PackageTrendsPeer
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Buffalo Telephone Employees

Buffalo, NY · Charter 62820

Q2 2003

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 2003, the quarter ended June 30, 2003, 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

Buffalo Telephone Employees

Buffalo, NY · Charter 62820

Q2 2003

$56.8MAssets
$10.3MLoans
$47.6MShares
$8.5MNet 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 1.18%, up 90 bps year over year; NIM at 2.71%.
  • Asset quality: problem loans at 3.33% of loans (+179 bps YoY).
  • Capital: net worth / assets of 15.01%, down 109 bps from a year ago.
  • Funding: loans stand at 21.72% of shares as of Q2 2003.

Financial Results

Return on Assets (YTD, annualized)

1.18%+90 bps YoY

Net Interest Margin (YTD, annualized)

2.71%-24 bps YoY

Efficiency Ratio (YTD, annualized)

65.36%-1,565 bps YoY

Net Worth / Assets

15.01%-109 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003YoY ΔTrend
Earnings
Return on Assets0.28%0.49%0.27%2.16%1.18%+90 bps
Return on Equity1.74%3.08%1.73%13.95%7.86%+612 bps
Net Interest Margin2.95%2.74%2.83%2.92%2.71%-24 bps
Efficiency Ratio81.01%77.70%74.13%49.84%65.36%-1,565 bps
Growth
Asset Growth (YoY)12.72%17.96%18.06%16.76%12.14%-58 bps
Loan Growth (YoY)-10.89%-13.60%-13.99%-15.19%-8.68%+221 bps
Share Growth (YoY)14.30%19.46%19.43%18.84%13.46%-84 bps
Asset Quality
Delinquent Loans / Loans1.53%2.30%1.88%2.58%3.33%+179 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.37%1.42%2.09%2.27%3.08%+171 bps
Capital
Risk-Based Capital16.10%15.85%15.43%15.47%15.01%-109 bps
Net Worth / Assets16.10%15.85%15.43%15.47%15.01%-109 bps
Liquidity & Funding
Loans / Shares26.98%26.38%25.21%22.66%21.72%-527 bps
Liquid Assets / Assets36.17%32.65%27.28%29.90%21.63%-1,454 bps