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Northeast

Portsmouth, NH · Charter 68219

NCUA · 18 branches

Q2 2024

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, credit unions $1B-$10B in assets3

Basis

Quarter: Q2 2024, the quarter ended June 30, 2024, 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 $1B-$10B in assets (n=409). 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

43

Q2 2024Q2 2024peer median (50)

Asset Quality

85

Q2 2024Q2 2024peer median (50)

Profitability

54

Q2 2024Q2 2024peer median (50)

Liquidity

28

Q2 2024Q2 2024peer median

Efficiency

19

Q2 2024Q2 2024peer 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

Northeast

Portsmouth, NH · Charter 68219

NCUA · 18 branches

Q2 2024

$2.0BAssets
$1.7BLoans
$1.7BShares
$202.2MNet Worth

Executive Summary

  • Earnings: ROA of 0.43%, down 41 bps year over year; NIM at 3.70%.
  • Asset quality: problem loans at 0.29% of loans (+15 bps YoY).
  • Capital: net worth / assets of 10.20%, up 9 bps from a year ago.
  • Funding: loans stand at 99.10% of shares as of Q2 2024.

Return on Assets (YTD, annualized)

0.43%-41 bps YoY

Net Interest Margin (YTD, annualized)

3.70%+4 bps YoY

Efficiency Ratio (YTD, annualized)

83.86%+766 bps YoY

Net Worth / Assets

10.20%+9 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024YoY ΔTrend
Earnings
Return on Assets0.57%0.66%1.14%0.84%0.74%0.70%0.44%0.43%-41 bps
Return on Equity6.41%6.88%11.51%8.29%7.40%6.92%4.40%4.24%-405 bps
Net Interest Margin2.46%2.86%3.64%3.66%3.57%3.59%3.61%3.70%+4 bps
Efficiency Ratio80.91%80.44%70.36%76.20%77.32%78.87%83.64%83.86%+766 bps
Growth
Asset Growth (YoY)1.76%-4.50%-6.32%-6.43%-3.32%2.85%5.22%5.15%+1,158 bps
Loan Growth (YoY)6.00%12.42%14.12%12.09%11.18%6.89%5.70%5.63%-646 bps
Share Growth (YoY)3.39%-4.31%-7.85%-8.51%-7.89%-2.47%2.88%3.72%+1,224 bps
Asset Quality
Delinquent Loans / Loans0.08%0.11%0.15%0.14%0.19%0.29%0.21%0.29%+15 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.56%0.55%0.56%0.59%0.00%0.00%0.00%0.00%-59 bps
Capital
Risk-Based Capital8.89%9.65%9.94%10.11%10.03%10.16%10.04%10.20%+9 bps
Net Worth / Assets8.89%9.65%9.94%10.11%10.03%10.16%10.04%10.20%+9 bps
Liquidity & Funding
Loans / Shares83.16%91.94%93.74%97.31%100.37%100.76%96.31%99.10%+179 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%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

Northeast

Portsmouth, NH · Charter 68219 · Peer group: credit unions $1B-$10B in assets (n=409)

NCUA · 18 branches

Q2 2024

$2.0BAssets
$1.7BLoans
$1.7BShares
$202.2MNet Worth

Executive Summary

  • Strongest standing: net interest margin outperforms 91% of credit unions $1B-$10B in assets (rank 37 of 409).
  • Widest gap: efficiency ratio trails 81% of credit unions $1B-$10B in assets (rank 333 of 409).
  • Overall: at or above the peer median on 2 of 7 directional measures.

Return on Assets

0.43%

Rank 266 of 409

Net Interest Margin

3.70%

Rank 37 of 409

Efficiency Ratio

83.86%

Rank 333 of 409

Equity / Assets

10.20%

Rank 232 of 409

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.43%0.31%0.59%0.92%Beats 35%266 / 409n/a
Return on Equity4.24%2.95%5.75%8.38%Beats 36%261 / 409n/a
Net Interest Margin3.70%2.53%2.90%3.32%Beats 91%37 / 409n/a
Efficiency Ratio83.86%67.11%74.53%81.97%Beats 19%333 / 409n/a
Asset Quality
Nonperforming Loans / Loans0.29%0.36%0.60%0.86%Beats 85%64 / 409n/a
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio10.20%9.44%10.54%12.14%Beats 43%232 / 409n/a
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets10.20%9.44%10.54%12.14%Beats 43%232 / 409n/a
Liquidity & Funding
Loans / Deposits99.10%78.77%88.36%97.27%81st pctl76 / 409n/a
Loans / Assets83.43%66.61%74.05%80.30%85th pctl61 / 409n/a
Brokered Deposits / Depositsn/aNot reported for this institution