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Baker

Phillipsburg, NJ · Charter 14127

NCUA · 1 branch

Q1 2022

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: Q1 2022, the quarter ended March 31, 2022, 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

Baker

Phillipsburg, NJ · Charter 14127

NCUA · 1 branch

Q1 2022

$43.6MAssets
$12.8MLoans
$41.9MShares
$1.6MNet 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 -6.34%, down 829 bps year over year; NIM at 1.73%.
  • Asset quality: problem loans at 0.92% of loans (-11 bps YoY).
  • Capital: net worth / assets of 3.62%, down 190 bps from a year ago.
  • Funding: loans stand at 30.66% of shares as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

-6.34%-829 bps YoY

Net Interest Margin (YTD, annualized)

1.73%-51 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

3.62%-190 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets1.95%0.78%1.13%0.56%-6.34%-829 bps
Return on Equity35.34%14.43%19.20%10.13%-175.05%-21,039 bps
Net Interest Margin2.24%2.20%2.15%2.08%1.73%-51 bps
Efficiency Ratio82.27%97.30%84.52%94.32%n/an/a
Growth
Asset Growth (YoY)22.40%14.78%15.26%9.61%2.39%-2,001 bps
Loan Growth (YoY)-24.48%-24.80%-20.95%-15.96%-13.76%+1,072 bps
Share Growth (YoY)24.47%16.10%15.67%10.08%3.95%-2,052 bps
Asset Quality
Delinquent Loans / Loans1.04%2.50%1.14%0.98%0.92%-11 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.31%4.61%4.72%4.90%1.18%-313 bps
Capital
Risk-Based Capital5.52%5.38%5.88%5.57%3.62%-190 bps
Net Worth / Assets5.52%5.38%5.88%5.57%3.62%-190 bps
Liquidity & Funding
Loans / Shares36.96%34.63%34.20%33.14%30.66%-630 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps