Northern

Watertown, NY · Charter 24989

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, credit unions under $1B in assets in NY3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Credit unions under $1B in assets in NY (n=59). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

Asset Quality

Profitability

Liquidity

Efficiency

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Northern

Watertown, NY · Charter 24989

Q2 2026

$698.2MAssets

$562.1MLoans

$614.7MShares

$71.2MNet 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 0.15%; NIM at 3.60%.
Asset quality: problem loans at 1.32% of loans.

Capital: net worth / assets of 10.19%.
Funding: loans stand at 91.45% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.15%

Net Interest Margin (YTD, annualized)

3.60%

Efficiency Ratio (YTD, annualized)

93.03%

Net Worth / Assets

10.19%

Year to date, annualized, through each quarter.

Metric	Q2 2026	YoY Δ	Trend
Earnings
Return on Assets	0.15%	n/a	n/a
Return on Equity	1.47%	n/a	n/a
Net Interest Margin	3.60%	n/a	n/a
Efficiency Ratio	93.03%	n/a	n/a
Growth
Asset Growth (YoY)	n/a	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a
Share Growth (YoY)	n/a	n/a	n/a
Asset Quality
Delinquent Loans / Loans	1.32%	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a
Allowance / Loans	0.00%	n/a	n/a
Capital
Risk-Based Capital	10.19%	n/a	n/a
Net Worth / Assets	10.19%	n/a	n/a
Liquidity & Funding
Loans / Shares	91.45%	n/a	n/a
Liquid Assets / Assets	0.00%	n/a	n/a

Northern

Watertown, NY · Charter 24989 · Peer group: credit unions under $1B in assets in NY (n=59)

Q2 2026

$698.2MAssets

$562.1MLoans

$614.7MShares

$71.2MNet Worth

Executive Summary

Strongest standing: net interest margin outperforms 42% of credit unions under $1B in assets in NY (rank 34 of 59).
Widest gap: equity / assets trails 88% of credit unions under $1B in assets in NY (rank 52 of 59).
Overall: at or above the peer median on 0 of 7 directional measures.

Return on Assets

0.15%

Rank 50 of 59

Net Interest Margin

3.60%

Rank 34 of 59

Efficiency Ratio

93.03%

Rank 53 of 59

Equity / Assets

10.19%

Rank 52 of 59

Metric	Your Credit Union	Peer 25th	Peer Median	Peer 75th	Standing	Rank
Earnings
Return on Assets	0.15%	0.28%	1.01%	1.42%	Beats 15%	50 / 59
Return on Equity	1.47%	2.31%	7.92%	10.52%	Beats 17%	49 / 59
Net Interest Margin	3.60%	3.24%	3.66%	4.04%	Beats 42%	34 / 59
Efficiency Ratio	93.03%	63.53%	74.15%	82.44%	Beats 12%	53 / 59
Asset Quality
Nonperforming Loans / Loans	1.32%	0.32%	0.68%	1.20%	Beats 24%	46 / 59
Net Charge-Offs / Loans	n/a	Not reported for this institution
Capital
Tier 1 Capital Ratio	10.19%	10.94%	13.05%	16.06%	Beats 12%	52 / 59
Total Risk-Based Capital Ratio	n/a	Not reported for this institution
Equity / Assets	10.19%	10.94%	13.05%	16.06%	Beats 12%	52 / 59
Liquidity & Funding
Loans / Deposits	91.45%	40.49%	57.59%	78.86%	95th pctl	3 / 59
Loans / Assets	80.51%	33.06%	50.92%	63.03%	97th pctl	2 / 59
Brokered Deposits / Deposits	n/a	Not reported for this institution