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New Horizons

Cincinnati, OH · Charter 63307

NCUA · 5 branches

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

New Horizons

Cincinnati, OH · Charter 63307

NCUA · 5 branches

Q3 2021

$41.9MAssets
$25.9MLoans
$39.3MShares
$2.4MNet 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 -0.77%, down 12 bps year over year; NIM at 2.30%.
  • Asset quality: problem loans at 1.06% of loans (-90 bps YoY).
  • Capital: net worth / assets of 5.82%, down 73 bps from a year ago.
  • Funding: loans stand at 65.89% of shares as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

-0.77%-12 bps YoY

Net Interest Margin (YTD, annualized)

2.30%-79 bps YoY

Efficiency Ratio (YTD, annualized)

106.22%+1,143 bps YoY

Net Worth / Assets

5.82%-73 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets-0.65%-0.62%-0.59%-0.77%-0.77%-12 bps
Return on Equity-9.98%-9.57%-9.75%-12.79%-13.27%-329 bps
Net Interest Margin3.09%2.99%2.35%2.37%2.30%-79 bps
Efficiency Ratio94.79%98.04%112.91%107.45%106.22%+1,143 bps
Growth
Asset Growth (YoY)1.71%-0.12%6.43%-1.56%0.44%-127 bps
Loan Growth (YoY)-15.89%-14.44%-12.30%-9.41%-7.34%+854 bps
Share Growth (YoY)2.73%0.55%7.62%0.80%1.46%-127 bps
Asset Quality
Delinquent Loans / Loans1.95%2.01%1.38%1.16%1.06%-90 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.39%1.34%1.14%1.32%1.40%+1 bps
Capital
Risk-Based Capital6.55%6.49%6.07%6.00%5.82%-73 bps
Net Worth / Assets6.55%6.49%6.07%6.00%5.82%-73 bps
Liquidity & Funding
Loans / Shares72.15%71.56%66.38%68.27%65.89%-626 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps