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W.O.D.

Forty-Fort, PA · Charter 17460

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

W.O.D.

Forty-Fort, PA · Charter 17460

NCUA · 1 branch

Q4 2018

$2.5MAssets
$1.4MLoans
$2.3MShares
$225KNet 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 -0.18%, down 26 bps year over year; NIM at 4.10%.
  • Asset quality: problem loans at 1.63% of loans (+142 bps YoY).
  • Capital: net worth / assets of 8.88%, up 249 bps from a year ago.
  • Funding: loans stand at 61.48% of shares as of Q4 2018.

Financial Results

Return on Assets (YTD, annualized)

-0.18%-26 bps YoY

Net Interest Margin (YTD, annualized)

4.10%+166 bps YoY

Efficiency Ratio (YTD, annualized)

92.18%-462 bps YoY

Net Worth / Assets

8.88%+249 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2017Q1 2018Q2 2018Q3 2018Q4 2018YoY ΔTrend
Earnings
Return on Assets0.08%-0.92%-0.68%-0.07%-0.18%-26 bps
Return on Equity1.31%-15.15%-9.57%-0.96%-2.00%-331 bps
Net Interest Margin2.44%2.72%3.25%3.39%4.10%+166 bps
Efficiency Ratio96.80%97.65%94.70%86.19%92.18%-462 bps
Growth
Asset Growth (YoY)22.14%12.41%-7.64%-13.62%-29.44%-5,158 bps
Loan Growth (YoY)22.02%43.73%44.97%33.16%24.41%+240 bps
Share Growth (YoY)23.89%13.46%-8.02%-14.64%-31.45%-5,534 bps
Asset Quality
Delinquent Loans / Loans0.21%0.18%0.18%0.65%1.63%+142 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.29%0.01%0.35%0.29%0.29%0 bps
Capital
Risk-Based Capital6.39%6.07%7.07%7.54%8.88%+249 bps
Net Worth / Assets6.39%6.07%7.07%7.54%8.88%+249 bps
Liquidity & Funding
Loans / Shares33.87%38.30%45.54%50.55%61.48%+2,760 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps