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Norton-Troy Employees

Watervliet, NY · Charter 61651

NCUA · 1 branch

Q2 2021

$4.9MAssets
$1.3MLoans
$4.0MShares
$907KNet 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 -1.14%, down 68 bps year over year; NIM at 1.53%.
  • Asset quality: problem loans at 0.00% of loans (-43 bps YoY).
  • Capital: net worth / assets of 18.36%, up 81 bps from a year ago.
  • Funding: loans stand at 31.64% of shares as of Q2 2021.

Financial Results

Return on Assets (quarter, annualized)

-1.14%-68 bps YoY

Net Interest Margin (quarter, annualized)

1.53%-100 bps YoY

Efficiency Ratio (quarter, annualized)

174.14%+5,951 bps YoY

Net Worth / Assets

18.36%+81 bps YoY

Discrete quarter, annualized.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021YoY ΔTrend
Earnings
Return on Assets-0.46%-0.47%-0.70%-0.91%-1.14%-68 bps
Return on Equity-2.64%-2.72%-3.99%-5.08%-6.22%-359 bps
Net Interest Margin2.54%2.39%2.30%1.68%1.53%-100 bps
Efficiency Ratio114.63%117.19%128.22%153.61%174.14%+5,951 bps
Growth
Asset Growth (YoY)-3.96%-1.37%-2.74%-6.23%-9.69%-573 bps
Loan Growth (YoY)0.05%-5.07%-15.97%-17.32%-20.66%-2,070 bps
Share Growth (YoY)-4.49%-1.09%-2.54%-6.66%-10.66%-617 bps
Asset Quality
Delinquent Loans / Loans0.43%0.50%0.09%0.00%0.00%-43 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.62%0.67%0.70%0.71%0.75%+13 bps
Capital
Risk-Based Capital17.55%17.41%17.50%17.86%18.36%+81 bps
Net Worth / Assets17.55%17.41%17.50%17.86%18.36%+81 bps
Liquidity & Funding
Loans / Shares35.63%32.78%32.59%31.71%31.64%-399 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps