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P S E

Somerset, NJ · Charter 12175

NCUA · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, credit unions under $1B in assets in the New York-Newark-Jersey City, NY-NJ area3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Credit unions under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (n=158 to 159). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

45

Q2 2024Q2 2026peer median (50)

Asset Quality

56

Q2 2024Q2 2026peer median (50)

Profitability

21

Q2 2024Q2 2026peer median (50)

Liquidity

65

Q2 2024Q2 2026peer median

Efficiency

37

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

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

P S E

Somerset, NJ · Charter 12175

NCUA · 1 branch

Q2 2026

$13.5MAssets
$7.0MLoans
$11.5MShares
$1.9MNet 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 0.06%, up 6 bps year over year; NIM at 1.48%.
  • Asset quality: problem loans at 1.03% of loans (-163 bps YoY).
  • Capital: net worth / assets of 13.81%, down 150 bps from a year ago.
  • Funding: loans stand at 61.09% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.06%+6 bps YoY

Net Interest Margin (YTD, annualized)

1.48%+11 bps YoY

Efficiency Ratio (YTD, annualized)

91.03%-868 bps YoY

Net Worth / Assets

13.81%-150 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.00%0.02%0.03%-0.01%0.06%+6 bps
Return on Equity0.03%0.11%0.18%-0.07%0.44%+42 bps
Net Interest Margin1.38%1.35%1.34%1.54%1.48%+11 bps
Efficiency Ratio99.70%98.76%98.03%90.15%91.03%-868 bps
Growth
Asset Growth (YoY)5.19%6.62%7.49%10.45%11.56%+637 bps
Loan Growth (YoY)-1.72%-2.85%-1.80%-2.95%-5.82%-410 bps
Share Growth (YoY)5.48%7.25%6.33%12.44%13.74%+827 bps
Asset Quality
Delinquent Loans / Loans2.65%2.29%2.78%2.37%1.03%-163 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 Capital15.31%15.09%14.95%14.21%13.81%-150 bps
Net Worth / Assets15.31%15.09%14.95%14.21%13.81%-150 bps
Liquidity & Funding
Loans / Shares73.79%71.92%70.65%64.66%61.09%-1,269 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

P S E

Somerset, NJ · Charter 12175 · Peer group: credit unions under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (n=158-159)

NCUA · 1 branch

Q2 2026

$13.5MAssets
$7.0MLoans
$11.5MShares
$1.9MNet Worth

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 56% of credit unions under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 70 of 158).
  • Widest gap: net interest margin trails 94% of credit unions under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 150 of 159).
  • Overall: at or above the peer median on 1 of 7 directional measures.

Return on Assets

0.06%

Rank 114 of 159

Net Interest Margin

1.49%

Rank 150 of 159

Efficiency Ratio

91.00%

Rank 101 of 158

Equity / Assets

13.81%

Rank 88 of 159

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.06%0.00%0.40%1.00%Beats 28%114 / 159
Return on Equity0.43%0.04%2.43%6.24%Beats 28%114 / 159
Net Interest Margin1.49%2.79%3.84%4.44%Beats 6%150 / 159
Efficiency Ratio91.00%74.21%85.84%96.50%Beats 37%101 / 158
Asset Quality
Nonperforming Loans / Loans1.03%0.42%1.27%2.96%Beats 56%70 / 158
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio13.81%10.80%14.61%21.35%Beats 45%88 / 159
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets13.81%10.80%14.61%21.35%Beats 45%88 / 159
Liquidity & Funding
Loans / Deposits61.09%27.85%44.27%75.14%64th pctl58 / 159
Loans / Assets52.20%22.38%35.34%62.74%66th pctl54 / 159
Brokered Deposits / Depositsn/aNot reported for this institution