PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Medical Area

Boston, MA · Charter 24251

Q2 2012

$73.2MAssets
$58.1MLoans
$69.3MShares
$3.0MNet 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 0.25%, down 179 bps year over year; NIM at 4.56%.
  • Asset quality: problem loans at 0.44% of loans (-11 bps YoY).
  • Capital: net worth / assets of 4.15%, down 259 bps from a year ago.
  • Funding: loans stand at 83.78% of shares as of Q2 2012.

Financial Results

Return on Assets (quarter, annualized)

0.25%-179 bps YoY

Net Interest Margin (quarter, annualized)

4.56%-36 bps YoY

Efficiency Ratio (quarter, annualized)

91.38%+1,937 bps YoY

Net Worth / Assets

4.15%-259 bps YoY

Discrete quarter, annualized.

MetricQ2 2011Q3 2011Q4 2011Q1 2012Q2 2012YoY ΔTrend
Earnings
Return on Assets2.04%-1.74%-1.73%0.33%0.25%-179 bps
Return on Equity30.33%-38.79%-41.33%8.15%6.02%-2,431 bps
Net Interest Margin4.92%4.70%4.23%4.55%4.56%-36 bps
Efficiency Ratio72.01%121.10%120.00%89.91%91.38%+1,937 bps
Growth
Asset Growth (YoY)12.46%8.61%4.66%3.31%0.59%-1,187 bps
Loan Growth (YoY)11.55%16.86%12.55%7.65%10.17%-137 bps
Share Growth (YoY)12.38%9.84%6.33%6.34%3.53%-884 bps
Asset Quality
Delinquent Loans / Loans0.55%0.51%0.50%0.31%0.44%-11 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.72%0.64%0.68%0.73%0.64%-7 bps
Capital
Risk-Based Capital6.74%4.48%4.18%4.04%4.15%-259 bps
Net Worth / Assets6.74%4.48%4.18%4.04%4.15%-259 bps
Liquidity & Funding
Loans / Shares78.73%82.26%83.59%76.99%83.78%+505 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps