Providence, RI · Charter 24528
NCUA · 2 branches
Q3 2023
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.10% | 0.57% | 0.29% | 0.47% | 0.79% | 1.29% | 1.33% | -5.59% | -606 bps | |
| Return on Equity | 9.63% | 5.27% | 2.56% | 4.06% | 6.39% | 10.46% | 10.41% | -71.00% | -7,506 bps | |
| Net Interest Margin | 2.43% | 2.08% | 2.24% | 2.47% | 2.70% | 3.40% | 3.53% | 0.11% | -236 bps | |
| Efficiency Ratio | 73.18% | 79.64% | 87.95% | 84.54% | 80.54% | 70.75% | 70.34% | 648% | +56,337 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.62% | 7.65% | 1.78% | -0.81% | -1.31% | -5.03% | -1.34% | 0.29% | +111 bps | |
| Loan Growth (YoY) | -4.16% | -3.76% | -4.77% | -2.72% | -2.65% | -1.21% | -1.85% | -3.54% | -82 bps | |
| Share Growth (YoY) | 8.28% | 7.24% | 1.14% | -1.66% | -2.32% | -6.45% | -2.81% | 2.55% | +420 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.66% | 0.62% | 0.93% | 0.94% | 0.42% | 0.45% | 0.44% | 0.88% | -6 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.17% | 0.22% | 0.27% | 0.33% | 0.13% | 0.00% | 0.00% | 0.00% | -33 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.40% | 10.86% | 11.33% | 11.68% | 12.34% | 12.38% | 12.78% | 7.87% | -381 bps | |
| Net Worth / Assets | 11.40% | 10.86% | 11.33% | 11.68% | 12.34% | 12.38% | 12.78% | 7.87% | -381 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 64.00% | 58.31% | 61.88% | 63.47% | 63.78% | 61.58% | 62.49% | 59.70% | -377 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |