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N A R C

Beltsville, MD · Charter 3072

NCUA · 1 branch

Q3 2017

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 2017, the quarter ended September 30, 2017, 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

N A R C

Beltsville, MD · Charter 3072

NCUA · 1 branch

Q3 2017

$19.2MAssets
$4.1MLoans
$19.8MShares
$-624KNet 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 -15.79%, down 1,560 bps year over year; NIM at 1.88%.
  • Asset quality: problem loans at 1.43% of loans (+111 bps YoY).
  • Capital: net worth / assets of -3.25%, down 1,071 bps from a year ago.
  • Funding: loans stand at 20.86% of shares as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

-15.79%-1,560 bps YoY

Net Interest Margin (YTD, annualized)

1.88%-12 bps YoY

Efficiency Ratio (YTD, annualized)

848%+74,277 bps YoY

Net Worth / Assets

-3.25%-1,071 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets-0.20%-0.18%-1.13%-0.80%-15.79%-1,560 bps
Return on Equity-2.63%-2.40%-15.60%-10.76%n/an/a
Net Interest Margin2.00%1.96%1.76%1.80%1.88%-12 bps
Efficiency Ratio104.95%104.30%150.14%127.71%848%+74,277 bps
Growth
Asset Growth (YoY)-6.38%-4.66%-5.26%-6.52%-13.58%-719 bps
Loan Growth (YoY)175.71%-21.58%-22.44%-23.31%-28.51%-20,422 bps
Share Growth (YoY)-7.06%-4.60%-4.75%-1.84%-4.48%+258 bps
Asset Quality
Delinquent Loans / Loans0.32%0.42%0.99%1.14%1.43%+111 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.31%0.41%0.15%0.52%0.23%-8 bps
Capital
Risk-Based Capital7.46%7.37%7.25%7.47%-3.25%-1,071 bps
Net Worth / Assets7.46%7.37%7.25%7.47%-3.25%-1,071 bps
Liquidity & Funding
Loans / Shares27.86%25.66%24.70%23.16%20.86%-701 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps