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Queens Cluster

St. Albans, NY · Charter 22344

NCUA · 1 branch

Q4 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: Q4 2021, the quarter ended December 31, 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

Queens Cluster

St. Albans, NY · Charter 22344

NCUA · 1 branch

Q4 2021

$5.1MAssets
$4.7MLoans
$860KShares
$68KNet Worth

Executive Summary

  • Earnings: ROA of -1.12%, down 523 bps year over year; NIM at 0.67%.
  • Asset quality: problem loans at 6.61% of loans (-3,640 bps YoY).
  • Capital: net worth / assets of 1.33%, down 226 bps from a year ago.
  • Funding: loans stand at 546.92% of shares as of Q4 2021.

Return on Assets (YTD, annualized)

-1.12%-523 bps YoY

Net Interest Margin (YTD, annualized)

0.67%-31 bps YoY

Efficiency Ratio (YTD, annualized)

116.27%+7,286 bps YoY

Net Worth / Assets

1.33%-226 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2020Q2 2020Q3 2020Q4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets-7.64%9.20%4.54%4.10%6.89%0.20%-0.65%-1.12%-523 bps
Return on Equity-315%231%154.38%114.26%117.53%10.11%-46.84%-84.05%-19,831 bps
Net Interest Margin5.80%1.77%0.92%0.99%3.02%0.06%4.43%0.67%-31 bps
Efficiency Ratio227%24.73%40.47%43.41%37.39%94.93%107.24%116.27%+7,286 bps
Growth
Asset Growth (YoY)-9.93%329%418%519%460%155.40%88.46%46.30%-47,290 bps
Loan Growth (YoY)6.92%690%709%514%357%142.26%121.04%90.89%-42,297 bps
Share Growth (YoY)-4.78%5.44%85.51%114.34%125.55%84.07%-8.43%-26.07%-14,041 bps
Asset Quality
Delinquent Loans / Loans1.17%0.20%0.19%43.01%10.42%4.42%8.94%6.61%-3,640 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans3.84%0.73%0.88%1.14%1.62%0.44%0.70%0.90%-24 bps
Capital
Risk-Based Capital2.43%3.98%2.94%3.59%5.86%1.97%1.39%1.33%-226 bps
Net Worth / Assets2.43%3.98%2.94%3.59%5.86%1.97%1.39%1.33%-226 bps
Liquidity & Funding
Loans / Shares71.24%442%230%212%144.24%582%556%547%+33,511 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps