Gloucester, MA · Charter 843
NCUA · 1 branch
Q1 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2018, the quarter ended March 31, 2018, 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.
Gloucester, MA · Charter 843
NCUA · 1 branch
Q1 2018
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 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.39% | 0.28% | 0.19% | -0.62% | -0.53% | -0.26% | -0.47% | -1.13% | -51 bps | |
| Return on Equity | 2.23% | 1.53% | 0.93% | -3.13% | -2.70% | -1.33% | -2.13% | -5.04% | -191 bps | |
| Net Interest Margin | 4.85% | 4.79% | 5.16% | 4.51% | 4.44% | 4.24% | 4.68% | 4.15% | -36 bps | |
| Efficiency Ratio | 89.55% | 91.00% | 92.70% | 108.03% | 106.20% | 100.15% | 103.84% | 127.10% | +1,907 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.08% | 0.61% | -11.21% | -11.19% | -11.44% | -8.66% | -11.44% | -13.93% | -275 bps | |
| Loan Growth (YoY) | -8.79% | -16.13% | -22.90% | -23.92% | -26.14% | -27.85% | -28.72% | -29.72% | -580 bps | |
| Share Growth (YoY) | -4.13% | 0.44% | -13.82% | -13.41% | -13.52% | -10.11% | -13.64% | -16.67% | -326 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.28% | 0.31% | 0.35% | 0.56% | 0.63% | 1.63% | 1.64% | 1.91% | +135 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 | 0.71% | 0.91% | 0.72% | 0.90% | 1.15% | 1.48% | 0.93% | 1.01% | +11 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 17.67% | 18.22% | 20.05% | 19.79% | 19.65% | 19.71% | 22.16% | 22.41% | +262 bps | |
| Net Worth / Assets | 17.67% | 18.22% | 20.05% | 19.79% | 19.65% | 19.71% | 22.16% | 22.41% | +262 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 65.49% | 60.92% | 68.13% | 62.87% | 55.94% | 48.89% | 56.23% | 53.03% | -984 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |