PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Ironworkers USA

Portland, OR · Charter 13649

NCUA · 4 branches

Q2 2026

$155.9MAssets
$126.0MLoans
$137.8MShares
$17.3MNet 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 1.02%, down 36 bps year over year; NIM at 5.01%.
  • Asset quality: problem loans at 2.97% of loans (+14 bps YoY).
  • Capital: net worth / assets of 11.10%, down 59 bps from a year ago.
  • Funding: loans stand at 91.47% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.02%-36 bps YoY

Net Interest Margin (YTD, annualized)

5.01%+10 bps YoY

Efficiency Ratio (YTD, annualized)

65.59%-343 bps YoY

Net Worth / Assets

11.10%-59 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.38%1.18%1.21%1.10%1.02%-36 bps
Return on Equity11.76%10.40%10.48%9.54%9.19%-258 bps
Net Interest Margin4.91%4.82%4.86%5.12%5.01%+10 bps
Efficiency Ratio69.02%69.49%67.49%66.34%65.59%-343 bps
Growth
Asset Growth (YoY)12.13%16.59%13.71%12.45%16.06%+393 bps
Loan Growth (YoY)7.16%18.19%16.16%12.94%13.21%+605 bps
Share Growth (YoY)11.67%16.88%14.13%13.41%17.17%+550 bps
Asset Quality
Delinquent Loans / Loans2.82%3.42%2.93%2.95%2.97%+14 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 Capital11.70%11.36%11.51%11.50%11.10%-59 bps
Net Worth / Assets11.70%11.36%11.51%11.50%11.10%-59 bps
Liquidity & Funding
Loans / Shares94.68%92.31%92.45%92.68%91.47%-320 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps