Norfolk, VA · Charter 12630
NCUA · 3 branches
Q3 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2018, the quarter ended September 30, 2018, 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.
Norfolk, VA · Charter 12630
NCUA · 3 branches
Q3 2018
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 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.66% | 0.29% | 0.44% | 0.28% | -0.23% | -1.06% | -2.92% | -2.13% | -241 bps | |
| Return on Equity | 6.50% | 2.79% | 4.40% | 2.73% | -2.37% | -11.26% | -34.39% | -23.99% | -2,672 bps | |
| Net Interest Margin | 4.87% | 5.02% | 5.09% | 5.24% | 5.13% | 5.23% | 5.35% | 5.56% | +32 bps | |
| Efficiency Ratio | 81.92% | 80.99% | 81.65% | 78.90% | 84.01% | 75.25% | 82.62% | 82.28% | +337 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.60% | 6.76% | 3.24% | 0.23% | 0.41% | -1.83% | -4.20% | -8.54% | -877 bps | |
| Loan Growth (YoY) | 3.24% | 8.53% | 8.96% | 8.53% | 12.38% | 8.34% | 3.36% | -4.01% | -1,254 bps | |
| Share Growth (YoY) | 8.33% | 7.54% | 2.93% | 1.04% | -0.35% | -0.60% | -1.33% | -6.58% | -762 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.90% | 1.15% | 1.12% | 1.34% | 0.95% | 1.45% | 0.58% | 0.60% | -74 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 | 0.92% | 0.96% | 0.92% | 1.07% | 1.11% | 1.51% | 1.85% | 1.86% | +79 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 10.18% | 10.24% | 10.10% | 10.13% | 9.57% | 9.40% | 8.50% | 8.89% | -125 bps | |
| Net Worth / Assets | 10.18% | 10.24% | 10.10% | 10.13% | 9.57% | 9.40% | 8.50% | 8.89% | -125 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 89.04% | 92.36% | 97.05% | 97.40% | 100.41% | 100.67% | 101.65% | 100.08% | +268 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |