Gloucester, MA · Charter 66371
NCUA · 1 branch
Q4 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2020, the quarter ended December 31, 2020, 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.
Gloucester, MA · Charter 66371
NCUA · 1 branch
Q4 2020
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 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.20% | -0.29% | -0.29% | -0.93% | -1.70% | -0.87% | -0.90% | -1.27% | -34 bps | |
| Return on Equity | -1.06% | -1.50% | -1.54% | -5.00% | -9.65% | -5.48% | -5.75% | -7.94% | -294 bps | |
| Net Interest Margin | 3.43% | 3.48% | 3.47% | 3.49% | 3.19% | 2.76% | 2.67% | 2.67% | -81 bps | |
| Efficiency Ratio | 105.91% | 108.22% | 108.43% | 113.16% | 153.12% | 131.60% | 133.57% | 147.53% | +3,438 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.61% | -0.64% | 0.32% | 1.77% | 1.08% | 12.49% | 13.10% | 7.24% | +547 bps | |
| Loan Growth (YoY) | -5.90% | -10.22% | -7.76% | -10.94% | -13.58% | -22.83% | -27.58% | -27.34% | -1,640 bps | |
| Share Growth (YoY) | -1.47% | -0.28% | 0.85% | 3.24% | 2.71% | 16.75% | 17.59% | 10.56% | +732 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 3.49% | 3.23% | 2.44% | 1.20% | 2.51% | 2.34% | 4.31% | 8.53% | +733 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 | 0.72% | 0.74% | 0.74% | 1.34% | 1.48% | 1.70% | 1.80% | 1.84% | +50 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 19.06% | 19.21% | 19.09% | 18.51% | 17.58% | 15.95% | 15.58% | 15.99% | -252 bps | |
| Net Worth / Assets | 19.06% | 19.21% | 19.09% | 18.51% | 17.58% | 15.95% | 15.58% | 15.99% | -252 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 28.19% | 27.89% | 27.95% | 27.27% | 23.72% | 18.43% | 17.21% | 17.92% | -935 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |