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Service

Portsmouth, NH · Charter 68375

NCUA · 53 branches

Q3 2020

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 2020, the quarter ended September 30, 2020, 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

Service

Portsmouth, NH · Charter 68375

NCUA · 53 branches

Q3 2020

$4.4BAssets
$3.4BLoans
$3.7BShares
$489.1MNet Worth

Executive Summary

  • Earnings: ROA of 0.64%, down 41 bps year over year; NIM at 2.25%.
  • Asset quality: problem loans at 0.16% of loans (-8 bps YoY).
  • Capital: net worth / assets of 11.10%, down 118 bps from a year ago.
  • Funding: loans stand at 92.78% of shares as of Q3 2020.

Return on Assets (YTD, annualized)

0.64%-41 bps YoY

Net Interest Margin (YTD, annualized)

2.25%-21 bps YoY

Efficiency Ratio (YTD, annualized)

77.20%+558 bps YoY

Net Worth / Assets

11.10%-118 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2018Q1 2019Q2 2019Q3 2019Q4 2019Q1 2020Q2 2020Q3 2020YoY ΔTrend
Earnings
Return on Assets1.00%1.01%1.00%1.05%0.99%0.59%0.53%0.64%-41 bps
Return on Equity8.16%8.42%8.25%8.51%8.10%4.94%4.68%5.75%-277 bps
Net Interest Margin2.43%2.42%2.44%2.46%2.43%2.44%2.28%2.25%-21 bps
Efficiency Ratio72.05%71.33%72.26%71.62%72.03%76.85%78.13%77.20%+558 bps
Growth
Asset Growth (YoY)7.83%8.90%9.53%8.81%8.94%8.29%15.07%17.75%+894 bps
Loan Growth (YoY)8.94%8.31%4.67%3.15%5.73%6.40%9.37%10.76%+762 bps
Share Growth (YoY)8.29%9.08%10.09%9.65%9.94%9.41%17.19%20.26%+1,061 bps
Asset Quality
Delinquent Loans / Loans0.23%0.18%0.22%0.23%0.27%0.25%0.19%0.16%-8 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.33%0.33%0.32%0.31%0.31%0.34%0.37%0.36%+4 bps
Capital
Risk-Based Capital12.28%11.98%12.13%12.28%12.27%11.93%11.26%11.10%-118 bps
Net Worth / Assets12.28%11.98%12.13%12.28%12.27%11.93%11.26%11.10%-118 bps
Liquidity & Funding
Loans / Shares105.21%100.01%100.51%100.74%101.19%97.25%93.81%92.78%-796 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps