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McKesson

Stratford, CT · Charter 1706

NCUA · 3 branches

Q3 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: Q3 2023, the quarter ended September 30, 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

McKesson

Stratford, CT · Charter 1706

NCUA · 3 branches

Q3 2023

$28.9MAssets
$6.0MLoans
$26.1MShares
$2.8MNet 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 -1.04%, down 217 bps year over year; NIM at 2.04%.
  • Asset quality: problem loans at 0.08% of loans (-53 bps YoY).
  • Capital: net worth / assets of 9.53%, up 19 bps from a year ago.
  • Funding: loans stand at 23.05% of shares as of Q3 2023.

Financial Results

Return on Assets (YTD, annualized)

-1.04%-217 bps YoY

Net Interest Margin (YTD, annualized)

2.04%+46 bps YoY

Efficiency Ratio (YTD, annualized)

139.58%+7,599 bps YoY

Net Worth / Assets

9.53%+19 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023YoY ΔTrend
Earnings
Return on Assets1.13%0.92%0.13%-0.61%-1.04%-217 bps
Return on Equity12.14%9.58%1.39%-6.40%-10.87%-2,301 bps
Net Interest Margin1.59%1.67%1.90%1.93%2.04%+46 bps
Efficiency Ratio63.59%68.79%89.31%122.77%139.58%+7,599 bps
Growth
Asset Growth (YoY)2.76%1.48%0.41%-3.03%-8.94%-1,170 bps
Loan Growth (YoY)-7.36%-5.16%-3.73%-5.94%-16.95%-959 bps
Share Growth (YoY)2.08%0.61%-0.36%-3.81%-9.00%-1,109 bps
Asset Quality
Delinquent Loans / Loans0.61%0.19%0.12%0.10%0.08%-53 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.61%0.64%0.00%0.00%0.00%-61 bps
Capital
Risk-Based Capital9.33%9.56%9.51%9.55%9.53%+19 bps
Net Worth / Assets9.33%9.56%9.51%9.55%9.53%+19 bps
Liquidity & Funding
Loans / Shares25.25%25.51%24.50%24.59%23.05%-220 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps