PackageTrendsPeer
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Passaic Postal Employees

Passaic, NJ · Charter 60448

NCUA · 1 branch

Q3 2018

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 2018, the quarter ended September 30, 2018, 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 2026-10-10

Passaic Postal Employees

Passaic, NJ · Charter 60448

NCUA · 1 branch

Q3 2018

$375KAssets
$180KLoans
$320KShares
$55KNet 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 -8.71%, down 729 bps year over year; NIM at 5.83%.
  • Asset quality: problem loans at 0.00% of loans (-630 bps YoY).
  • Capital: net worth / assets of 14.64%, down 81 bps from a year ago.
  • Funding: loans stand at 56.30% of shares as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

-8.71%-729 bps YoY

Net Interest Margin (YTD, annualized)

5.83%+156 bps YoY

Efficiency Ratio (YTD, annualized)

167.62%+3,887 bps YoY

Net Worth / Assets

14.64%-81 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets-1.42%-1.35%-1.28%-1.83%-8.71%-729 bps
Return on Equity-9.22%-9.20%-8.93%-11.50%-59.50%-5,028 bps
Net Interest Margin4.27%4.07%4.42%4.62%5.83%+156 bps
Efficiency Ratio128.74%128.99%125.81%134.69%167.62%+3,887 bps
Growth
Asset Growth (YoY)0.98%3.35%5.58%-13.17%-28.66%-2,963 bps
Loan Growth (YoY)-15.19%-16.45%-16.61%-11.59%-22.64%-745 bps
Share Growth (YoY)2.73%5.70%8.34%-13.92%-27.77%-3,050 bps
Asset Quality
Delinquent Loans / Loans6.30%9.41%5.22%5.04%0.00%-630 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.10%1.27%1.57%1.63%0.00%-110 bps
Capital
Risk-Based Capital15.45%14.64%14.32%15.94%14.64%-81 bps
Net Worth / Assets15.45%14.64%14.32%15.94%14.64%-81 bps
Liquidity & Funding
Loans / Shares52.56%46.62%42.05%50.66%56.30%+373 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps