PackageTrendsPeer
Letter portraitLegal landscape

Portsmouth Teachers

Portsmouth, VA · Charter 4833

NCUA · 1 branch

Q3 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: Q3 2021, the quarter ended September 30, 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

Portsmouth Teachers

Portsmouth, VA · Charter 4833

NCUA · 1 branch

Q3 2021

$2.3MAssets
$955KLoans
$2.4MShares
$-90KNet Worth

Executive Summary

  • Earnings: ROA of -11.88%, down 894 bps year over year; NIM at 4.07%.
  • Asset quality: problem loans at 5.95% of loans (+354 bps YoY).
  • Capital: net worth / assets of -3.91%, down 906 bps from a year ago.
  • Funding: loans stand at 40.49% of shares as of Q3 2021.

Return on Assets (YTD, annualized)

-11.88%-894 bps YoY

Net Interest Margin (YTD, annualized)

4.07%+142 bps YoY

Efficiency Ratio (YTD, annualized)

256%+11,272 bps YoY

Net Worth / Assets

-3.91%-906 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2019Q1 2020Q2 2020Q3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets-1.68%-3.00%-3.34%-2.95%-2.76%-6.23%-6.24%-11.88%-894 bps
Return on Equity-19.94%-44.25%-61.70%-57.22%-64.11%-267%-444%n/an/a
Net Interest Margin4.23%2.85%2.18%2.65%3.17%4.94%3.49%4.07%+142 bps
Efficiency Ratio114.73%134.44%155.61%143.49%128.13%163.05%193.69%256%+11,272 bps
Growth
Asset Growth (YoY)-0.06%6.64%16.54%21.80%17.55%8.98%-1.26%-3.35%-2,515 bps
Loan Growth (YoY)4.24%-1.15%5.41%4.50%40.14%45.59%30.77%14.73%+1,023 bps
Share Growth (YoY)1.34%8.12%17.60%26.30%15.80%13.86%4.04%5.50%-2,080 bps
Asset Quality
Delinquent Loans / Loans11.96%10.98%3.76%2.41%3.55%2.12%4.14%5.95%+354 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans2.01%2.57%2.29%0.59%2.43%3.35%2.98%2.87%+228 bps
Capital
Risk-Based Capital8.42%6.79%5.42%5.15%4.30%2.34%1.41%-3.91%-906 bps
Net Worth / Assets8.42%6.79%5.42%5.15%4.30%2.34%1.41%-3.91%-906 bps
Liquidity & Funding
Loans / Shares36.82%31.25%29.19%37.23%44.55%39.96%36.69%40.49%+326 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps