Salem, MA · Charter 67893
Q4 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2014, the quarter ended December 31, 2014, 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.
Salem, MA · Charter 67893
Q4 2014
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
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 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.04% | 0.14% | 0.42% | 0.46% | -0.01% | -4 bps | |
| Return on Equity | 0.19% | 0.72% | 2.07% | 2.24% | -0.04% | -23 bps | |
| Net Interest Margin | 4.69% | 4.80% | 4.71% | 4.72% | 4.63% | -6 bps | |
| Efficiency Ratio | 99.26% | 97.21% | 91.42% | 90.49% | 100.17% | +91 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 2.04% | -4.72% | -3.67% | -7.39% | -10.63% | -1,266 bps | |
| Loan Growth (YoY) | -3.14% | -8.40% | -10.22% | -16.70% | -22.54% | -1,940 bps | |
| Share Growth (YoY) | 2.62% | -5.86% | -4.73% | -9.50% | -13.10% | -1,573 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.85% | 3.40% | 1.03% | 1.71% | 3.43% | +158 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.74% | 0.81% | 0.48% | 0.51% | 0.56% | -18 bps | |
| Capital | |||||||
| Risk-Based Capital | 18.39% | 19.74% | 20.30% | 20.69% | 20.55% | +216 bps | |
| Net Worth / Assets | 18.39% | 19.74% | 20.30% | 20.69% | 20.55% | +216 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 81.99% | 81.47% | 79.34% | 76.19% | 73.09% | -891 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |