PackageTrendsPeer
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Western Connecticut

Newton, CT · Charter 17330

NCUA · 1 branch

Q2 2023

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: Q2 2023, the quarter ended June 30, 2023, 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

Western Connecticut

Newton, CT · Charter 17330

NCUA · 1 branch

Q2 2023

$34.0MAssets
$23.9MLoans
$32.1MShares
$2.5MNet Worth

Executive Summary

  • Earnings: ROA of 0.97%, up 52 bps year over year; NIM at 3.90%.
  • Asset quality: problem loans at 1.60% of loans (-29 bps YoY).
  • Capital: net worth / assets of 7.35%, up 110 bps from a year ago.
  • Funding: loans stand at 74.40% of shares as of Q2 2023.

Return on Assets (YTD, annualized)

0.97%+52 bps YoY

Net Interest Margin (YTD, annualized)

3.90%+130 bps YoY

Efficiency Ratio (YTD, annualized)

80.09%-546 bps YoY

Net Worth / Assets

7.35%+110 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets0.34%0.27%0.69%0.45%0.66%0.80%1.25%0.97%+52 bps
Return on Equity5.49%4.31%11.07%7.18%9.98%11.82%18.62%13.21%+603 bps
Net Interest Margin2.71%2.69%2.56%2.60%2.89%3.14%3.83%3.90%+130 bps
Efficiency Ratio93.35%94.83%80.89%85.55%80.67%77.79%77.91%80.09%-546 bps
Growth
Asset Growth (YoY)12.74%7.15%5.97%5.11%1.83%5.50%0.93%-0.42%-554 bps
Loan Growth (YoY)-8.85%-5.44%-1.23%15.78%22.55%23.64%22.62%8.29%-749 bps
Share Growth (YoY)13.17%7.39%6.06%5.83%2.94%6.27%1.83%0.17%-566 bps
Asset Quality
Delinquent Loans / Loans2.53%2.54%2.13%1.89%1.76%1.54%1.68%1.60%-29 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.52%0.47%0.49%0.44%0.47%0.44%0.00%0.00%-44 bps
Capital
Risk-Based Capital6.24%6.29%6.26%6.26%6.64%6.76%6.71%7.35%+110 bps
Net Worth / Assets6.24%6.29%6.26%6.26%6.64%6.76%6.71%7.35%+110 bps
Liquidity & Funding
Loans / Shares61.60%62.79%61.30%68.82%73.33%73.06%73.81%74.40%+558 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps