Norfolk, VA · Charter 60568
NCUA · 2 branches
Q3 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2018, the quarter ended September 30, 2018, 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.
Norfolk, VA · Charter 60568
NCUA · 2 branches
Q3 2018
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
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 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.01% | 0.02% | 0.03% | 0.03% | 0.03% | +5 bps | |
| Return on Equity | -0.15% | 0.24% | 0.27% | 0.27% | 0.35% | +50 bps | |
| Net Interest Margin | 2.25% | 2.24% | 2.23% | 2.33% | 2.38% | +14 bps | |
| Efficiency Ratio | 103.68% | 101.91% | 99.11% | 99.14% | 98.94% | -474 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1.91% | 1.05% | -0.68% | 2.13% | 0.50% | -140 bps | |
| Loan Growth (YoY) | -20.53% | -18.69% | -18.23% | -12.82% | -12.16% | +837 bps | |
| Share Growth (YoY) | 2.45% | 1.41% | -0.74% | 2.28% | 0.42% | -203 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 10.99% | 11.49% | 11.41% | 12.16% | 12.51% | +153 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.90% | 2.05% | 1.97% | 1.86% | 1.73% | -17 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.30% | 9.28% | 9.21% | 9.39% | 9.29% | -2 bps | |
| Net Worth / Assets | 9.30% | 9.28% | 9.21% | 9.39% | 9.29% | -2 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 28.57% | 27.37% | 25.68% | 26.13% | 24.99% | -358 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |