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T. C. W. H. #585

Washington, PA · Charter 24531

NCUA · 1 branch

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

T. C. W. H. #585

Washington, PA · Charter 24531

NCUA · 1 branch

Q3 2021

$396KAssets
$116KLoans
$381KShares
$15KNet 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 -4.10%, down 378 bps year over year; NIM at 2.99%.
  • Asset quality: problem loans at 18.87% of loans (+1,103 bps YoY).
  • Capital: net worth / assets of 3.74%, down 221 bps from a year ago.
  • Funding: loans stand at 30.53% of shares as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

-4.10%-378 bps YoY

Net Interest Margin (YTD, annualized)

2.99%-79 bps YoY

Efficiency Ratio (YTD, annualized)

231%+12,309 bps YoY

Net Worth / Assets

3.74%-221 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets-0.31%-1.35%-2.26%-2.61%-4.10%-378 bps
Return on Equity-5.27%-23.59%-42.42%-57.83%-109.62%-10,435 bps
Net Interest Margin3.77%3.90%3.03%3.02%2.99%-79 bps
Efficiency Ratio108.10%133.31%173.92%182.75%231%+12,309 bps
Growth
Asset Growth (YoY)9.23%11.02%-2.48%-7.49%-10.37%-1,960 bps
Loan Growth (YoY)-20.93%-29.05%-29.73%-26.70%-32.09%-1,116 bps
Share Growth (YoY)11.26%13.66%-0.69%-5.64%-8.28%-1,954 bps
Asset Quality
Delinquent Loans / Loans7.84%7.32%12.21%6.72%18.87%+1,103 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans6.29%6.64%7.53%7.90%8.76%+247 bps
Capital
Risk-Based Capital5.94%5.71%5.33%4.52%3.74%-221 bps
Net Worth / Assets5.94%5.71%5.33%4.52%3.74%-221 bps
Liquidity & Funding
Loans / Shares41.23%39.00%35.43%33.56%30.53%-1,070 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps