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Erie Metro

Blasdell, NY · Charter 22440

NCUA · 2 branches

Q3 2019

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 2019, the quarter ended September 30, 2019, 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

Erie Metro

Blasdell, NY · Charter 22440

NCUA · 2 branches

Q3 2019

$39.1MAssets
$20.2MLoans
$34.8MShares
$4.2MNet 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 -0.34%, down 110 bps year over year; NIM at 3.07%.
  • Asset quality: problem loans at 0.15% of loans (-35 bps YoY).
  • Capital: net worth / assets of 10.82%, down 59 bps from a year ago.
  • Funding: loans stand at 58.22% of shares as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

-0.34%-110 bps YoY

Net Interest Margin (YTD, annualized)

3.07%-6 bps YoY

Efficiency Ratio (YTD, annualized)

97.53%+1,793 bps YoY

Net Worth / Assets

10.82%-59 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets0.76%0.80%0.15%0.59%-0.34%-110 bps
Return on Equity6.63%6.82%1.38%5.39%-3.13%-976 bps
Net Interest Margin3.12%3.17%2.76%2.92%3.07%-6 bps
Efficiency Ratio79.60%79.19%88.38%81.28%97.53%+1,793 bps
Growth
Asset Growth (YoY)1.04%2.06%0.79%5.77%4.47%+343 bps
Loan Growth (YoY)11.44%10.13%12.13%16.19%7.60%-384 bps
Share Growth (YoY)0.31%1.42%0.32%5.60%5.06%+475 bps
Asset Quality
Delinquent Loans / Loans0.50%0.44%0.48%0.24%0.15%-35 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.64%0.67%0.67%0.68%0.68%+4 bps
Capital
Risk-Based Capital11.41%11.68%11.07%10.88%10.82%-59 bps
Net Worth / Assets11.41%11.68%11.07%10.88%10.82%-59 bps
Liquidity & Funding
Loans / Shares56.84%58.55%56.27%56.74%58.22%+138 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps