New Bedford, MA · Charter 4847
NCUA · 1 branch
Q4 2022
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
New Bedford, MA · Charter 4847
NCUA · 1 branch
Q4 2022
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 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.86% | -0.93% | -1.06% | -1.02% | -1.54% | -1.61% | -0.44% | -0.48% | +54 bps | |
| Return on Equity | -11.25% | -13.07% | -14.59% | -14.56% | -23.37% | -26.84% | -6.90% | -7.76% | +680 bps | |
| Net Interest Margin | 1.85% | 1.68% | 1.72% | 1.72% | 1.34% | 1.45% | 1.63% | 1.70% | -1 bps | |
| Efficiency Ratio | 135.58% | 144.37% | 148.84% | 146.67% | 177.84% | 171.58% | 108.84% | 112.38% | -3,429 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.74% | 5.54% | 0.25% | 0.33% | 0.31% | -0.38% | 4.26% | 3.40% | +307 bps | |
| Loan Growth (YoY) | -24.61% | -31.14% | -25.66% | -21.28% | -15.64% | -1.89% | -9.07% | -7.26% | +1,402 bps | |
| Share Growth (YoY) | 15.08% | 6.92% | 1.10% | 1.29% | 1.46% | 0.72% | 5.08% | 4.11% | +282 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.78% | 1.86% | 1.15% | 0.28% | 0.24% | 0.67% | 1.07% | 1.70% | +142 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 | 0.97% | 1.03% | 0.99% | 1.02% | 0.94% | 1.03% | 0.94% | 0.97% | -5 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.66% | 7.15% | 7.29% | 6.99% | 6.57% | 6.01% | 6.44% | 6.21% | -78 bps | |
| Net Worth / Assets | 7.66% | 7.15% | 7.29% | 6.99% | 6.57% | 6.01% | 6.44% | 6.21% | -78 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 21.06% | 17.77% | 19.38% | 18.50% | 17.51% | 17.30% | 16.77% | 16.48% | -202 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |