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Credit Union of Providence Systems

Springfield, MA · Charter 24425

Q4 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: Q4 2014, the quarter ended December 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

Credit Union of Providence Systems

Springfield, MA · Charter 24425

Q4 2014

$5.8MAssets
$1.1MLoans
$5.0MShares
$842KNet Worth

Executive Summary

  • Earnings: ROA of -2.44%, down 84 bps year over year; NIM at 1.53%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 14.43%, down 160 bps from a year ago.
  • Funding: loans stand at 22.84% of shares as of Q4 2014.

Return on Assets (YTD, annualized)

-2.44%-84 bps YoY

Net Interest Margin (YTD, annualized)

1.53%-13 bps YoY

Efficiency Ratio (YTD, annualized)

240%+5,937 bps YoY

Net Worth / Assets

14.43%-160 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014Q4 2014YoY ΔTrend
Earnings
Return on Assets-1.14%-1.37%-1.49%-1.60%-1.69%-1.77%-1.91%-2.44%-84 bps
Return on Equity-7.27%-9.04%-9.73%-9.96%-11.20%-12.66%-13.74%-16.90%-694 bps
Net Interest Margin1.65%1.58%1.61%1.66%1.39%1.35%1.40%1.53%-13 bps
Efficiency Ratio158.87%172.33%177.19%180.29%201%207%211%240%+5,937 bps
Growth
Asset Growth (YoY)3.99%1.51%-1.53%-2.84%-6.15%-3.14%-2.16%-4.98%-214 bps
Loan Growth (YoY)-10.87%-13.10%-14.82%-17.77%-13.97%-14.58%-10.76%-5.73%+1,204 bps
Share Growth (YoY)6.27%3.31%-0.07%-1.56%-5.47%-1.78%-0.48%-2.93%-137 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.49%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.69%0.70%0.75%0.68%0.67%0.69%0.70%0.00%-68 bps
Capital
Risk-Based Capital15.75%15.17%15.35%16.03%15.11%14.00%13.87%14.43%-160 bps
Net Worth / Assets15.75%15.17%15.35%16.03%15.11%14.00%13.87%14.43%-160 bps
Liquidity & Funding
Loans / Shares25.24%24.15%23.67%23.52%22.97%21.00%21.23%22.84%-68 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps