PackageTrendsPeer
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WRG

Danville, NH · Charter 97090

Q1 2011

$34KAssets
$9KLoans
$36KShares
$-2KNet 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 1.26%, up 171 bps year over year; NIM at 9.06%.
  • Asset quality: problem loans at 21.91% of loans (-7,809 bps YoY).
  • Capital: net worth / assets of -4.54%, down 1,940 bps from a year ago.
  • Funding: loans stand at 25.03% of shares as of Q1 2011.

Financial Results

Return on Assets (YTD, annualized)

1.26%+171 bps YoY

Net Interest Margin (YTD, annualized)

9.06%+811 bps YoY

Efficiency Ratio (YTD, annualized)

86.10%-6,117 bps YoY

Net Worth / Assets

-4.54%-1,940 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2009Q4 2009Q1 2010Q3 2010Q1 2011YoY ΔTrend
Earnings
Return on Assets-0.45%-0.37%-2.07%-0.57%1.26%+171 bps
Return on Equity-3.03%-2.45%-14.10%-4.27%n/an/a
Net Interest Margin0.95%0.83%5.34%0.87%9.06%+811 bps
Efficiency Ratio147.27%145.13%138.79%165.11%86.10%-6,117 bps
Growth
Asset Growth (YoY)n/an/an/an/a-21.05%n/an/a
Loan Growth (YoY)n/an/an/an/a-21.19%n/an/a
Share Growth (YoY)n/an/an/an/a-3.06%n/an/a
Asset Quality
Delinquent Loans / Loans100.00%52.92%49.14%54.49%21.91%-7,809 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital14.87%15.19%14.69%13.24%-4.54%-1,940 bps
Net Worth / Assets14.87%15.19%14.69%13.24%-4.54%-1,940 bps
Liquidity & Funding
Loans / Shares30.79%57.33%56.23%49.48%25.03%-576 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps