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Mack Printing Emp.

Easton, PA · Charter 20476

Q3 2014

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: Q3 2014, the quarter ended September 30, 2014, 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

Mack Printing Emp.

Easton, PA · Charter 20476

Q3 2014

$14.1MAssets
$2.1MLoans
$12.8MShares
$1.3MNet 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 -0.70%, down 20 bps year over year; NIM at 0.96%.
  • Asset quality: problem loans at 3.04% of loans (+121 bps YoY).
  • Capital: net worth / assets of 9.24%, down 2 bps from a year ago.
  • Funding: loans stand at 16.50% of shares as of Q3 2014.

Financial Results

Return on Assets (YTD, annualized)

-0.70%-20 bps YoY

Net Interest Margin (YTD, annualized)

0.96%+1 bps YoY

Efficiency Ratio (YTD, annualized)

175.92%+2,971 bps YoY

Net Worth / Assets

9.24%-2 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2013Q4 2013Q1 2014Q2 2014Q3 2014YoY ΔTrend
Earnings
Return on Assets-0.51%-0.94%-0.85%-0.74%-0.70%-20 bps
Return on Equity-5.47%-10.02%-9.13%-7.97%-7.63%-216 bps
Net Interest Margin0.96%1.03%0.95%0.91%0.96%+1 bps
Efficiency Ratio146.21%149.40%179.90%189.03%175.92%+2,971 bps
Growth
Asset Growth (YoY)0.60%-7.21%-8.56%-9.32%-10.30%-1,090 bps
Loan Growth (YoY)-13.22%-11.03%-19.34%-11.78%-17.65%-443 bps
Share Growth (YoY)1.40%-7.00%-8.33%-9.26%-10.20%-1,159 bps
Asset Quality
Delinquent Loans / Loans1.82%0.08%0.06%0.00%3.04%+121 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.18%1.74%1.87%1.49%1.66%+48 bps
Capital
Risk-Based Capital9.26%9.37%9.31%9.25%9.24%-2 bps
Net Worth / Assets9.26%9.37%9.31%9.25%9.24%-2 bps
Liquidity & Funding
Loans / Shares17.99%18.24%17.15%18.11%16.50%-149 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps