PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Danvers Municipal

Danvers, MA · Charter 14191

NCUA · 1 branch

Q2 2026

$8.2MAssets
$4.0MLoans
$5.0MShares
$3.2MNet 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 1.21%, down 73 bps year over year; NIM at 3.83%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 38.99%, up 134 bps from a year ago.
  • Funding: loans stand at 79.78% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.21%-73 bps YoY

Net Interest Margin (YTD, annualized)

3.83%-6 bps YoY

Efficiency Ratio (YTD, annualized)

68.49%+1,828 bps YoY

Net Worth / Assets

38.99%+134 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.94%1.97%1.84%1.55%1.21%-73 bps
Return on Equity5.15%5.06%4.73%3.97%3.10%-204 bps
Net Interest Margin3.89%3.99%3.94%3.83%3.83%-6 bps
Efficiency Ratio50.21%50.67%53.25%59.65%68.49%+1,828 bps
Growth
Asset Growth (YoY)1.44%0.88%3.31%2.30%0.30%-115 bps
Loan Growth (YoY)-14.92%-16.15%-9.21%-6.76%-7.35%+758 bps
Share Growth (YoY)-0.89%-2.04%1.83%0.40%-2.25%-135 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.34%0.36%0.36%0.36%0.37%+3 bps
Capital
Risk-Based Capital37.65%38.88%38.98%38.91%38.99%+134 bps
Net Worth / Assets37.65%38.88%38.98%38.91%38.99%+134 bps
Liquidity & Funding
Loans / Shares84.17%84.61%84.21%82.58%79.78%-439 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps