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U.F.C.W. Local 371

Westport, CT · Charter 23036

Q2 2011

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 2011, the quarter ended June 30, 2011, 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

U.F.C.W. Local 371

Westport, CT · Charter 23036

Q2 2011

$4.7MAssets
$1.0MLoans
$4.0MShares
$736KNet 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 -5.48%, down 456 bps year over year; NIM at 2.38%.
  • Asset quality: problem loans at 0.30% of loans (-120 bps YoY).
  • Capital: net worth / assets of 15.64%, down 215 bps from a year ago.
  • Funding: loans stand at 26.33% of shares as of Q2 2011.

Financial Results

Return on Assets (YTD, annualized)

-5.48%-456 bps YoY

Net Interest Margin (YTD, annualized)

2.38%-108 bps YoY

Efficiency Ratio (YTD, annualized)

327%+22,548 bps YoY

Net Worth / Assets

15.64%-215 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2009Q1 2010Q3 2010Q1 2011Q2 2011YoY ΔTrend
Earnings
Return on Assets-0.93%0.28%0.10%-2.62%-5.48%-456 bps
Return on Equity-5.21%1.60%0.60%-15.47%-35.06%-2,986 bps
Net Interest Margin3.46%3.15%2.91%2.45%2.38%-108 bps
Efficiency Ratio101.75%75.39%76.07%206%327%+22,548 bps
Growth
Asset Growth (YoY)-1.00%1.85%0.33%-4.52%-5.96%-496 bps
Loan Growth (YoY)-7.89%-6.49%-17.10%-33.47%-30.75%-2,286 bps
Share Growth (YoY)1.15%3.57%1.70%-3.23%-3.10%-425 bps
Asset Quality
Delinquent Loans / Loans1.51%0.83%2.13%1.92%0.30%-120 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.85%3.11%3.27%4.48%4.86%+201 bps
Capital
Risk-Based Capital17.79%17.29%17.06%16.93%15.64%-215 bps
Net Worth / Assets17.79%17.29%17.06%16.93%15.64%-215 bps
Liquidity & Funding
Loans / Shares36.84%33.91%28.80%25.08%26.33%-1,051 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps