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U. S. Employees

Binghamton, NY · Charter 2041

NCUA · 4 branches

Q3 2021

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 2021, the quarter ended September 30, 2021, 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

U. S. Employees

Binghamton, NY · Charter 2041

NCUA · 4 branches

Q3 2021

$141.3MAssets
$114.9MLoans
$127.5MShares
$13.1MNet 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 -0.52%, down 74 bps year over year; NIM at 3.09%.
  • Asset quality: problem loans at 0.58% of loans (+6 bps YoY).
  • Capital: net worth / assets of 9.29%, down 147 bps from a year ago.
  • Funding: loans stand at 90.07% of shares as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

-0.52%-74 bps YoY

Net Interest Margin (YTD, annualized)

3.09%+4 bps YoY

Efficiency Ratio (YTD, annualized)

93.42%+251 bps YoY

Net Worth / Assets

9.29%-147 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets0.22%0.21%0.26%0.77%-0.52%-74 bps
Return on Equity2.02%1.98%2.66%7.70%-5.64%-766 bps
Net Interest Margin3.05%3.05%2.93%3.00%3.09%+4 bps
Efficiency Ratio90.91%91.35%90.28%80.72%93.42%+251 bps
Growth
Asset Growth (YoY)13.13%17.37%24.94%13.31%11.62%-151 bps
Loan Growth (YoY)6.75%11.73%13.96%23.75%25.09%+1,834 bps
Share Growth (YoY)14.73%19.30%27.62%14.08%13.56%-117 bps
Asset Quality
Delinquent Loans / Loans0.51%0.58%0.49%0.36%0.58%+6 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.73%0.69%0.69%0.64%1.33%+60 bps
Capital
Risk-Based Capital10.76%10.42%9.68%10.06%9.29%-147 bps
Net Worth / Assets10.76%10.42%9.68%10.06%9.29%-147 bps
Liquidity & Funding
Loans / Shares81.77%82.17%77.39%85.11%90.07%+830 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps