PackageTrendsPeer
Letter portraitLegal landscape

County Schools

Pittsfield, MA · Charter 67758

NCUA · 2 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

County Schools

Pittsfield, MA · Charter 67758

NCUA · 2 branches

Q3 2021

$20.4MAssets
$5.3MLoans
$18.1MShares
$2.3MNet 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 -1.38%, down 79 bps year over year; NIM at 1.75%.
  • Asset quality: problem loans at 0.12% of loans (-48 bps YoY).
  • Capital: net worth / assets of 11.22%, down 10 bps from a year ago.
  • Funding: loans stand at 29.24% of shares as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

-1.38%-79 bps YoY

Net Interest Margin (YTD, annualized)

1.75%-6 bps YoY

Efficiency Ratio (YTD, annualized)

162.58%+4,388 bps YoY

Net Worth / Assets

11.22%-10 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets-0.59%-0.60%-0.82%-0.77%-1.38%-79 bps
Return on Equity-5.21%-5.43%-7.90%-7.40%-12.30%-709 bps
Net Interest Margin1.81%1.79%1.45%1.56%1.75%-6 bps
Efficiency Ratio118.71%121.29%144.72%137.99%162.58%+4,388 bps
Growth
Asset Growth (YoY)7.44%8.53%8.09%0.69%-8.92%-1,636 bps
Loan Growth (YoY)-10.63%-9.51%-13.47%-16.23%-18.65%-802 bps
Share Growth (YoY)9.39%10.46%9.94%1.51%-8.76%-1,814 bps
Asset Quality
Delinquent Loans / Loans0.60%0.53%0.23%0.18%0.12%-48 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.44%2.28%2.65%2.78%3.00%+55 bps
Capital
Risk-Based Capital11.32%11.13%10.43%10.47%11.22%-10 bps
Net Worth / Assets11.32%11.13%10.43%10.47%11.22%-10 bps
Liquidity & Funding
Loans / Shares32.80%33.48%29.14%27.86%29.24%-356 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps