Wilmington, MA · Charter 20190
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
Wilmington, MA · Charter 20190
Q1 2004
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 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.99% | 0.84% | 0.82% | 0.83% | 0.88% | -11 bps | |
| Return on Equity | 8.53% | 7.33% | 7.18% | 6.91% | 7.31% | -122 bps | |
| Net Interest Margin | 3.09% | 3.06% | 3.00% | 3.12% | 3.05% | -4 bps | |
| Efficiency Ratio | 69.03% | 71.34% | 71.38% | 72.82% | 73.04% | +400 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 19.96% | 16.22% | 12.37% | 8.30% | 3.20% | -1,676 bps | |
| Loan Growth (YoY) | -6.97% | -2.08% | -7.35% | -4.87% | -4.87% | +210 bps | |
| Share Growth (YoY) | 21.39% | 17.28% | 12.89% | 8.47% | 2.72% | -1,867 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.69% | 0.49% | 0.46% | 0.15% | 0.07% | -61 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.72% | 0.76% | 0.80% | 0.60% | 0.48% | -24 bps | |
| Capital | |||||||
| Risk-Based Capital | 11.60% | 11.40% | 11.49% | 12.09% | 12.04% | +44 bps | |
| Net Worth / Assets | 11.60% | 11.40% | 11.49% | 12.09% | 12.04% | +44 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 44.95% | 44.06% | 42.19% | 44.17% | 41.63% | -332 bps | |
| Liquid Assets / Assets | 26.25% | 23.35% | 23.44% | 21.60% | 25.17% | -108 bps | |