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Wheeling Pittsburgh Steel Office

Wheeling, WV · Charter 387

Q2 2014

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: Q2 2014, the quarter ended June 30, 2014, 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

Wheeling Pittsburgh Steel Office

Wheeling, WV · Charter 387

Q2 2014

$1.0MAssets
$27KLoans
$862KShares
$151KNet 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 -33.42%, down 3,234 bps year over year; NIM at -29.38%.
  • Asset quality: problem loans at 0.00% of loans (-2,984 bps YoY).
  • Capital: net worth / assets of 14.91%, down 1,106 bps from a year ago.
  • Funding: loans stand at 3.10% of shares as of Q2 2014.

Financial Results

Return on Assets (YTD, annualized)

-33.42%-3,234 bps YoY

Net Interest Margin (YTD, annualized)

-29.38%-3,038 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

14.91%-1,106 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets-1.08%-3.94%-3.50%-3.05%-33.42%-3,234 bps
Return on Equity-4.17%-16.26%-14.64%-13.07%-224%-21,998 bps
Net Interest Margin1.00%0.89%0.66%-0.26%-29.38%-3,038 bps
Efficiency Ratio208%242%324%n/an/an/a
Growth
Asset Growth (YoY)-12.18%-7.55%-5.97%-5.71%-26.86%-1,469 bps
Loan Growth (YoY)-44.94%-44.82%-57.83%-72.23%-81.74%-3,680 bps
Share Growth (YoY)-15.13%-6.51%-3.75%-2.68%-15.83%-70 bps
Asset Quality
Delinquent Loans / Loans29.84%30.89%20.49%32.23%0.00%-2,984 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans11.45%32.31%52.16%86.40%99.26%+8,781 bps
Capital
Risk-Based Capital25.97%24.25%23.93%23.37%14.91%-1,106 bps
Net Worth / Assets25.97%24.25%23.93%23.37%14.91%-1,106 bps
Liquidity & Funding
Loans / Shares14.30%12.55%7.80%4.71%3.10%-1,120 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps