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M B F T

Thurmont, MD · Charter 15805

NCUA · 1 branch

Q3 2020

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: Q3 2020, the quarter ended September 30, 2020, 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

M B F T

Thurmont, MD · Charter 15805

NCUA · 1 branch

Q3 2020

$369KAssets
$133KLoans
$186KShares
$308KNet 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 -0.72%, up 90 bps year over year; NIM at 2.99%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 83.31%, up 4,858 bps from a year ago.
  • Funding: loans stand at 71.35% of shares as of Q3 2020.

Financial Results

Return on Assets (YTD, annualized)

-0.72%+90 bps YoY

Net Interest Margin (YTD, annualized)

2.99%-15 bps YoY

Efficiency Ratio (YTD, annualized)

167.92%+2,754 bps YoY

Net Worth / Assets

83.31%+4,858 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2019Q4 2019Q1 2020Q2 2020Q3 2020YoY ΔTrend
Earnings
Return on Assets-1.61%-1.19%1.04%0.21%-0.72%+90 bps
Return on Equity-4.65%-3.14%2.86%0.59%-0.86%+379 bps
Net Interest Margin3.13%3.07%2.51%2.26%2.99%-15 bps
Efficiency Ratio140.38%138.86%128.67%152.52%167.92%+2,754 bps
Growth
Asset Growth (YoY)-7.64%-4.78%-3.31%-3.10%-29.64%-2,200 bps
Loan Growth (YoY)10.71%-7.67%-11.18%-33.43%-31.29%-4,200 bps
Share Growth (YoY)-9.85%-6.41%-5.36%-5.03%-45.44%-3,559 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.15%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.04%3.05%2.60%1.69%1.78%-226 bps
Capital
Risk-Based Capital34.74%37.98%36.35%35.39%83.31%+4,858 bps
Net Worth / Assets34.74%37.98%36.35%35.39%83.31%+4,858 bps
Liquidity & Funding
Loans / Shares56.65%60.09%48.35%42.42%71.35%+1,470 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps