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Defense Logistics

Pinatinany, NJ · Charter 13169

NCUA · 1 branch

Q2 2021

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: Q2 2021, the quarter ended June 30, 2021, 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

Defense Logistics

Pinatinany, NJ · Charter 13169

NCUA · 1 branch

Q2 2021

$446KAssets
$169KLoans
$416KShares
$29KNet 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 -3.93%, down 231 bps year over year; NIM at 3.69%.
  • Asset quality: problem loans at 0.00% of loans (-312 bps YoY).
  • Capital: net worth / assets of 6.57%, down 72 bps from a year ago.
  • Funding: loans stand at 40.69% of shares as of Q2 2021.

Financial Results

Return on Assets (YTD, annualized)

-3.93%-231 bps YoY

Net Interest Margin (YTD, annualized)

3.69%-27 bps YoY

Efficiency Ratio (YTD, annualized)

161.70%+2,288 bps YoY

Net Worth / Assets

6.57%-72 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021YoY ΔTrend
Earnings
Return on Assets-1.62%-2.78%-2.43%-1.90%-3.93%-231 bps
Return on Equity-22.18%-41.83%-34.52%-26.94%-59.72%-3,754 bps
Net Interest Margin3.96%4.22%4.41%3.65%3.69%-27 bps
Efficiency Ratio138.82%126.85%125.71%148.82%161.70%+2,288 bps
Growth
Asset Growth (YoY)-15.21%-20.88%-23.87%-25.03%-32.09%-1,689 bps
Loan Growth (YoY)-13.58%-36.40%-35.25%-44.27%-49.12%-3,554 bps
Share Growth (YoY)-15.75%-20.73%-23.52%-24.96%-31.57%-1,582 bps
Asset Quality
Delinquent Loans / Loans3.12%0.99%0.00%0.00%0.00%-312 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.62%2.83%2.76%3.33%5.30%+368 bps
Capital
Risk-Based Capital7.29%6.65%7.03%7.04%6.57%-72 bps
Net Worth / Assets7.29%6.65%7.03%7.04%6.57%-72 bps
Liquidity & Funding
Loans / Shares54.73%49.90%48.32%42.90%40.69%-1,403 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps