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Petrowax

Smethport, PA · Charter 23028

Q2 2013

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: Q2 2013, the quarter ended June 30, 2013, 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

Petrowax

Smethport, PA · Charter 23028

Q2 2013

$506KAssets
$361KLoans
$447KShares
$56KNet Worth

Executive Summary

  • Earnings: ROA of -0.69%, down 97 bps year over year; NIM at 4.23%.
  • Asset quality: problem loans at 0.00% of loans (-140 bps YoY).
  • Capital: net worth / assets of 11.08%, down 178 bps from a year ago.
  • Funding: loans stand at 80.78% of shares as of Q2 2013.

Return on Assets (YTD, annualized)

-0.69%-97 bps YoY

Net Interest Margin (YTD, annualized)

4.23%-85 bps YoY

Efficiency Ratio (YTD, annualized)

113.45%+1,894 bps YoY

Net Worth / Assets

11.08%-178 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets-0.13%-0.02%0.52%0.28%0.03%-0.44%-3.04%-0.69%-97 bps
Return on Equity-1.03%-0.14%4.01%2.18%0.25%-3.29%-25.30%-6.20%-838 bps
Net Interest Margin5.60%6.08%5.49%5.09%4.99%5.60%4.97%4.23%-85 bps
Efficiency Ratio102.24%100.32%90.50%94.51%99.39%107.84%160.59%113.45%+1,894 bps
Growth
Asset Growth (YoY)20.43%-7.66%-0.29%1.25%0.01%-2.47%-2.41%7.76%+651 bps
Loan Growth (YoY)1.01%-18.19%-4.74%4.77%15.25%4.28%20.42%14.30%+953 bps
Share Growth (YoY)24.77%-6.41%0.51%2.11%1.33%-2.55%-1.33%9.75%+764 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%1.47%1.40%2.14%11.63%3.44%0.00%-140 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.50%0.50%0.54%0.48%0.44%0.48%0.45%0.11%-37 bps
Capital
Risk-Based Capital12.26%13.53%13.01%12.85%12.36%13.43%12.02%11.08%-178 bps
Net Worth / Assets12.26%13.53%13.01%12.85%12.36%13.43%12.02%11.08%-178 bps
Liquidity & Funding
Loans / Shares71.78%78.12%69.23%77.56%81.65%83.60%84.49%80.78%+321 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps