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Norwalk Telephone Employees

Norwalk, CT · Charter 4303

NCUA · 1 branch

Q3 2022

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 2022, the quarter ended September 30, 2022, 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

Norwalk Telephone Employees

Norwalk, CT · Charter 4303

NCUA · 1 branch

Q3 2022

$12.4MAssets
$5.5MLoans
$11.1MShares
$1.1MNet Worth

Executive Summary

  • Earnings: ROA of -0.14%, up 44 bps year over year; NIM at 2.94%.
  • Asset quality: problem loans at 3.58% of loans (-45 bps YoY).
  • Capital: net worth / assets of 9.19%, up 14 bps from a year ago.
  • Funding: loans stand at 49.53% of shares as of Q3 2022.

Return on Assets (YTD, annualized)

-0.14%+44 bps YoY

Net Interest Margin (YTD, annualized)

2.94%+23 bps YoY

Efficiency Ratio (YTD, annualized)

102.52%-2,390 bps YoY

Net Worth / Assets

9.19%+14 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets-0.51%-0.49%-0.46%-0.57%-0.69%1.70%0.26%-0.14%+44 bps
Return on Equity-5.10%-5.18%-5.08%-6.33%-7.94%19.12%2.89%-1.48%+485 bps
Net Interest Margin3.25%2.79%2.67%2.71%2.65%2.54%2.65%2.94%+23 bps
Efficiency Ratio118.73%124.59%127.80%126.43%126.91%70.01%93.78%102.52%-2,390 bps
Growth
Asset Growth (YoY)5.35%12.90%12.93%11.39%6.80%5.39%-1.02%-5.56%-1,695 bps
Loan Growth (YoY)-4.17%-5.07%-4.53%-14.90%-6.16%-6.15%-6.10%-9.80%+510 bps
Share Growth (YoY)5.89%15.10%15.11%13.95%9.10%6.38%-0.17%-5.99%-1,994 bps
Asset Quality
Delinquent Loans / Loans2.44%2.51%2.93%4.03%3.87%5.88%4.07%3.58%-45 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans2.19%2.17%1.93%1.94%1.96%2.05%2.10%1.93%-1 bps
Capital
Risk-Based Capital9.98%9.53%9.13%9.05%8.66%8.92%8.90%9.19%+14 bps
Net Worth / Assets9.98%9.53%9.13%9.05%8.66%8.92%8.90%9.19%+14 bps
Liquidity & Funding
Loans / Shares60.51%55.76%53.44%51.62%52.05%49.19%50.27%49.53%-209 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps