Brewer Federal Credit Union (13682), a $110.9M credit union headquartered in Brewer, ME, led by CEO Defroscia, Jr, reported $73.7M in outstanding loans at the end of 2025 Q3, a decrease of $198K (-0.3%) compared to the same quarter last year.
The credit union's 74.4% loan-to-share ratio represents a balanced approach to asset-liability management. With 6,551 loans outstanding to 8,485 members, the average loan balance stands at $11K.
Net effect: deposit stability suggests mature market positioning.
Portfolio Composition
Brewer Federal Credit Union's loan portfolio is dominated by Indirect Loans, comprising 49.9% of total loans. This diversified approach balances risk across multiple loan categories.
Loan Portfolio Breakdown
| Loan Type | Balance | % of Portfolio |
|---|---|---|
| Indirect Loans | $36.8M | 49.9% |
| Used Vehicles | $29.1M | 39.5% |
| New Vehicles | $11.5M | 15.6% |
| Business Loans | $3.4M | 4.6% |
| Other Unsecured | $2.5M | 3.4% |
| Credit Cards | $803K | 1.1% |
Source: NCUA 5300 Call Reports (2025_Q3)
Quarterly Loan Trends
Loan portfolio contraction may reflect paydowns outpacing originations, tightened underwriting, or competitive pressure from fintech and bank lenders.
Quarterly Trend
| Period | Total Loans | QoQ Change | Loan/Share |
|---|---|---|---|
| 2024 Q2 | $73.6M | 76.6% | |
| 2024 Q3 | $73.9M | +0.3% | 76.1% |
| 2024 Q4 | $71.6M | -3.0% | 73.8% |
| 2025 Q1 | $72.4M | +1.1% | 73.4% |
| 2025 Q2 | $73.0M | +0.9% | 74.1% |
| 2025 Q3 | $73.7M | +0.9% | 74.4% |
Source: NCUA 5300 Call Reports
Credit Quality & Risk
Brewer Federal Credit Union reports $542K in loans delinquent 60+ days, representing a 0.74% delinquency rate. This moderate delinquency rate is consistent with industry norms.
Year-to-date net charge-offs of $136K represent a 0.18% annualized loss rate. This low charge-off rate indicates strong credit performance.
Historical Context: Since the 2008 Crisis
Brewer Federal Credit Union's loan portfolio has grown 133% since Q3 2008, when the financial crisis was at its peak. At that time, the credit union held $31.6M in loans with a 2.34% delinquency rate.
Today's delinquency rate of 0.74% remains below crisis-era levels, demonstrating improved credit quality and risk management.
Peer Comparison
Among 968 credit unions in its $55.4M–$166.3M asset peer group, Brewer Federal Credit Union ranks in the 45th percentile for loan growth.
Outlook
Brewer Federal Credit Union's loan portfolio trajectory will depend on economic conditions, interest rate movements, and the credit union's ability to compete with banks and fintech lenders for consumer and auto loans.
Brewer Federal Credit Union's Q4 2025 results, expected in early 2026, will provide further insight into whether the credit union can reverse the contraction trend.
Track This Credit Union
Monitor Brewer Federal Credit Union's quarterly loan performance, credit quality metrics, and portfolio composition with Finleet Terminal.
Data Sources: NCUA 5300 Call Reports (2025_Q3), NCUA Historical Data (2007-present), Finleet Proprietary Analysis
Methodology: Year-over-year growth calculated comparing 2025_Q3 to same quarter prior year. Peer groups defined as credit unions within 50% asset range. Delinquency rate calculated as loans 60+ days past due divided by total loans. Crisis comparison uses Q3 2008 as baseline.