Versailles, CT · Charter 16122
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 2008, 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.
Versailles, CT · Charter 16122
Q1 2008
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
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 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.86% | 0.70% | 0.79% | 0.77% | 0.22% | -64 bps | |
| Return on Equity | 4.08% | 3.27% | 3.36% | 3.13% | 0.91% | -317 bps | |
| Net Interest Margin | 4.76% | 4.70% | 5.13% | 5.31% | 4.75% | -1 bps | |
| Efficiency Ratio | 79.61% | 82.72% | 82.58% | 83.93% | 95.42% | +1,581 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -1.56% | -3.59% | -6.59% | -10.21% | -11.85% | -1,029 bps | |
| Loan Growth (YoY) | -6.77% | 7.28% | -5.58% | 3.55% | 2.42% | +919 bps | |
| Share Growth (YoY) | -2.89% | -5.50% | -9.36% | -13.89% | -15.68% | -1,279 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | +10 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.68% | 1.65% | 1.94% | 1.84% | 2.02% | +34 bps | |
| Capital | |||||||
| Risk-Based Capital | 21.09% | 21.33% | 23.43% | 24.70% | 24.50% | +341 bps | |
| Net Worth / Assets | 21.09% | 21.33% | 23.43% | 24.70% | 24.50% | +341 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 43.73% | 48.19% | 52.57% | 58.98% | 53.12% | +939 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |