Worcester, MA · Charter 22798
Q1 2014
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Worcester, MA · Charter 22798
Q1 2014
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 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.83% | -0.87% | -0.89% | -0.99% | -2.62% | -2.34% | -2.76% | -5.30% | -430 bps | |
| Return on Equity | -8.89% | -9.16% | -9.41% | -10.83% | -30.67% | -28.36% | -36.28% | -83.87% | -7,304 bps | |
| Net Interest Margin | 2.17% | 2.30% | 2.46% | 2.46% | 2.34% | 2.30% | 2.28% | 1.02% | -144 bps | |
| Efficiency Ratio | 135.02% | 135.07% | 133.69% | 135.82% | 148.88% | 154.09% | 180.56% | 566% | +43,007 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.10% | -5.26% | -6.52% | -7.02% | -10.53% | -8.02% | -9.44% | -9.42% | -240 bps | |
| Loan Growth (YoY) | -7.34% | -6.82% | -12.06% | -12.06% | -12.08% | -10.60% | -4.36% | -4.84% | +721 bps | |
| Share Growth (YoY) | 1.09% | -3.46% | -6.35% | -6.61% | -9.78% | -6.72% | -7.50% | -6.43% | +18 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 5.50% | 10.70% | 6.03% | 5.88% | 1.04% | 0.42% | 0.62% | 0.28% | -560 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.36% | 1.38% | 1.37% | 1.29% | 2.08% | 2.29% | 2.38% | 3.79% | +250 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.32% | 9.52% | 9.47% | 9.18% | 8.55% | 8.26% | 7.61% | 6.32% | -287 bps | |
| Net Worth / Assets | 9.32% | 9.52% | 9.47% | 9.18% | 8.55% | 8.26% | 7.61% | 6.32% | -287 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 33.06% | 34.02% | 32.41% | 31.72% | 32.22% | 32.61% | 33.51% | 32.26% | +54 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |