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Local 74 Seiu

Long Island Cty, NY · Charter 24569

Q3 2006

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 2006, the quarter ended September 30, 2006, 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

Local 74 Seiu

Long Island Cty, NY · Charter 24569

Q3 2006

$1.2MAssets
$526KLoans
$987KShares
$194KNet 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 0.13%, up 675 bps year over year; NIM at 5.29%.
  • Asset quality: problem loans at 15.88% of loans (-239 bps YoY).
  • Capital: net worth / assets of 16.37%, up 206 bps from a year ago.
  • Funding: loans stand at 53.28% of shares as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

0.13%+675 bps YoY

Net Interest Margin (YTD, annualized)

5.29%+78 bps YoY

Efficiency Ratio (YTD, annualized)

97.72%-4,686 bps YoY

Net Worth / Assets

16.37%+206 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets-6.62%-4.90%-0.38%0.23%0.13%+675 bps
Return on Equity-46.26%-33.70%-2.36%1.38%0.77%+4,703 bps
Net Interest Margin4.51%4.63%5.52%5.48%5.29%+78 bps
Efficiency Ratio144.58%130.63%106.52%96.07%97.72%-4,686 bps
Growth
Asset Growth (YoY)-16.52%-12.27%-18.25%-14.24%-11.44%+508 bps
Loan Growth (YoY)-4.73%-5.64%-5.36%-5.50%-14.40%-967 bps
Share Growth (YoY)-13.78%-9.59%-16.83%-16.84%-13.63%+15 bps
Asset Quality
Delinquent Loans / Loans18.27%20.23%13.88%12.97%15.88%-239 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.22%4.17%4.15%3.99%4.26%+4 bps
Capital
Risk-Based Capital14.31%14.53%16.05%16.34%16.37%+206 bps
Net Worth / Assets14.31%14.53%16.05%16.34%16.37%+206 bps
Liquidity & Funding
Loans / Shares53.76%50.93%55.22%54.08%53.28%-48 bps
Liquid Assets / Assets22.56%32.17%26.73%0.00%0.00%-2,256 bps