PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Northeast School Employees

Manchester, CT · Charter 2709

NCUA · 3 branches

Q1 2025

$102.7MAssets
$39.7MLoans
$90.6MShares
$11.9MNet 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 0.53%, down 24 bps year over year; NIM at 3.12%.
  • Asset quality: problem loans at 0.49% of loans (+31 bps YoY).
  • Capital: net worth / assets of 11.61%, up 57 bps from a year ago.
  • Funding: loans stand at 43.78% of shares as of Q1 2025.

Financial Results

Return on Assets (YTD, annualized)

0.53%-24 bps YoY

Net Interest Margin (YTD, annualized)

3.12%+33 bps YoY

Efficiency Ratio (YTD, annualized)

82.26%+481 bps YoY

Net Worth / Assets

11.61%+57 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2024Q2 2024Q3 2024Q4 2024Q1 2025YoY ΔTrend
Earnings
Return on Assets0.76%0.71%0.79%0.79%0.53%-24 bps
Return on Equity6.91%6.38%6.64%6.62%4.55%-237 bps
Net Interest Margin2.79%2.91%3.10%3.12%3.12%+33 bps
Efficiency Ratio77.46%77.89%77.76%76.48%82.26%+481 bps
Growth
Asset Growth (YoY)-9.26%-6.02%-8.44%-4.60%0.41%+968 bps
Loan Growth (YoY)2.31%2.53%0.75%0.02%2.86%+55 bps
Share Growth (YoY)-10.77%-7.31%-8.12%-4.14%-0.82%+995 bps
Asset Quality
Delinquent Loans / Loans0.18%0.12%0.48%0.21%0.49%+31 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital11.04%11.09%11.83%11.92%11.61%+57 bps
Net Worth / Assets11.04%11.09%11.83%11.92%11.61%+57 bps
Liquidity & Funding
Loans / Shares42.22%42.43%45.25%45.21%43.78%+157 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps