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New London Municipal Employees

New London, CT · Charter 60480

NCUA · 1 branch

Q2 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: Q2 2022, the quarter ended June 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

New London Municipal Employees

New London, CT · Charter 60480

NCUA · 1 branch

Q2 2022

$3.1MAssets
$2.1MLoans
$2.5MShares
$559KNet 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 -1.25%, down 24 bps year over year; NIM at 3.27%.
  • Asset quality: problem loans at 1.96% of loans (+196 bps YoY).
  • Capital: net worth / assets of 18.21%, down 148 bps from a year ago.
  • Funding: loans stand at 83.63% of shares as of Q2 2022.

Financial Results

Return on Assets (YTD, annualized)

-1.25%-24 bps YoY

Net Interest Margin (YTD, annualized)

3.27%-4 bps YoY

Efficiency Ratio (YTD, annualized)

128.62%-141 bps YoY

Net Worth / Assets

18.21%-148 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2021Q3 2021Q4 2021Q1 2022Q2 2022YoY ΔTrend
Earnings
Return on Assets-1.02%-1.07%-1.92%-0.87%-1.25%-24 bps
Return on Equity-5.17%-5.82%-9.87%-4.62%-6.89%-172 bps
Net Interest Margin3.31%3.11%3.44%3.20%3.27%-4 bps
Efficiency Ratio130.02%136.37%156.48%116.80%128.62%-141 bps
Growth
Asset Growth (YoY)1.28%6.53%-8.13%-2.41%-2.40%-368 bps
Loan Growth (YoY)13.51%9.17%15.73%21.41%10.98%-253 bps
Share Growth (YoY)2.99%9.78%-7.92%-0.96%-0.66%-365 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%1.96%+196 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.26%0.29%0.27%0.25%0.24%-3 bps
Capital
Risk-Based Capital19.69%18.38%19.45%18.80%18.21%-148 bps
Net Worth / Assets19.69%18.38%19.45%18.80%18.21%-148 bps
Liquidity & Funding
Loans / Shares74.85%67.44%76.62%80.14%83.63%+878 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps