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Valley Industrial Credit Union

Waynesboro, VA · Charter 66893

NCUA · 1 branch

Q4 2016

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: Q4 2016, the quarter ended December 31, 2016, 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

Valley Industrial Credit Union

Waynesboro, VA · Charter 66893

NCUA · 1 branch

Q4 2016

$8.0MAssets
$4.5MLoans
$7.6MShares
$276KNet 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 -4.84%, down 439 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 4.33% of loans (+116 bps YoY).
  • Capital: net worth / assets of 3.45%, down 466 bps from a year ago.
  • Funding: loans stand at 58.95% of shares as of Q4 2016.

Financial Results

Return on Assets (YTD, annualized)

-4.84%-439 bps YoY

Net Interest Margin (YTD, annualized)

4.24%-81 bps YoY

Efficiency Ratio (YTD, annualized)

148.72%+6,239 bps YoY

Net Worth / Assets

3.45%-466 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets-0.45%-0.75%-0.45%-0.44%-4.84%-439 bps
Return on Equity-5.60%-9.42%-5.79%-5.61%-140.56%-13,496 bps
Net Interest Margin5.05%4.54%4.25%4.31%4.24%-81 bps
Efficiency Ratio86.33%90.28%96.61%100.27%148.72%+6,239 bps
Growth
Asset Growth (YoY)-18.28%-9.36%-0.17%-1.92%-2.20%+1,609 bps
Loan Growth (YoY)-15.91%-13.20%-12.22%-15.29%-18.46%-255 bps
Share Growth (YoY)-19.29%-9.54%0.19%-1.47%1.21%+2,051 bps
Asset Quality
Delinquent Loans / Loans3.17%3.35%4.42%2.40%4.33%+116 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.46%2.83%2.60%1.84%3.62%+116 bps
Capital
Risk-Based Capital8.11%7.97%7.70%7.86%3.45%-466 bps
Net Worth / Assets8.11%7.97%7.70%7.86%3.45%-466 bps
Liquidity & Funding
Loans / Shares73.17%71.81%67.64%65.23%58.95%-1,422 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps