PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Kent County Memorial Hospital Emp.

Warwick, RI · Charter 24474

NCUA · 1 branch

Q1 2020

$13.6MAssets
$7.2MLoans
$12.2MShares
$343KNet 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 -35.14%, down 3,584 bps year over year; NIM at 4.37%.
  • Asset quality: problem loans at 0.39% of loans (-71 bps YoY).
  • Capital: net worth / assets of 2.53%, down 815 bps from a year ago.
  • Funding: loans stand at 58.77% of shares as of Q1 2020.

Financial Results

Return on Assets (YTD, annualized)

-35.14%-3,584 bps YoY

Net Interest Margin (YTD, annualized)

4.37%-5 bps YoY

Efficiency Ratio (YTD, annualized)

690%+60,396 bps YoY

Net Worth / Assets

2.53%-815 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets0.71%0.73%0.67%0.64%-35.14%-3,584 bps
Return on Equity6.61%6.42%5.80%5.30%-1390%-139,621 bps
Net Interest Margin4.42%4.56%4.60%4.85%4.37%-5 bps
Efficiency Ratio86.17%85.03%83.79%83.74%690%+60,396 bps
Growth
Asset Growth (YoY)-4.80%-5.60%-4.80%-1.10%-1.98%+282 bps
Loan Growth (YoY)-2.06%-1.11%0.53%-0.19%-5.16%-310 bps
Share Growth (YoY)-4.93%-6.22%-5.56%-1.76%-0.75%+417 bps
Asset Quality
Delinquent Loans / Loans1.10%1.40%0.82%0.69%0.39%-71 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.04%1.16%0.20%0.37%0.00%-104 bps
Capital
Risk-Based Capital10.68%11.29%11.48%12.03%2.53%-815 bps
Net Worth / Assets10.68%11.29%11.48%12.03%2.53%-815 bps
Liquidity & Funding
Loans / Shares61.50%66.27%65.40%68.87%58.77%-273 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps