PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Vermont Development

Burlington, VT · Charter 67251

NCUA · 3 branches

Q2 2025

$60.5MAssets
$48.9MLoans
$47.5MShares
$6.4MNet 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 -1.65%, down 166 bps year over year; NIM at 2.94%.
  • Asset quality: problem loans at 2.87% of loans (+92 bps YoY).
  • Capital: net worth / assets of 10.52%, down 47 bps from a year ago.
  • Funding: loans stand at 102.87% of shares as of Q2 2025.

Financial Results

Return on Assets (YTD, annualized)

-1.65%-166 bps YoY

Net Interest Margin (YTD, annualized)

2.94%-28 bps YoY

Efficiency Ratio (YTD, annualized)

132.60%+3,635 bps YoY

Net Worth / Assets

10.52%-47 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2024Q3 2024Q4 2024Q1 2025Q2 2025YoY ΔTrend
Earnings
Return on Assets0.00%0.03%-0.48%-1.02%-1.65%-166 bps
Return on Equity0.04%0.23%-4.58%-9.52%-15.72%-1,576 bps
Net Interest Margin3.22%3.15%3.23%3.15%2.94%-28 bps
Efficiency Ratio96.25%93.54%98.74%126.82%132.60%+3,635 bps
Growth
Asset Growth (YoY)1.40%-1.01%-2.58%-4.49%-9.83%-1,123 bps
Loan Growth (YoY)-4.52%-3.68%-4.20%-4.52%-10.28%-576 bps
Share Growth (YoY)0.53%0.06%-3.82%-3.70%-10.44%-1,097 bps
Asset Quality
Delinquent Loans / Loans1.94%3.84%3.16%1.19%2.87%+92 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital11.00%11.38%10.58%10.74%10.52%-47 bps
Net Worth / Assets11.00%11.38%10.58%10.74%10.52%-47 bps
Liquidity & Funding
Loans / Shares102.69%106.73%107.21%108.92%102.87%+18 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps