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Portland Me Transit

Portland, ME · Charter 10601

Q3 2008

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 2008, the quarter ended September 30, 2008, 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

Portland Me Transit

Portland, ME · Charter 10601

Q3 2008

$262KAssets
$161KLoans
$250KShares
$12KNet 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 -8.28%, down 427 bps year over year; NIM at 7.38%.
  • Asset quality: problem loans at 0.00% of loans (-852 bps YoY).
  • Capital: net worth / assets of 4.47%, down 537 bps from a year ago.
  • Funding: loans stand at 64.33% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

-8.28%-427 bps YoY

Net Interest Margin (YTD, annualized)

7.38%+61 bps YoY

Efficiency Ratio (YTD, annualized)

86.86%+1,731 bps YoY

Net Worth / Assets

4.47%-537 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets-4.00%-4.83%-6.85%0.66%-8.28%-427 bps
Return on Equity-40.70%-57.49%-94.61%6.77%-185.15%-14,446 bps
Net Interest Margin6.77%4.84%5.40%6.87%7.38%+61 bps
Efficiency Ratio69.55%101.10%130.15%90.78%86.86%+1,731 bps
Growth
Asset Growth (YoY)-2.86%-2.58%-4.01%-16.20%-24.14%-2,128 bps
Loan Growth (YoY)-15.43%-18.31%-2.44%-22.77%-30.80%-1,537 bps
Share Growth (YoY)2.47%3.03%4.03%-12.40%-19.53%-2,199 bps
Asset Quality
Delinquent Loans / Loans8.52%17.47%20.90%15.57%0.00%-852 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans8.48%9.14%10.90%9.54%4.01%-447 bps
Capital
Risk-Based Capital9.84%8.39%7.24%9.69%4.47%-537 bps
Net Worth / Assets9.84%8.39%7.24%9.69%4.47%-537 bps
Liquidity & Funding
Loans / Shares74.81%70.32%81.98%76.42%64.33%-1,048 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps