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Maumee Educators

Maumee, OH · Charter 15390

NCUA · 1 branch

Q4 2023

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: Q4 2023, the quarter ended December 31, 2023, 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

Maumee Educators

Maumee, OH · Charter 15390

NCUA · 1 branch

Q4 2023

$1.7MAssets
$1.1MLoans
$1.3MShares
$369KNet 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 -0.59%, down 42 bps year over year; NIM at 2.78%.
  • Asset quality: problem loans at 1.70% of loans (+10 bps YoY).
  • Capital: net worth / assets of 21.54%, up 54 bps from a year ago.
  • Funding: loans stand at 80.15% of shares as of Q4 2023.

Financial Results

Return on Assets (YTD, annualized)

-0.59%-42 bps YoY

Net Interest Margin (YTD, annualized)

2.78%+22 bps YoY

Efficiency Ratio (YTD, annualized)

119.05%+1,352 bps YoY

Net Worth / Assets

21.54%+54 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2022Q1 2023Q2 2023Q3 2023Q4 2023YoY ΔTrend
Earnings
Return on Assets-0.17%-2.20%-1.42%-0.86%-0.59%-42 bps
Return on Equity-0.79%-10.42%-6.59%-4.02%-2.74%-195 bps
Net Interest Margin2.57%2.38%2.71%2.70%2.78%+22 bps
Efficiency Ratio105.52%165.96%138.87%129.88%119.05%+1,352 bps
Growth
Asset Growth (YoY)-7.59%-9.56%-9.82%-5.35%-5.23%+236 bps
Loan Growth (YoY)-12.17%12.33%14.08%22.32%34.43%+4,660 bps
Share Growth (YoY)-9.27%-11.07%-11.27%-5.81%-5.83%+345 bps
Asset Quality
Delinquent Loans / Loans1.60%0.58%1.33%0.59%1.70%+10 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.33%1.92%1.52%1.50%+150 bps
Capital
Risk-Based Capital20.99%21.12%21.50%21.48%21.54%+54 bps
Net Worth / Assets20.99%21.12%21.50%21.48%21.54%+54 bps
Liquidity & Funding
Loans / Shares56.14%69.39%74.17%77.47%80.15%+2,400 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps