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Everett

Everett, MA · Charter 67559

NCUA · 1 branch

Q3 2018

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: Q3 2018, the quarter ended September 30, 2018, 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

Everett

Everett, MA · Charter 67559

NCUA · 1 branch

Q3 2018

$48.1MAssets
$28.5MLoans
$41.2MShares
$6.7MNet Worth

Executive Summary

  • Earnings: ROA of 0.30%, down 12 bps year over year; NIM at 2.86%.
  • Asset quality: problem loans at 3.08% of loans (+201 bps YoY).
  • Capital: net worth / assets of 13.91%, up 34 bps from a year ago.
  • Funding: loans stand at 69.20% of shares as of Q3 2018.

Return on Assets (YTD, annualized)

0.30%-12 bps YoY

Net Interest Margin (YTD, annualized)

2.86%+2 bps YoY

Efficiency Ratio (YTD, annualized)

91.22%+386 bps YoY

Net Worth / Assets

13.91%+34 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2016Q1 2017Q2 2017Q3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets0.27%0.20%0.34%0.42%0.51%0.77%0.04%0.30%-12 bps
Return on Equity1.95%1.45%2.54%3.08%3.71%5.67%0.33%2.13%-94 bps
Net Interest Margin2.94%2.86%2.84%2.84%2.84%2.84%2.83%2.86%+2 bps
Efficiency Ratio90.42%94.04%88.82%87.36%85.09%76.51%97.63%91.22%+386 bps
Growth
Asset Growth (YoY)0.75%1.33%2.55%2.48%5.21%6.71%3.44%0.59%-189 bps
Loan Growth (YoY)5.36%7.15%7.17%1.11%0.90%-0.56%-5.77%-6.61%-771 bps
Share Growth (YoY)0.39%0.00%1.99%3.01%4.37%8.75%4.87%1.60%-141 bps
Asset Quality
Delinquent Loans / Loans2.59%0.64%1.60%1.08%0.84%1.11%2.76%3.08%+201 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.25%0.25%0.28%0.38%0.18%0.21%0.22%0.23%-15 bps
Capital
Risk-Based Capital13.89%13.75%13.56%13.57%13.71%13.53%13.46%13.91%+34 bps
Net Worth / Assets13.89%13.75%13.56%13.57%13.71%13.53%13.46%13.91%+34 bps
Liquidity & Funding
Loans / Shares78.52%78.91%77.87%75.28%75.91%72.15%69.97%69.20%-608 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps