PackageTrendsPeer
Letter portraitLegal landscape

S I Employees

Ballston Spa, NY · Charter 10022

NCUA · 3 branches

Q3 2020

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: Q3 2020, the quarter ended September 30, 2020, 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

S I Employees

Ballston Spa, NY · Charter 10022

NCUA · 3 branches

Q3 2020

$406KAssets
$49KLoans
$338KShares
$68KNet 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 -17.47%, down 1,181 bps year over year; NIM at -14.26%.
  • Asset quality: problem loans at 0.00% of loans (-1,083 bps YoY).
  • Capital: net worth / assets of 16.72%, down 1,293 bps from a year ago.
  • Funding: loans stand at 14.59% of shares as of Q3 2020.

Financial Results

Return on Assets (YTD, annualized)

-17.47%-1,181 bps YoY

Net Interest Margin (YTD, annualized)

-14.26%-1,651 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

16.72%-1,293 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2019Q4 2019Q1 2020Q2 2020Q3 2020YoY ΔTrend
Earnings
Return on Assets-5.66%-6.79%6.39%3.01%-17.47%-1,181 bps
Return on Equity-19.09%-23.05%21.94%10.33%-104.47%-8,538 bps
Net Interest Margin2.25%2.27%1.65%1.77%-14.26%-1,651 bps
Efficiency Ratio95.11%133.07%188.85%152.60%n/an/a
Growth
Asset Growth (YoY)-6.21%-3.63%-1.04%4.53%-6.38%-18 bps
Loan Growth (YoY)-26.44%-31.38%-30.12%-37.95%-49.58%-2,314 bps
Share Growth (YoY)-2.92%5.27%6.34%7.78%12.43%+1,535 bps
Asset Quality
Delinquent Loans / Loans10.83%7.74%1.89%0.00%0.00%-1,083 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans12.34%15.99%6.88%6.21%8.58%-376 bps
Capital
Risk-Based Capital29.65%29.47%29.10%29.12%16.72%-1,293 bps
Net Worth / Assets29.65%29.47%29.10%29.12%16.72%-1,293 bps
Liquidity & Funding
Loans / Shares32.53%30.89%26.16%21.05%14.59%-1,794 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps