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Premier Source

East Longmeadow, MA · Charter 24912

NCUA · 1 branch

Q1 2022

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: Q1 2022, the quarter ended March 31, 2022, 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

Premier Source

East Longmeadow, MA · Charter 24912

NCUA · 1 branch

Q1 2022

$70.3MAssets
$29.2MLoans
$62.4MShares
$9.4MNet Worth

Executive Summary

  • Earnings: ROA of 0.61%, up 6 bps year over year; NIM at 3.04%.
  • Asset quality: problem loans at 1.34% of loans (+4 bps YoY).
  • Capital: net worth / assets of 13.42%, up 19 bps from a year ago.
  • Funding: loans stand at 46.87% of shares as of Q1 2022.

Return on Assets (YTD, annualized)

0.61%+6 bps YoY

Net Interest Margin (YTD, annualized)

3.04%-5 bps YoY

Efficiency Ratio (YTD, annualized)

91.72%+533 bps YoY

Net Worth / Assets

13.42%+19 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets0.61%0.59%0.52%0.54%0.58%0.60%0.33%0.61%+6 bps
Return on Equity4.53%4.49%3.98%4.11%4.40%4.55%2.57%4.52%+42 bps
Net Interest Margin3.34%3.24%3.16%3.09%3.04%3.03%3.00%3.04%-5 bps
Efficiency Ratio85.17%82.53%83.92%86.38%85.54%85.40%91.74%91.72%+533 bps
Growth
Asset Growth (YoY)6.30%9.97%13.36%10.28%5.61%4.22%3.88%1.26%-902 bps
Loan Growth (YoY)-3.55%-6.48%-10.73%-12.25%-13.04%-11.40%-13.90%-13.55%-130 bps
Share Growth (YoY)6.80%10.61%14.39%11.93%6.20%4.98%5.16%4.09%-784 bps
Asset Quality
Delinquent Loans / Loans1.34%1.00%1.70%1.30%1.84%0.64%0.64%1.34%+4 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.81%1.92%2.04%2.06%2.16%2.00%2.12%1.88%-18 bps
Capital
Risk-Based Capital13.38%13.24%13.13%13.22%13.18%13.24%12.97%13.42%+19 bps
Net Worth / Assets13.38%13.24%13.13%13.22%13.18%13.24%12.97%13.42%+19 bps
Liquidity & Funding
Loans / Shares65.15%61.31%58.46%56.43%53.34%51.75%47.86%46.87%-956 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps