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Coventry Teachers

Coventry, RI · Charter 24475

NCUA · 1 branch

Q2 2022

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: Q2 2022, the quarter ended June 30, 2022, 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

Coventry Teachers

Coventry, RI · Charter 24475

NCUA · 1 branch

Q2 2022

$3.0MAssets
$1.1MLoans
$2.4MShares
$547KNet 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%, up 35 bps year over year; NIM at 1.29%.
  • Asset quality: problem loans at 1.60% of loans (+67 bps YoY).
  • Capital: net worth / assets of 18.48%, up 31 bps from a year ago.
  • Funding: loans stand at 43.66% of shares as of Q2 2022.

Financial Results

Return on Assets (YTD, annualized)

-0.34%+35 bps YoY

Net Interest Margin (YTD, annualized)

1.29%-64 bps YoY

Efficiency Ratio (YTD, annualized)

126.06%-956 bps YoY

Net Worth / Assets

18.48%+31 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2021Q3 2021Q4 2021Q1 2022Q2 2022YoY ΔTrend
Earnings
Return on Assets-0.69%-0.46%-0.63%-0.60%-0.34%+35 bps
Return on Equity-3.77%-2.50%-3.38%-3.38%-1.82%+196 bps
Net Interest Margin1.92%1.91%2.00%1.24%1.29%-64 bps
Efficiency Ratio135.62%123.95%131.62%148.39%126.06%-956 bps
Growth
Asset Growth (YoY)9.22%9.40%7.56%2.83%-3.34%-1,257 bps
Loan Growth (YoY)-16.72%-24.15%-24.48%-25.14%-29.06%-1,235 bps
Share Growth (YoY)12.71%12.65%10.42%4.05%-3.76%-1,647 bps
Asset Quality
Delinquent Loans / Loans0.93%0.27%0.26%0.28%1.60%+67 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.45%0.50%0.54%0.56%0.32%-13 bps
Capital
Risk-Based Capital18.17%18.26%18.77%17.80%18.48%+31 bps
Net Worth / Assets18.17%18.26%18.77%17.80%18.48%+31 bps
Liquidity & Funding
Loans / Shares59.23%54.05%52.66%46.82%43.66%-1,558 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps