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Wemelco

W. Springfield, MA · Charter 67735

Q1 2013

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: Q1 2013, the quarter ended March 31, 2013, 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

Wemelco

W. Springfield, MA · Charter 67735

Q1 2013

$29.5MAssets
$12.2MLoans
$23.6MShares
$4.9MNet 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 -8.25%, down 855 bps year over year; NIM at 2.51%.
  • Asset quality: problem loans at 0.04% of loans (-10 bps YoY).
  • Capital: net worth / assets of 16.73%, down 113 bps from a year ago.
  • Funding: loans stand at 51.61% of shares as of Q1 2013.

Financial Results

Return on Assets (YTD, annualized)

-8.25%-855 bps YoY

Net Interest Margin (YTD, annualized)

2.51%-12 bps YoY

Efficiency Ratio (YTD, annualized)

395%+30,528 bps YoY

Net Worth / Assets

16.73%-113 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets0.30%0.27%0.39%0.19%-8.25%-855 bps
Return on Equity1.67%1.49%2.10%1.06%-49.31%-5,098 bps
Net Interest Margin2.63%2.59%2.67%2.64%2.51%-12 bps
Efficiency Ratio89.89%89.39%85.59%91.45%395%+30,528 bps
Growth
Asset Growth (YoY)-1.99%-0.81%-1.99%-1.39%-4.32%-233 bps
Loan Growth (YoY)6.34%26.14%33.50%32.23%22.70%+1,636 bps
Share Growth (YoY)-3.20%-1.64%-3.17%-2.16%-4.99%-179 bps
Asset Quality
Delinquent Loans / Loans0.15%0.17%0.07%0.04%0.04%-10 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.53%0.51%0.48%0.50%0.47%-5 bps
Capital
Risk-Based Capital17.87%17.84%18.54%18.42%16.73%-113 bps
Net Worth / Assets17.87%17.84%18.54%18.42%16.73%-113 bps
Liquidity & Funding
Loans / Shares39.96%46.73%50.49%51.15%51.61%+1,165 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps