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West Springfield M E

W. Springfield, MA · Charter 13781

NCUA · 1 branch

Q4 2018

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: Q4 2018, the quarter ended December 31, 2018, 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

West Springfield M E

W. Springfield, MA · Charter 13781

NCUA · 1 branch

Q4 2018

$28.6MAssets
$10.5MLoans
$26.3MShares
$2.3MNet 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 0.03%, up 24 bps year over year; NIM at 2.51%.
  • Asset quality: problem loans at 1.34% of loans (+3 bps YoY).
  • Capital: net worth / assets of 7.96%, up 12 bps from a year ago.
  • Funding: loans stand at 39.95% of shares as of Q4 2018.

Financial Results

Return on Assets (YTD, annualized)

0.03%+24 bps YoY

Net Interest Margin (YTD, annualized)

2.51%+26 bps YoY

Efficiency Ratio (YTD, annualized)

95.99%-241 bps YoY

Net Worth / Assets

7.96%+12 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2017Q1 2018Q2 2018Q3 2018Q4 2018YoY ΔTrend
Earnings
Return on Assets-0.20%-0.46%-0.07%0.12%0.03%+24 bps
Return on Equity-2.61%-6.10%-0.88%1.46%0.43%+304 bps
Net Interest Margin2.26%2.32%2.37%2.45%2.51%+26 bps
Efficiency Ratio98.40%98.47%94.39%89.93%95.99%-241 bps
Growth
Asset Growth (YoY)2.23%0.76%-0.79%-2.26%-1.06%-328 bps
Loan Growth (YoY)14.47%14.24%8.03%1.75%2.03%-1,244 bps
Share Growth (YoY)2.65%1.26%-0.64%-2.43%-1.23%-388 bps
Asset Quality
Delinquent Loans / Loans1.31%1.34%1.26%1.51%1.34%+3 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.88%0.98%0.92%0.95%0.77%-11 bps
Capital
Risk-Based Capital7.84%7.56%7.68%7.96%7.96%+12 bps
Net Worth / Assets7.84%7.56%7.68%7.96%7.96%+12 bps
Liquidity & Funding
Loans / Shares38.68%37.77%38.46%38.34%39.95%+127 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps