Cambridge, MA · Charter 67696
NCUA · 6 branches
Q1 2024
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 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.71% | 0.76% | 0.76% | 0.57% | 0.43% | 0.34% | 0.28% | 0.01% | -56 bps | |
| Return on Equity | 8.34% | 8.99% | 9.01% | 6.66% | 4.93% | 3.99% | 3.23% | 0.09% | -656 bps | |
| Net Interest Margin | 2.79% | 2.76% | 2.76% | 2.68% | 2.70% | 2.58% | 2.53% | 2.36% | -33 bps | |
| Efficiency Ratio | 77.63% | 76.01% | 75.64% | 77.04% | 81.26% | 83.30% | 85.23% | 94.34% | +1,729 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.09% | 11.32% | 10.36% | 13.18% | 8.76% | 7.45% | 5.87% | 2.90% | -1,029 bps | |
| Loan Growth (YoY) | 15.49% | 17.75% | 18.64% | 17.06% | 10.68% | 9.14% | 7.59% | 6.18% | -1,087 bps | |
| Share Growth (YoY) | 7.63% | 3.70% | 1.05% | -0.28% | -0.05% | -0.82% | -0.90% | -1.76% | -148 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.42% | 0.47% | 0.51% | 0.58% | 0.58% | 0.55% | 0.65% | 0.72% | +14 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.81% | 0.75% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 8.52% | 8.40% | 8.48% | 8.60% | 8.77% | 8.56% | 8.54% | 8.46% | -14 bps | |
| Net Worth / Assets | 8.52% | 8.40% | 8.48% | 8.60% | 8.77% | 8.56% | 8.54% | 8.46% | -14 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 108.71% | 114.45% | 115.87% | 119.03% | 120.37% | 125.94% | 125.80% | 128.65% | +962 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |