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Akron Firefighters'

Akron, OH · Charter 96656

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 2026-10-10

Akron Firefighters'

Akron, OH · Charter 96656

NCUA · 1 branch

Q3 2023

$31.6MAssets
$21.2MLoans
$30.2MShares
$2.3MNet 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 0.64%, up 48 bps year over year; NIM at 3.93%.
  • Asset quality: problem loans at 0.02% of loans (-17 bps YoY).
  • Capital: net worth / assets of 7.22%, up 158 bps from a year ago.
  • Funding: loans stand at 70.25% of shares as of Q3 2023.

Financial Results

Return on Assets (YTD, annualized)

0.64%+48 bps YoY

Net Interest Margin (YTD, annualized)

3.93%+140 bps YoY

Efficiency Ratio (YTD, annualized)

86.95%-842 bps YoY

Net Worth / Assets

7.22%+158 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2022Q4 2022Q1 2023Q2 2023Q3 2023YoY ΔTrend
Earnings
Return on Assets0.16%0.35%0.78%1.07%0.64%+48 bps
Return on Equity2.80%5.96%12.54%15.74%8.86%+606 bps
Net Interest Margin2.53%2.69%3.41%3.69%3.93%+140 bps
Efficiency Ratio95.37%89.93%82.05%76.62%86.95%-842 bps
Growth
Asset Growth (YoY)-1.86%-0.45%-5.84%-9.76%-12.54%-1,068 bps
Loan Growth (YoY)9.65%18.09%19.78%19.01%16.12%+647 bps
Share Growth (YoY)-2.23%-1.13%-6.80%-11.20%-11.06%-882 bps
Asset Quality
Delinquent Loans / Loans0.19%0.46%0.34%0.10%0.02%-17 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.52%0.50%0.00%0.00%0.00%-52 bps
Capital
Risk-Based Capital5.64%5.84%6.18%6.79%7.22%+158 bps
Net Worth / Assets5.64%5.84%6.18%6.79%7.22%+158 bps
Liquidity & Funding
Loans / Shares53.81%56.73%59.13%63.76%70.25%+1,644 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps