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Commonwealth Utilities

Marion, MA · Charter 24926

NCUA · 3 branches

Q4 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: Q4 2022, the quarter ended December 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

Commonwealth Utilities

Marion, MA · Charter 24926

NCUA · 3 branches

Q4 2022

$50.9MAssets
$10.5MLoans
$43.1MShares
$7.6MNet 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 0.78%, up 42 bps year over year; NIM at 2.05%.
  • Asset quality: problem loans at 3.53% of loans (+100 bps YoY).
  • Capital: net worth / assets of 14.87%, up 28 bps from a year ago.
  • Funding: loans stand at 24.30% of shares as of Q4 2022.

Financial Results

Return on Assets (YTD, annualized)

0.78%+42 bps YoY

Net Interest Margin (YTD, annualized)

2.05%+46 bps YoY

Efficiency Ratio (YTD, annualized)

63.39%-1,643 bps YoY

Net Worth / Assets

14.87%+28 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2021Q1 2022Q2 2022Q3 2022Q4 2022YoY ΔTrend
Earnings
Return on Assets0.36%0.56%0.62%0.69%0.78%+42 bps
Return on Equity2.46%3.95%4.25%4.71%5.26%+281 bps
Net Interest Margin1.59%1.55%1.76%1.91%2.05%+46 bps
Efficiency Ratio79.81%70.45%70.25%65.36%63.39%-1,643 bps
Growth
Asset Growth (YoY)n/an/a2.89%2.70%3.07%n/a
Loan Growth (YoY)n/an/a-3.29%-2.78%4.49%n/a
Share Growth (YoY)n/an/a2.98%2.39%2.62%n/a
Asset Quality
Delinquent Loans / Loans2.52%0.40%2.52%2.13%3.53%+100 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.80%0.66%0.64%0.84%0.91%+11 bps
Capital
Risk-Based Capital14.60%14.23%14.58%14.64%14.87%+28 bps
Net Worth / Assets14.60%14.23%14.58%14.64%14.87%+28 bps
Liquidity & Funding
Loans / Shares23.87%23.17%23.34%23.44%24.30%+43 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps