Revere, MA · Charter 67851
NCUA · 1 branch
Q3 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2023, the quarter ended September 30, 2023, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Revere, MA · Charter 67851
NCUA · 1 branch
Q3 2023
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 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.05% | 0.20% | -0.39% | -0.45% | -0.75% | -0.28% | -1.11% | -1.93% | -148 bps | |
| Return on Equity | 0.36% | 1.61% | -3.30% | -3.80% | -5.91% | -2.05% | -8.15% | -13.82% | -1,001 bps | |
| Net Interest Margin | 1.18% | 1.75% | 1.17% | 1.22% | 1.40% | 1.49% | 1.55% | 1.72% | +50 bps | |
| Efficiency Ratio | 100.60% | 89.06% | 137.61% | 135.79% | 174.16% | 120.01% | 241% | 792% | +65,630 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.76% | 4.59% | 3.56% | 5.13% | -7.66% | -16.15% | -20.05% | -25.32% | -3,045 bps | |
| Loan Growth (YoY) | 1.53% | -4.92% | -17.36% | -10.51% | -4.70% | 5.92% | 9.14% | 11.68% | +2,219 bps | |
| Share Growth (YoY) | 4.36% | 5.76% | 5.25% | 7.49% | -6.52% | -16.53% | -21.22% | -26.29% | -3,379 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.77% | 1.40% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 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 | 0.68% | 0.90% | 0.57% | 0.82% | 0.79% | 0.83% | 0.83% | 0.81% | -1 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 12.44% | 12.32% | 11.88% | 11.83% | 12.72% | 13.73% | 13.67% | 13.94% | +211 bps | |
| Net Worth / Assets | 12.44% | 12.32% | 11.88% | 11.83% | 12.72% | 13.73% | 13.67% | 13.94% | +211 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 23.20% | 21.12% | 19.82% | 20.46% | 23.65% | 26.80% | 27.45% | 31.00% | +1,054 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |