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IBEW 968

Parkersburg, WV · Charter 14020

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

IBEW 968

Parkersburg, WV · Charter 14020

NCUA · 1 branch

Q4 2018

$5.4MAssets
$1.2MLoans
$4.7MShares
$681KNet Worth

Executive Summary

  • Earnings: ROA of 0.02%, up 41 bps year over year; NIM at 1.78%.
  • Asset quality: problem loans at 0.17% of loans (-2 bps YoY).
  • Capital: net worth / assets of 12.58%, down 41 bps from a year ago.
  • Funding: loans stand at 24.68% of shares as of Q4 2018.

Return on Assets (YTD, annualized)

0.02%+41 bps YoY

Net Interest Margin (YTD, annualized)

1.78%+10 bps YoY

Efficiency Ratio (YTD, annualized)

99.10%-2,168 bps YoY

Net Worth / Assets

12.58%-41 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018Q2 2018Q3 2018Q4 2018YoY ΔTrend
Earnings
Return on Assets-0.31%-0.48%-0.45%-0.39%-0.15%-0.23%0.07%0.02%+41 bps
Return on Equity-2.01%-3.46%-3.01%-2.98%-1.14%-1.84%0.53%0.15%+313 bps
Net Interest Margin1.99%1.72%1.86%1.67%1.94%1.76%1.99%1.78%+10 bps
Efficiency Ratio114.16%125.28%121.55%120.78%107.06%111.85%96.81%99.10%-2,168 bps
Growth
Asset Growth (YoY)-9.85%-12.16%-2.80%2.89%13.14%8.27%7.47%3.39%+50 bps
Loan Growth (YoY)-1.37%3.12%6.86%12.87%4.83%2.88%-2.02%-8.01%-2,087 bps
Share Growth (YoY)-11.34%-13.63%-2.69%3.77%16.05%9.95%8.69%3.87%+10 bps
Asset Quality
Delinquent Loans / Loans0.93%0.32%0.27%0.19%0.00%0.21%0.19%0.17%-2 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.00%0.94%0.87%0.89%0.95%0.92%0.89%0.97%+8 bps
Capital
Risk-Based Capital15.50%13.92%14.78%12.99%13.34%12.58%13.71%12.58%-41 bps
Net Worth / Assets15.50%13.92%14.78%12.99%13.34%12.58%13.71%12.58%-41 bps
Liquidity & Funding
Loans / Shares30.00%28.21%32.87%27.87%27.10%26.39%29.63%24.68%-319 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps