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I B M Pittsburgh

Pittsburgh, PA · Charter 21346

Q1 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: Q1 2014, the quarter ended March 31, 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

I B M Pittsburgh

Pittsburgh, PA · Charter 21346

Q1 2014

$515KAssets
$70KLoans
$454KShares
$61KNet Worth

Executive Summary

  • Earnings: ROA of -5.74%, down 200 bps year over year; NIM at 0.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 11.83%, down 423 bps from a year ago.
  • Funding: loans stand at 15.31% of shares as of Q1 2014.

Return on Assets (YTD, annualized)

-5.74%-200 bps YoY

Net Interest Margin (YTD, annualized)

0.87%-8 bps YoY

Efficiency Ratio (YTD, annualized)

763%+26,860 bps YoY

Net Worth / Assets

11.83%-423 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets-5.38%-5.88%-5.49%-3.74%-4.19%-4.75%-4.84%-5.74%-200 bps
Return on Equity-26.59%-31.61%-31.13%-23.26%-27.86%-35.19%-39.18%-48.48%-2,522 bps
Net Interest Margin1.70%1.58%1.47%0.95%0.91%0.88%0.93%0.87%-8 bps
Efficiency Ratio410%456%460%494%560%642%622%763%+26,860 bps
Growth
Asset Growth (YoY)-7.27%-6.72%-7.15%3.30%2.05%2.73%2.69%-7.93%-1,124 bps
Loan Growth (YoY)-31.61%-45.37%-47.29%-48.27%-48.82%-6.15%-7.72%0.34%+4,862 bps
Share Growth (YoY)-4.80%-2.57%-2.85%11.17%9.08%10.14%9.95%-3.26%-1,443 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans2.03%2.81%3.19%3.77%3.98%2.99%3.46%3.75%-1 bps
Capital
Risk-Based Capital20.24%18.60%17.65%16.07%15.04%13.51%12.35%11.83%-423 bps
Net Worth / Assets20.24%18.60%17.65%16.07%15.04%13.51%12.35%11.83%-423 bps
Liquidity & Funding
Loans / Shares29.66%21.24%18.53%14.76%13.92%18.10%15.55%15.31%+55 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps