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Alpha

Boston, MA · Charter 67872

NCUA · 2 branches

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

77

Q2 2024Q2 2026peer median (50)

Asset Quality

68

Q2 2024Q2 2026peer median (50)

Profitability

93

Q2 2024Q2 2026peer median (50)

Liquidity

94

Q2 2024Q2 2026peer median

Efficiency

83

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

Alpha

Boston, MA · Charter 67872

NCUA · 2 branches

Q2 2026

$35.1MAssets
$19.4MLoans
$28.2MShares
$6.6MNet 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 1.97%, up 41 bps year over year; NIM at 4.56%.
  • Asset quality: problem loans at 0.14% of loans (0 bps YoY).
  • Capital: net worth / assets of 18.78%, up 158 bps from a year ago.
  • Funding: loans stand at 68.97% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.97%+41 bps YoY

Net Interest Margin (YTD, annualized)

4.56%0 bps YoY

Efficiency Ratio (YTD, annualized)

63.74%-67 bps YoY

Net Worth / Assets

18.78%+158 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.56%1.71%1.70%2.11%1.97%+41 bps
Return on Equity9.07%9.77%9.46%11.51%10.51%+143 bps
Net Interest Margin4.55%4.60%4.58%4.52%4.56%0 bps
Efficiency Ratio64.40%61.75%62.15%66.53%63.74%-67 bps
Growth
Asset Growth (YoY)-2.36%-2.76%0.93%0.98%1.73%+409 bps
Loan Growth (YoY)5.84%6.22%4.23%-1.03%0.21%-563 bps
Share Growth (YoY)-4.48%-5.37%-0.92%-1.64%-0.69%+379 bps
Asset Quality
Delinquent Loans / Loans0.14%0.12%0.06%0.16%0.14%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 Capital17.20%17.51%17.94%18.33%18.78%+158 bps
Net Worth / Assets17.20%17.51%17.94%18.33%18.78%+158 bps
Liquidity & Funding
Loans / Shares68.35%69.52%67.28%66.86%68.97%+62 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

Alpha

Boston, MA · Charter 67872 · Peer group: credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=66)

NCUA · 2 branches

Q2 2026

$35.1MAssets
$19.4MLoans
$28.2MShares
$6.6MNet Worth

Executive Summary

  • Strongest standing: return on assets outperforms 94% of credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 4 of 66).
  • Widest gap: nonperforming loans / loans trails 32% of credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 22 of 66).
  • Overall: at or above the peer median on 7 of 7 directional measures.

Return on Assets

1.97%

Rank 4 of 66

Net Interest Margin

4.56%

Rank 5 of 66

Efficiency Ratio

63.74%

Rank 12 of 66

Equity / Assets

18.78%

Rank 15 of 66

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.97%0.38%0.59%1.00%Beats 94%4 / 66
Return on Equity10.51%2.62%4.89%6.39%Beats 92%5 / 66
Net Interest Margin4.56%2.83%3.27%3.84%Beats 92%5 / 66
Efficiency Ratio63.74%68.43%80.15%87.18%Beats 83%12 / 66
Asset Quality
Nonperforming Loans / Loans0.14%0.08%0.48%1.18%Beats 68%22 / 66
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio18.78%9.84%13.79%17.21%Beats 77%15 / 66
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets18.78%9.84%13.79%17.21%Beats 77%15 / 66
Liquidity & Funding
Loans / Deposits68.97%50.73%71.54%81.61%47th pctl35 / 66
Loans / Assets55.37%40.53%57.05%68.92%47th pctl35 / 66
Brokered Deposits / Depositsn/aNot reported for this institution