PackageTrendsPeer
Letter portraitLegal landscape

Millwrights & Mach Erec O Pit

Saltsburg, PA · Charter 18444

Q4 2015

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 2015, the quarter ended December 31, 2015, 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

Millwrights & Mach Erec O Pit

Saltsburg, PA · Charter 18444

Q4 2015

$495KAssets
$182KLoans
$416KShares
$80KNet 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 -7.21%, down 630 bps year over year; NIM at 6.12%.
  • Asset quality: problem loans at 11.85% of loans (-4,590 bps YoY).
  • Capital: net worth / assets of 16.10%, down 458 bps from a year ago.
  • Funding: loans stand at 43.79% of shares as of Q4 2015.

Financial Results

Return on Assets (YTD, annualized)

-7.21%-630 bps YoY

Net Interest Margin (YTD, annualized)

6.12%+191 bps YoY

Efficiency Ratio (YTD, annualized)

42.18%-113 bps YoY

Net Worth / Assets

16.10%-458 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2014Q1 2015Q2 2015Q3 2015Q4 2015YoY ΔTrend
Earnings
Return on Assets-0.92%3.82%-26.84%-12.68%-7.21%-630 bps
Return on Equity-4.44%17.94%-260%-89.46%-44.80%-4,037 bps
Net Interest Margin4.21%6.15%7.76%7.99%6.12%+191 bps
Efficiency Ratio43.32%38.17%36.63%34.37%42.18%-113 bps
Growth
Asset Growth (YoY)-0.33%0.19%-15.09%-13.57%-12.02%-1,170 bps
Loan Growth (YoY)4.30%1.25%-26.18%-36.81%-38.89%-4,319 bps
Share Growth (YoY)1.02%1.74%-1.31%-6.12%-5.31%-633 bps
Asset Quality
Delinquent Loans / Loans57.75%48.08%11.84%6.18%11.85%-4,590 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans12.37%12.77%23.00%25.16%23.41%+1,104 bps
Capital
Risk-Based Capital20.67%21.28%10.31%14.17%16.10%-458 bps
Net Worth / Assets20.67%21.28%10.31%14.17%16.10%-458 bps
Liquidity & Funding
Loans / Shares67.86%65.16%50.43%48.09%43.79%-2,406 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps