PackageTrendsPeer
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I C S

Elma, NY · Charter 15662

NCUA · 1 branch

Q1 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: Q1 2023, the quarter ended March 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

I C S

Elma, NY · Charter 15662

NCUA · 1 branch

Q1 2023

$2.0MAssets
$1.4MLoans
$1.8MShares
$154KNet Worth

Executive Summary

  • Earnings: ROA of 0.26%, down 10 bps year over year; NIM at 2.11%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 7.84%, up 78 bps from a year ago.
  • Funding: loans stand at 75.80% of shares as of Q1 2023.

Return on Assets (YTD, annualized)

0.26%-10 bps YoY

Net Interest Margin (YTD, annualized)

2.11%+64 bps YoY

Efficiency Ratio (YTD, annualized)

87.57%+717 bps YoY

Net Worth / Assets

7.84%+78 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2021Q3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023YoY ΔTrend
Earnings
Return on Assets0.46%0.64%0.41%0.37%0.15%0.08%0.00%0.26%-10 bps
Return on Equity6.44%8.42%5.69%5.21%2.19%1.12%-0.06%3.37%-183 bps
Net Interest Margin1.80%1.82%1.69%1.47%1.49%1.62%1.75%2.11%+64 bps
Efficiency Ratio77.92%73.14%80.46%80.40%90.89%95.30%100.24%87.57%+717 bps
Growth
Asset Growth (YoY)2.74%2.72%5.16%2.71%4.22%2.27%-6.85%-10.37%-1,308 bps
Loan Growth (YoY)-5.14%-3.71%-13.04%-13.30%5.57%17.55%36.01%30.25%+4,355 bps
Share Growth (YoY)2.68%2.32%5.07%2.58%4.28%2.46%-7.37%-11.05%-1,362 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.31%0.31%0.33%0.32%0.29%0.26%0.24%0.24%-7 bps
Capital
Risk-Based Capital7.09%7.60%7.21%7.07%7.07%7.45%7.75%7.84%+78 bps
Net Worth / Assets7.09%7.60%7.21%7.07%7.07%7.45%7.75%7.84%+78 bps
Liquidity & Funding
Loans / Shares56.16%58.20%52.44%51.77%56.86%66.78%77.00%75.80%+2,403 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps