |
| Loan Growth (YoY) | 6.22% | 6.15% | 0.35% | -3.89% | -7.62% | -17.17% | -19.59% | -20.03% | -1,613 bps | |
| Share Growth (YoY) | -10.94% | -0.24% | -3.19% | -2.85% | 2.40% | -3.21% | 5.48% | 15.65% | +1,850 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.46% | 1.46% | 1.96% | 0.88% | 1.01% | 0.84% | 1.30% | 1.23% | +35 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 | 0.23% | 0.63% | 0.56% | 0.37% | 0.47% | 0.62% | 0.75% | 0.67% | +30 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 29.52% | 28.04% | 28.81% | 29.43% | 28.22% | 28.18% | 26.79% | 25.73% | -370 bps | |
| Net Worth / Assets | 29.52% | 28.04% | 28.81% | 29.43% | 28.22% | 28.18% | 26.79% | 25.73% | -370 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 103.68% | 99.07% | 102.20% | 101.71% | 93.54% | 84.78% | 77.91% | 70.33% | -3,138 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |