NORSTATE

Charter #4261 | ME

100M-500M (1077 CUs) Micro
33 100M-500M in ME

NORSTATE has 2 strengths but faces 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 13.9% in tier
  • + Wallet Share Momentum: Top 15.5% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Drag: Bottom 1.0% in tier
  • - Credit Quality Pressure: Bottom 15.2% in tier
  • - Growth-at-Risk: Bottom 20.3% in tier
  • - Membership Headwinds: Bottom 31.4% in tier
  • - Stagnation Risk: Bottom 32.3% in tier
  • - ROA 1.04% below tier average
  • - Efficiency ratio 26.02% above tier (higher cost structure)
  • - Delinquency rate 1.19% above tier average
  • - Members Per Employee (MPE): Bottom 1.4% in tier
  • - Total Delinquency Rate (60+ days): Bottom 6.1% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (ME) National Avg Tier Percentile
Members 14,200
-0.7% YoY-0.3% QoQ
 -1.4K 15,628
-3.4% YoY
 15,972
+1.7% YoY
 33,089
+6.1% YoY
 53rd in tier
Assets $274.7M
+4.7% YoY-1.2% QoQ
 +$43.4M $231.3M
-0.0% YoY
 $270.6M
+5.7% YoY
 $547.7M
+7.8% YoY
 69th in tier
Loans $191.3M
+3.6% YoY+1.8% QoQ
 +$43.5M $147.8M
-1.4% YoY
 $188.4M
+4.5% YoY
 $388.7M
+8.6% YoY
 73rd in tier
Deposits $239.9M
+5.8% YoY-1.8% QoQ
 +$39.6M $200.3M
-0.0% YoY
 $236.4M
+5.3% YoY
 $464.6M
+9.3% YoY
 69th in tier
ROA -0.3%
-45.1% YoY-14.4% QoQ
 -1.0% 0.8%
+15.5% YoY
 0.9%
+6.3% YoY
 0.7%
+273.4% YoY
 Bottom 3.2% in tier
NIM 3.3%
+5.4% YoY+3.0% QoQ
 -0.2% 3.6%
+6.9% YoY
 3.6%
+6.2% YoY
 3.7%
+5.0% YoY
 35th in tier
Efficiency Ratio 103.3%
+1.2% YoY-2.1% QoQ
 +26.0% 77.3%
-3.0% YoY
 76.0%
-2.1% YoY
 79.1%
-3.3% YoY
 Top 1.7% in tier
Delinquency Rate 2.0%
+10.0% YoY-3.1% QoQ
 +1.2 0.9%
+7.6% YoY
 0.8%
+28.5% YoY
 1.2%
-0.9% YoY
 Top 6.1% in tier
Loan To Share 79.7%
-2.1% YoY+3.7% QoQ
 +7.0% 72.7%
-1.5% YoY
 75.4%
-1.4% YoY
 68.0%
-1.7% YoY
 62nd in tier
AMR $30,367
+5.5% YoY+0.0% QoQ
 +$6K $24,363
+2.9% YoY
 $25,292
+3.8% YoY
 $19,418
+1.3% YoY
 Top 15.8% in tier
CD Concentration 34.3%
+2.1% YoY-1.0% QoQ
 +9.9% 24.4%
+4.2% YoY
 25.0%
+4.9% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 7.3%
+19.2% QoQ
 -6.7% 14.0%
-5.8% YoY
 15.8%
+6.7% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (2)

Relationship Depth Leader

growth
#384 of 1006 • Top 13.9% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 5.51%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.7K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#428 of 1006 • Top 15.5% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 5.51%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Concerns (5)

Efficiency Drag

risk
#19 of 521 • Bottom 1.0% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 103.30%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.21% points
(Tier: 0.11% points, National: 0.05% points)
but better than tier avg
Member Growth (YoY): -0.70%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 1077 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank improving

Credit Quality Pressure

risk
#378 of 736 • Bottom 15.2% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.19% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 1077 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY | Rank worsening

Growth-at-Risk

risk
#305 of 446 • Bottom 20.3% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 3.57%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
Delinquency Change (YoY): 0.19% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
446 of 1077 Community CUs have this signature | 646 nationally
↓ Shrinking -77 CUs YoY | Rank improving

Membership Headwinds

decline
#518 of 550 • Bottom 31.4% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -0.70%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank worsening

Stagnation Risk

risk
#532 of 550 • Bottom 32.3% in tier

Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.

Why This Signature
Return on Assets: -0.26%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -0.70%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $30.4K
(Tier: $25.0K, National: $19.4K)
but better than tier avg
CD Concentration: 34.30%
(Tier: 24.41%, National: 19.60%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank worsening

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 1077 peers in tier

Top Strengths (2 metrics)

166
Loan-to-Member Ratio (LMR)
engagement
Value: $13,471
Peer Avg: $10,245
#166 of 1077 Top 15.3% in 100M-500M tier
170
Average Member Relationship (AMR)
engagement
Value: $30,367
Peer Avg: $24,363
#170 of 1077 Top 15.7% in 100M-500M tier

Top Weaknesses (6 metrics)

1063
Members Per Employee (MPE)
engagement
Value: 175.309
Peer Avg: 332.881
#1063 of 1077 Bottom 1.4% in 100M-500M tier
1060
Efficiency Ratio
profitability
Value: 103.30%
Peer Avg: 77.28%
#1060 of 1077 Bottom 1.7% in 100M-500M tier
1043
Return on Assets (ROA)
profitability
Value: -0.26%
Peer Avg: 0.79%
#1043 of 1077 Bottom 3.2% in 100M-500M tier
1012
Total Delinquency Rate (60+ days)
risk
Value: 2.04%
Peer Avg: 0.86%
#1012 of 1077 Bottom 6.1% in 100M-500M tier
919
First Mortgage Concentration (%)
balance_sheet
Value: 48.80%
Peer Avg: 30.43%
#919 of 1077 Bottom 14.8% in 100M-500M tier
898
Share Certificate Concentration (%)
balance_sheet
Value: 34.30%
Peer Avg: 23.61%
#898 of 1077 Bottom 16.7% in 100M-500M tier