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Kelko

Springfield, MA · Charter 67746

NCUA · 2 branches

Q1 2019

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 2019, the quarter ended March 31, 2019, 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

Kelko

Springfield, MA · Charter 67746

NCUA · 2 branches

Q1 2019

$63.3MAssets
$37.5MLoans
$54.1MShares
$8.6MNet 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 0.27%, up 41 bps year over year; NIM at 3.53%.
  • Asset quality: problem loans at 1.18% of loans (-107 bps YoY).
  • Capital: net worth / assets of 13.63%, up 55 bps from a year ago.
  • Funding: loans stand at 69.29% of shares as of Q1 2019.

Financial Results

Return on Assets (YTD, annualized)

0.27%+41 bps YoY

Net Interest Margin (YTD, annualized)

3.53%+14 bps YoY

Efficiency Ratio (YTD, annualized)

94.24%-547 bps YoY

Net Worth / Assets

13.63%+55 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2018Q2 2018Q3 2018Q4 2018Q1 2019YoY ΔTrend
Earnings
Return on Assets-0.14%-0.08%0.18%0.17%0.27%+41 bps
Return on Equity-1.09%-0.61%1.29%1.20%1.98%+307 bps
Net Interest Margin3.39%3.41%3.52%3.58%3.53%+14 bps
Efficiency Ratio99.71%100.57%95.83%95.72%94.24%-547 bps
Growth
Asset Growth (YoY)-6.47%-5.67%-5.67%-3.20%-2.15%+431 bps
Loan Growth (YoY)3.26%3.45%2.76%4.16%4.32%+106 bps
Share Growth (YoY)-6.89%-6.26%-6.42%-4.57%-4.05%+283 bps
Asset Quality
Delinquent Loans / Loans2.25%1.64%1.62%1.30%1.18%-107 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.74%2.57%2.41%2.18%2.10%-63 bps
Capital
Risk-Based Capital13.07%13.12%13.64%13.80%13.63%+55 bps
Net Worth / Assets13.07%13.12%13.64%13.80%13.63%+55 bps
Liquidity & Funding
Loans / Shares63.73%64.53%67.50%70.06%69.29%+556 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps