PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Wallingford Steel Employees

Wallingford, CT · Charter 2536

NCUA · 2 branches

Q3 2016

$7.3MAssets
$2.8MLoans
$6.3MShares
$1.0MNet 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 -0.81%, down 128 bps year over year; NIM at 3.32%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 14.00%, down 46 bps from a year ago.
  • Funding: loans stand at 44.23% of shares as of Q3 2016.

Financial Results

Return on Assets (YTD, annualized)

-0.81%-128 bps YoY

Net Interest Margin (YTD, annualized)

3.32%-23 bps YoY

Efficiency Ratio (YTD, annualized)

125.41%+2,494 bps YoY

Net Worth / Assets

14.00%-46 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016YoY ΔTrend
Earnings
Return on Assets0.47%0.44%0.42%0.07%-0.81%-128 bps
Return on Equity3.22%3.08%2.94%0.46%-5.82%-904 bps
Net Interest Margin3.54%3.44%3.26%3.25%3.32%-23 bps
Efficiency Ratio100.47%103.17%94.40%104.24%125.41%+2,494 bps
Growth
Asset Growth (YoY)0.58%-1.75%-1.95%0.44%-0.37%-95 bps
Loan Growth (YoY)-14.01%-15.67%-12.22%-7.37%-6.86%+715 bps
Share Growth (YoY)1.23%-2.57%-2.81%0.50%0.23%-100 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.54%2.16%2.00%2.00%2.02%-52 bps
Capital
Risk-Based Capital14.45%14.38%14.18%14.22%14.00%-46 bps
Net Worth / Assets14.45%14.38%14.18%14.22%14.00%-46 bps
Liquidity & Funding
Loans / Shares47.60%44.43%44.40%43.05%44.23%-337 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps