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New Boston

Dorchester, MA · Charter 7915

Q3 2004

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 2004, the quarter ended September 30, 2004, 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

New Boston

Dorchester, MA · Charter 7915

Q3 2004

$1.8MAssets
$1.1MLoans
$1.4MShares
$177KNet 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 0.47%, up 376 bps year over year; NIM at 7.22%.
  • Asset quality: problem loans at 20.63% of loans (+361 bps YoY).
  • Capital: net worth / assets of 9.84%, down 334 bps from a year ago.
  • Funding: loans stand at 78.42% of shares as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

0.47%+376 bps YoY

Net Interest Margin (YTD, annualized)

7.22%-77 bps YoY

Efficiency Ratio (YTD, annualized)

93.57%+1,242 bps YoY

Net Worth / Assets

9.84%-334 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets-3.29%-7.69%1.93%1.05%0.47%+376 bps
Return on Equity-24.95%-81.49%20.12%10.80%4.80%+2,975 bps
Net Interest Margin7.99%8.33%8.57%7.38%7.22%-77 bps
Efficiency Ratio81.15%84.59%77.72%85.98%93.57%+1,242 bps
Growth
Asset Growth (YoY)-14.63%-13.94%-14.88%-13.30%-9.10%+553 bps
Loan Growth (YoY)-17.13%-26.51%-28.07%-26.09%-20.73%-360 bps
Share Growth (YoY)-15.32%-9.17%-10.03%-8.01%-4.54%+1,078 bps
Asset Quality
Delinquent Loans / Loans17.02%13.45%17.02%22.70%20.63%+361 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.14%3.82%4.93%5.37%5.73%+259 bps
Capital
Risk-Based Capital13.18%9.44%9.59%9.73%9.84%-334 bps
Net Worth / Assets13.18%9.44%9.59%9.73%9.84%-334 bps
Liquidity & Funding
Loans / Shares94.43%94.39%84.83%78.52%78.42%-1,602 bps
Liquid Assets / Assets28.42%26.33%33.54%37.77%39.11%+1,069 bps