PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Salem VA Medical Center

Salem, VA · Charter 1127

NCUA · 3 branches

Q2 2026

$93.5MAssets
$59.3MLoans
$77.8MShares
$12.2MNet 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 0.71%, down 24 bps year over year; NIM at 3.94%.
  • Asset quality: problem loans at 0.16% of loans (-18 bps YoY).
  • Capital: net worth / assets of 13.02%, up 92 bps from a year ago.
  • Funding: loans stand at 76.24% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.71%-24 bps YoY

Net Interest Margin (quarter, annualized)

3.94%-9 bps YoY

Efficiency Ratio (quarter, annualized)

85.27%+422 bps YoY

Net Worth / Assets

13.02%+92 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.95%0.97%0.91%0.67%0.71%-24 bps
Return on Equity7.88%7.78%7.28%5.37%5.48%-240 bps
Net Interest Margin4.03%4.12%4.07%3.81%3.94%-9 bps
Efficiency Ratio81.05%81.05%81.97%85.44%85.27%+422 bps
Growth
Asset Growth (YoY)2.48%2.12%2.38%0.49%-0.98%-346 bps
Loan Growth (YoY)-11.08%-11.16%-6.98%-0.75%5.67%+1,675 bps
Share Growth (YoY)1.82%1.72%2.03%-1.04%-3.56%-538 bps
Asset Quality
Delinquent Loans / Loans0.34%0.22%0.09%0.26%0.16%-18 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital12.10%12.53%12.56%12.55%13.02%+92 bps
Net Worth / Assets12.10%12.53%12.56%12.55%13.02%+92 bps
Liquidity & Funding
Loans / Shares69.58%69.04%67.89%70.10%76.24%+666 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps