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Norfolk VA Postal Credit Union Inc.

Norfolk, VA · Charter 66895

NCUA

Q1 2016

$3.9MAssets
$2.5MLoans
$3.6MShares
$295KNet 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 -1.27%, up 202 bps year over year; NIM at 5.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 7.57%, down 52 bps from a year ago.
  • Funding: loans stand at 69.14% of shares as of Q1 2016.

Financial Results

Return on Assets (quarter, annualized)

-1.27%+202 bps YoY

Net Interest Margin (quarter, annualized)

5.47%+19 bps YoY

Efficiency Ratio (quarter, annualized)

119.24%-841 bps YoY

Net Worth / Assets

7.57%-52 bps YoY

Discrete quarter, annualized.

MetricQ1 2015Q2 2015Q3 2015Q4 2015Q1 2016YoY ΔTrend
Earnings
Return on Assets-3.30%-2.02%-1.27%-1.59%-1.27%+202 bps
Return on Equity-40.71%-24.89%-15.34%-18.46%-16.78%+2,394 bps
Net Interest Margin5.28%5.33%5.47%5.95%5.47%+19 bps
Efficiency Ratio127.66%118.16%118.69%121.49%119.24%-841 bps
Growth
Asset Growth (YoY)-16.79%-10.12%-7.83%-13.02%-4.60%+1,219 bps
Loan Growth (YoY)-16.09%6.84%14.83%2.34%-4.02%+1,208 bps
Share Growth (YoY)-15.42%-8.21%-6.98%-12.78%-4.09%+1,133 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.21%1.19%0.65%0.78%0.82%-39 bps
Capital
Risk-Based Capital8.09%8.12%8.30%8.62%7.57%-52 bps
Net Worth / Assets8.09%8.12%8.30%8.62%7.57%-52 bps
Liquidity & Funding
Loans / Shares69.08%78.84%81.72%77.88%69.14%+6 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps