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Northern Lights

Saint Johnsbury, VT · Charter 68614

NCUA · 2 branches

Q1 2017

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 2017, the quarter ended March 31, 2017, 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

Northern Lights

Saint Johnsbury, VT · Charter 68614

NCUA · 2 branches

Q1 2017

$21.5MAssets
$17.0MLoans
$19.5MShares
$2.0MNet Worth

Executive Summary

  • Earnings: ROA of 0.23%, down 38 bps year over year; NIM at 3.87%.
  • Asset quality: problem loans at 0.08% of loans (-53 bps YoY).
  • Capital: net worth / assets of 9.25%, down 38 bps from a year ago.
  • Funding: loans stand at 87.57% of shares as of Q1 2017.

Return on Assets (YTD, annualized)

0.23%-38 bps YoY

Net Interest Margin (YTD, annualized)

3.87%-21 bps YoY

Efficiency Ratio (YTD, annualized)

95.49%+623 bps YoY

Net Worth / Assets

9.25%-38 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets0.16%0.46%0.57%0.61%0.32%0.45%0.40%0.23%-38 bps
Return on Equity1.77%5.06%5.87%6.30%3.33%4.54%4.16%2.47%-384 bps
Net Interest Margin4.04%3.95%4.12%4.08%4.02%4.09%4.07%3.87%-21 bps
Efficiency Ratio92.77%88.82%88.12%89.26%92.31%90.87%90.15%95.49%+623 bps
Growth
Asset Growth (YoY)5.09%8.49%7.15%1.27%0.36%-1.59%3.59%7.57%+629 bps
Loan Growth (YoY)1.49%-0.25%1.97%4.11%0.63%5.16%4.44%1.60%-251 bps
Share Growth (YoY)7.93%9.18%7.14%0.48%-0.54%-3.59%3.45%7.99%+751 bps
Asset Quality
Delinquent Loans / Loans0.60%0.60%0.65%0.61%0.36%0.35%0.50%0.08%-53 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.58%0.48%0.48%0.46%0.34%0.32%0.37%0.37%-9 bps
Capital
Risk-Based Capital9.08%9.12%9.65%9.63%9.69%9.80%9.72%9.25%-38 bps
Net Worth / Assets9.08%9.12%9.65%9.63%9.69%9.80%9.72%9.25%-38 bps
Liquidity & Funding
Loans / Shares93.69%90.43%93.85%93.08%94.79%98.64%94.75%87.57%-551 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps