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Watertown Municipal

Watertown, MA · Charter 67615

NCUA · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=66). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

94

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

55

Q2 2024Q2 2026peer median (50)

Liquidity

47

Q2 2024Q2 2026peer median

Efficiency

53

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

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

Watertown Municipal

Watertown, MA · Charter 67615

NCUA · 1 branch

Q2 2026

$9.7MAssets
$3.1MLoans
$6.0MShares
$3.6MNet 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 0.82%, down 19 bps year over year; NIM at 3.95%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 36.86%, up 257 bps from a year ago.
  • Funding: loans stand at 52.05% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.82%-19 bps YoY

Net Interest Margin (YTD, annualized)

3.95%+29 bps YoY

Efficiency Ratio (YTD, annualized)

79.80%+485 bps YoY

Net Worth / Assets

36.86%+257 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.01%1.09%1.02%0.93%0.82%-19 bps
Return on Equity2.94%3.07%2.82%2.59%2.22%-72 bps
Net Interest Margin3.66%3.84%3.91%3.77%3.95%+29 bps
Efficiency Ratio74.94%73.37%74.17%80.28%79.80%+485 bps
Growth
Asset Growth (YoY)0.88%-0.61%-2.18%-1.73%-4.93%-582 bps
Loan Growth (YoY)-4.44%-6.55%-4.80%-10.51%-0.97%+347 bps
Share Growth (YoY)-0.24%-2.77%-4.95%-4.18%-8.97%-874 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital34.29%35.56%36.17%35.86%36.86%+257 bps
Net Worth / Assets34.29%35.56%36.17%35.86%36.86%+257 bps
Liquidity & Funding
Loans / Shares47.84%49.48%52.18%46.48%52.05%+421 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Watertown Municipal

Watertown, MA · Charter 67615 · Peer group: credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=66)

NCUA · 1 branch

Q2 2026

$9.7MAssets
$3.1MLoans
$6.0MShares
$3.6MNet Worth

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 10 of 66).
  • Widest gap: return on equity trails 82% of credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 54 of 66).
  • Overall: at or above the peer median on 6 of 7 directional measures.

Return on Assets

0.83%

Rank 22 of 66

Net Interest Margin

3.96%

Rank 14 of 66

Efficiency Ratio

79.58%

Rank 32 of 66

Equity / Assets

36.86%

Rank 4 of 66

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.83%0.38%0.59%1.00%Beats 67%22 / 66
Return on Equity2.25%2.62%4.89%6.39%Beats 18%54 / 66
Net Interest Margin3.96%2.83%3.27%3.84%Beats 79%14 / 66
Efficiency Ratio79.58%68.43%80.15%87.18%Beats 53%32 / 66
Asset Quality
Nonperforming Loans / Loans0.00%0.08%0.48%1.18%Beats 100%10 / 66
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio36.86%9.84%13.79%17.21%Beats 94%4 / 66
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets36.86%9.84%13.79%17.21%Beats 94%4 / 66
Liquidity & Funding
Loans / Deposits52.04%50.73%71.54%81.61%27th pctl48 / 66
Loans / Assets32.36%40.53%57.05%68.92%15th pctl56 / 66
Brokered Deposits / Depositsn/aNot reported for this institution