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Port Washington Teachers

Port Washington, NY · Charter 6958

NCUA · 1 branch

Q3 2023

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 2023, the quarter ended September 30, 2023, 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

Port Washington Teachers

Port Washington, NY · Charter 6958

NCUA · 1 branch

Q3 2023

$9.6MAssets
$3.4MLoans
$5.9MShares
$3.5MNet 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 -0.27%, up 26 bps year over year; NIM at 2.46%.
  • Asset quality: problem loans at 1.03% of loans (+56 bps YoY).
  • Capital: net worth / assets of 36.95%, up 189 bps from a year ago.
  • Funding: loans stand at 57.12% of shares as of Q3 2023.

Financial Results

Return on Assets (YTD, annualized)

-0.27%+26 bps YoY

Net Interest Margin (YTD, annualized)

2.46%+76 bps YoY

Efficiency Ratio (YTD, annualized)

110.83%-1,796 bps YoY

Net Worth / Assets

36.95%+189 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023YoY ΔTrend
Earnings
Return on Assets-0.53%-0.52%-0.56%-0.37%-0.27%+26 bps
Return on Equity-1.52%-1.47%-1.62%-1.05%-0.73%+79 bps
Net Interest Margin1.70%1.85%2.20%2.27%2.46%+76 bps
Efficiency Ratio128.79%126.43%125.14%116.14%110.83%-1,796 bps
Growth
Asset Growth (YoY)-2.68%-1.79%-2.12%-3.99%-5.94%-327 bps
Loan Growth (YoY)12.52%45.70%68.07%51.03%40.00%+2,748 bps
Share Growth (YoY)-3.32%-2.19%-2.75%-5.65%-8.96%-564 bps
Asset Quality
Delinquent Loans / Loans0.47%0.09%0.06%0.04%1.03%+56 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.42%0.38%0.34%0.28%0.27%-15 bps
Capital
Risk-Based Capital35.06%35.37%34.60%35.16%36.95%+189 bps
Net Worth / Assets35.06%35.37%34.60%35.16%36.95%+189 bps
Liquidity & Funding
Loans / Shares37.14%43.60%48.51%50.66%57.12%+1,998 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps