PackageTrendsPeer
Letter portraitLegal landscape

Delmarva Power Southern Division

Salisbury, MD · Charter 21167

NCUA · 1 branch

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

Delmarva Power Southern Division

Salisbury, MD · Charter 21167

NCUA · 1 branch

Q3 2023

$18.8MAssets
$4.4MLoans
$16.9MShares
$1.8MNet 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 -12.77%, down 1,304 bps year over year; NIM at -9.93%.
  • Asset quality: problem loans at 0.02% of loans (-24 bps YoY).
  • Capital: net worth / assets of 9.53%, down 998 bps from a year ago.
  • Funding: loans stand at 25.87% of shares as of Q3 2023.

Financial Results

Return on Assets (YTD, annualized)

-12.77%-1,304 bps YoY

Net Interest Margin (YTD, annualized)

-9.93%-1,172 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

9.53%-998 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023YoY ΔTrend
Earnings
Return on Assets0.27%0.43%0.39%0.48%-12.77%-1,304 bps
Return on Equity1.39%2.12%1.94%2.42%-134.08%-13,547 bps
Net Interest Margin1.79%1.98%2.29%2.38%-9.93%-1,172 bps
Efficiency Ratio85.03%78.48%83.14%93.60%n/an/a
Growth
Asset Growth (YoY)0.32%-0.50%-0.47%-0.13%3.25%+292 bps
Loan Growth (YoY)10.21%14.70%25.77%20.80%9.86%-35 bps
Share Growth (YoY)0.12%-1.20%-1.24%-0.86%15.00%+1,489 bps
Asset Quality
Delinquent Loans / Loans0.25%0.03%0.02%0.14%0.02%-24 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.17%1.02%0.00%0.00%0.00%-117 bps
Capital
Risk-Based Capital19.51%20.15%20.10%19.95%9.53%-998 bps
Net Worth / Assets19.51%20.15%20.10%19.95%9.53%-998 bps
Liquidity & Funding
Loans / Shares27.08%28.71%30.59%30.45%25.87%-121 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps