PackageTrendsPeer
Letter portraitLegal landscape

Direct

Needham, MA · Charter 9071

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

35

Q2 2024Q2 2026peer median (50)

Asset Quality

59

Q2 2024Q2 2026peer median (50)

Profitability

10

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

21

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

Direct

Needham, MA · Charter 9071

NCUA · 2 branches

Q2 2026

$794.7MAssets
$709.6MLoans
$622.0MShares
$90.3MNet Worth

Executive Summary

  • Earnings: ROA of 0.18%, up 55 bps year over year; NIM at 2.26%.
  • Asset quality: problem loans at 0.36% of loans (-13 bps YoY).
  • Capital: net worth / assets of 11.36%, down 11 bps from a year ago.
  • Funding: loans stand at 114.07% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

0.18%+55 bps YoY

Net Interest Margin (YTD, annualized)

2.26%+41 bps YoY

Efficiency Ratio (YTD, annualized)

88.75%-2,882 bps YoY

Net Worth / Assets

11.36%-11 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.28%-0.42%-0.41%-0.36%-0.24%-0.25%-0.10%0.18%+55 bps
Return on Equity-2.39%-3.70%-3.61%-3.15%-2.07%-2.22%-0.85%1.62%+478 bps
Net Interest Margin1.86%1.82%1.77%1.86%1.95%1.99%2.20%2.26%+41 bps
Efficiency Ratio107.82%109.83%120.88%117.57%110.99%109.07%98.24%88.75%-2,882 bps
Growth
Asset Growth (YoY)-1.94%-3.65%-4.02%-4.33%-1.94%-2.42%-2.05%0.77%+510 bps
Loan Growth (YoY)-3.00%-4.19%-3.48%-3.39%-1.30%0.42%0.56%2.62%+601 bps
Share Growth (YoY)-6.35%-2.00%-1.58%1.67%5.27%2.11%0.81%0.89%-78 bps
Asset Quality
Delinquent Loans / Loans0.73%0.54%0.56%0.49%0.36%0.53%0.40%0.36%-13 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital11.76%11.41%11.30%11.47%11.54%11.40%11.32%11.36%-11 bps
Net Worth / Assets11.76%11.41%11.30%11.47%11.54%11.40%11.32%11.36%-11 bps
Liquidity & Funding
Loans / Shares121.19%115.77%112.91%112.15%113.62%113.85%112.62%114.07%+193 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

Direct

Needham, MA · Charter 9071 · Peer group: credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=66)

NCUA · 2 branches

Q2 2026

$794.7MAssets
$709.6MLoans
$622.0MShares
$90.3MNet Worth

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 59% of credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 28 of 66).
  • Widest gap: net interest margin trails 94% of credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 62 of 66).
  • Overall: at or above the peer median on 1 of 7 directional measures.

Return on Assets

0.18%

Rank 58 of 66

Net Interest Margin

2.26%

Rank 62 of 66

Efficiency Ratio

88.74%

Rank 53 of 66

Equity / Assets

11.36%

Rank 43 of 66

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.18%0.38%0.59%1.00%Beats 12%58 / 66
Return on Equity1.63%2.62%4.89%6.39%Beats 11%59 / 66
Net Interest Margin2.26%2.83%3.27%3.84%Beats 6%62 / 66
Efficiency Ratio88.74%68.43%80.15%87.18%Beats 21%53 / 66
Asset Quality
Nonperforming Loans / Loans0.36%0.08%0.48%1.18%Beats 59%28 / 66
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio11.36%9.84%13.79%17.21%Beats 35%43 / 66
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets11.36%9.84%13.79%17.21%Beats 35%43 / 66
Liquidity & Funding
Loans / Deposits114.07%50.73%71.54%81.61%97th pctl2 / 66
Loans / Assets89.28%40.53%57.05%68.92%98th pctl1 / 66
Brokered Deposits / Depositsn/aNot reported for this institution