PackageTrendsPeer
Letter portraitLegal landscape

Harmony New York

Brooklyn, NY · Charter 12072

Q3 2006

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 2006, the quarter ended September 30, 2006, 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

Harmony New York

Brooklyn, NY · Charter 12072

Q3 2006

$34KAssets
$4KLoans
$18KShares
$16KNet 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 -1.54%, up 328 bps year over year; NIM at 4.25%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 46.85%, up 6 bps from a year ago.
  • Funding: loans stand at 22.16% of shares as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

-1.54%+328 bps YoY

Net Interest Margin (YTD, annualized)

4.25%+82 bps YoY

Efficiency Ratio (YTD, annualized)

136.34%-10,439 bps YoY

Net Worth / Assets

46.85%+6 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets-4.83%-6.39%-1.37%-3.94%-1.54%+328 bps
Return on Equity-10.32%-14.25%-3.08%-8.90%-3.29%+702 bps
Net Interest Margin3.43%2.51%3.81%3.91%4.25%+82 bps
Efficiency Ratio241%355%136.02%201%136.34%-10,439 bps
Growth
Asset Growth (YoY)-8.97%-10.03%-7.54%-8.28%-8.08%+90 bps
Loan Growth (YoY)-30.54%-32.99%-34.49%-36.98%-41.84%-1,130 bps
Share Growth (YoY)-8.25%-7.97%-7.30%-8.70%-8.17%+8 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans103.86%116.78%130.61%148.72%178.58%+7,471 bps
Capital
Risk-Based Capital46.80%44.82%44.59%44.31%46.85%+6 bps
Net Worth / Assets46.80%44.82%44.59%44.31%46.85%+6 bps
Liquidity & Funding
Loans / Shares34.99%30.47%27.20%23.85%22.16%-1,283 bps
Liquid Assets / Assets99.19%101.27%103.11%0.00%0.00%-9,919 bps