Martinsville, VA · Charter 66925
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Martinsville, VA · Charter 66925
Q1 2014
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 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.56% | 0.37% | -0.90% | -0.64% | -3.30% | -387 bps | |
| Return on Equity | 6.67% | 4.69% | -12.50% | -7.81% | -32.66% | -3,933 bps | |
| Net Interest Margin | 4.31% | 4.37% | 4.35% | 4.79% | 5.60% | +129 bps | |
| Efficiency Ratio | 87.03% | 91.47% | 90.58% | 90.35% | 159.04% | +7,201 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 10.89% | 17.02% | 20.93% | 7.46% | -29.89% | -4,078 bps | |
| Loan Growth (YoY) | 26.73% | 37.24% | 23.46% | -7.97% | -29.24% | -5,597 bps | |
| Share Growth (YoY) | 12.53% | 18.86% | 24.37% | 9.01% | -31.20% | -4,372 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 10.29% | 9.98% | 25.32% | 13.76% | 3.87% | -642 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.81% | 0.73% | 0.72% | 0.86% | 1.08% | +27 bps | |
| Capital | |||||||
| Risk-Based Capital | 8.41% | 7.97% | 7.23% | 8.24% | 10.12% | +171 bps | |
| Net Worth / Assets | 8.41% | 7.97% | 7.23% | 8.24% | 10.12% | +171 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 59.17% | 60.77% | 59.22% | 56.11% | 60.86% | +168 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |