Sudbury, MA · Charter 14847
NCUA · 1 branch
Q1 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2024, the quarter ended March 31, 2024, 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.
Sudbury, MA · Charter 14847
NCUA · 1 branch
Q1 2024
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 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.64% | -0.44% | -0.15% | 1.73% | 1.77% | 1.72% | 1.65% | -2.09% | -382 bps | |
| Return on Equity | -5.17% | -3.40% | -1.10% | 11.58% | 11.44% | 10.28% | 9.21% | -11.62% | -2,321 bps | |
| Net Interest Margin | 1.45% | 1.76% | 2.13% | 4.22% | 4.25% | 4.59% | 4.77% | 5.16% | +94 bps | |
| Efficiency Ratio | 142.35% | 124.24% | 106.77% | 56.10% | 57.12% | 60.11% | 63.42% | 138.10% | +8,200 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.09% | -5.56% | -8.44% | -13.37% | -13.82% | -14.16% | -16.36% | -13.76% | -38 bps | |
| Loan Growth (YoY) | -1.80% | -2.11% | -1.03% | -1.24% | -4.07% | -7.50% | 2.51% | 10.84% | +1,208 bps | |
| Share Growth (YoY) | -2.87% | -5.89% | -9.57% | -15.85% | -16.99% | -18.01% | -20.84% | -17.35% | -151 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 11.62% | 8.88% | 8.78% | 9.30% | 10.92% | 8.46% | 9.84% | 10.59% | +129 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 | 1.05% | 0.96% | 0.96% | 1.20% | 1.16% | 1.19% | 1.13% | 1.11% | -9 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 12.39% | 13.06% | 13.58% | 14.94% | 15.50% | 16.78% | 17.88% | 18.00% | +306 bps | |
| Net Worth / Assets | 12.39% | 13.06% | 13.58% | 14.94% | 15.50% | 16.78% | 17.88% | 18.00% | +306 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 29.84% | 32.06% | 32.82% | 32.98% | 34.48% | 36.17% | 42.50% | 44.24% | +1,125 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |