PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Merck Employees

Rahway, NJ · Charter 1454

NCUA · 3 branches

Q2 2026

$1.7BAssets
$226.0MLoans
$1.2BShares
$260.4MNet 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 0.77%, up 77 bps year over year; NIM at 1.17%.
  • Asset quality: problem loans at 0.30% of loans (-26 bps YoY).
  • Capital: net worth / assets of 15.45%, up 177 bps from a year ago.
  • Funding: loans stand at 18.32% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.77%+77 bps YoY

Net Interest Margin (YTD, annualized)

1.17%+77 bps YoY

Efficiency Ratio (YTD, annualized)

39.80%-5,762 bps YoY

Net Worth / Assets

15.45%+177 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.00%0.09%0.18%0.65%0.77%+77 bps
Return on Equity0.00%0.65%1.28%4.32%4.98%+498 bps
Net Interest Margin0.40%0.49%0.56%1.02%1.17%+77 bps
Efficiency Ratio97.42%80.47%69.02%42.30%39.80%-5,762 bps
Growth
Asset Growth (YoY)-3.76%-2.93%-1.67%-8.26%-8.03%-427 bps
Loan Growth (YoY)-0.48%0.97%3.06%3.05%7.54%+802 bps
Share Growth (YoY)-6.77%-5.25%-4.01%-3.23%-2.57%+421 bps
Asset Quality
Delinquent Loans / Loans0.56%0.26%0.21%0.37%0.30%-26 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 Capital13.68%13.93%13.97%14.99%15.45%+177 bps
Net Worth / Assets13.68%13.93%13.97%14.99%15.45%+177 bps
Liquidity & Funding
Loans / Shares16.60%17.39%17.53%17.06%18.32%+172 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps