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Coastal New England

New Bedford, MA · Charter 24913

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

Coastal New England

New Bedford, MA · Charter 24913

NCUA · 1 branch

Q4 2021

$19.5MAssets
$13.6MLoans
$18.1MShares
$1.2MNet Worth

Executive Summary

  • Earnings: ROA of -0.11%, up 34 bps year over year; NIM at 3.01%.
  • Asset quality: problem loans at 0.06% of loans (-17 bps YoY).
  • Capital: net worth / assets of 6.34%, down 1 bps from a year ago.
  • Funding: loans stand at 75.22% of shares as of Q4 2021.

Return on Assets (YTD, annualized)

-0.11%+34 bps YoY

Net Interest Margin (YTD, annualized)

3.01%+17 bps YoY

Efficiency Ratio (YTD, annualized)

102.66%-339 bps YoY

Net Worth / Assets

6.34%-1 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2020Q2 2020Q3 2020Q4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets-0.76%-0.53%-0.47%-0.45%-0.39%-0.32%-0.23%-0.11%+34 bps
Return on Equity-11.42%-8.18%-7.13%-7.08%-6.27%-5.43%-3.92%-1.81%+527 bps
Net Interest Margin3.00%2.90%2.92%2.84%2.73%2.67%2.79%3.01%+17 bps
Efficiency Ratio99.15%102.15%103.70%106.06%106.99%108.42%105.23%102.66%-339 bps
Growth
Asset Growth (YoY)n/an/a5.71%7.38%2.76%6.03%5.07%-1.60%-898 bps
Loan Growth (YoY)n/an/a1.35%2.08%-0.42%2.51%5.63%-0.20%-228 bps
Share Growth (YoY)n/an/a7.01%8.53%3.52%7.00%5.56%-2.37%-1,089 bps
Asset Quality
Delinquent Loans / Loans0.31%0.13%0.06%0.23%0.05%0.04%0.03%0.06%-17 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.64%0.67%0.62%0.62%0.58%0.58%0.58%0.58%-4 bps
Capital
Risk-Based Capital6.69%6.54%6.55%6.35%6.16%5.83%5.96%6.34%-1 bps
Net Worth / Assets6.69%6.54%6.55%6.35%6.16%5.83%5.96%6.34%-1 bps
Liquidity & Funding
Loans / Shares75.07%71.45%72.81%73.58%72.22%68.45%72.86%75.22%+163 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps