ALEXANDRIA, Va.-NCUA last week released its first-ever quarterly U.S. Map Review, showing CUs in the Midwest and the Prairies are experiencing the strongest recovery, while states in the West and Mid-Atlantic are lagging.

Among the Q1 findings:

Return on Average Assets (ROAA)

Nationally, CUs' ROAA stood at 84 BPs, up 17 BPs from Q4 2011.

On the state level, Arizona (123 BPs) had the highest ROAA of any state in Q1, followed by Virginia (121), Iowa (112), North Dakota (109), and Alaska (106).

New Jersey (34 BPs) had the lowest ROAA of any state in the quarter, followed by North Carolina (37), Nevada (40), West Virginia (43), and Rhode Island (43).

Share of CUs with Positive ROAA

Nationally, 74% of CUs had positive ROAA in Q1, compared with 71% in Q1 2011 and 68% in Q4 2011. Fifteen states and territories had more than 80% of CUs report positive ROAA for Q1 2012.

On the state level, New Mexico (92.0%) had the highest share of any state in Q1, followed by Alaska (91.7%), Montana (91.2%), Iowa and N. Dakota (88.1%).

New Jersey (59.9%) had the lowest share of CUs with positive ROAA of any state in the quarter, followed by Connecticut (60.9%), Rhode Island (65.2%), Missouri (66.2%), and Hawaii and D.C. (66.7%).

Total Delinquency Rate

In the first quarter of 2012, the national delinquency rate fell to 1.44% from 1.60% in the Q4 2011. On the state level, New Hampshire (0.49%) had the lowest delinquency rate, followed by North Dakota (0.50%), Wyoming (0.64%), Tennessee (0.65%), and Nebraska (0.79%).

Montana (3.23%) had the highest delinquency rate, followed by North Carolina (3.13%), Arizona (2.75%), Florida (2.65%), and Nevada (2.54%).

Loan Growth

At March 31, 2012, loans outstanding at federally insured CUs grew by 2.17%.

Loan growth was strongest in Oklahoma (1.98%) New Mexico (1.78%), Tennessee (1.58%), and Alaska (1.45%). Loan growth was weakest in the states of Nevada (-5.24%), Montana (-1.50%), Hawaii (-1.47%), Utah (-1.14%), and Delaware (-1.11%).

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