PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Memphis Municipal Employees

Memphis, TN · Charter 15433

NCUA · 2 branches

Q2 2026

$14.6MAssets
$5.0MLoans
$11.5MShares
$3.0MNet 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 -0.16%, up 81 bps year over year; NIM at 4.58%.
  • Asset quality: problem loans at 2.10% of loans (-61 bps YoY).
  • Capital: net worth / assets of 20.32%, up 37 bps from a year ago.
  • Funding: loans stand at 44.01% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-0.16%+81 bps YoY

Net Interest Margin (YTD, annualized)

4.58%+23 bps YoY

Efficiency Ratio (YTD, annualized)

94.28%-293 bps YoY

Net Worth / Assets

20.32%+37 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.97%-0.86%-0.69%-1.39%-0.16%+81 bps
Return on Equity-4.88%-4.24%-3.34%-7.03%-0.80%+409 bps
Net Interest Margin4.35%4.55%4.71%4.46%4.58%+23 bps
Efficiency Ratio97.22%98.67%98.81%107.22%94.28%-293 bps
Growth
Asset Growth (YoY)-3.09%-4.55%-3.27%-2.00%-3.35%-26 bps
Loan Growth (YoY)-4.86%-5.51%-1.93%-4.67%-7.20%-235 bps
Share Growth (YoY)-2.38%-4.71%-3.30%-1.12%-3.66%-128 bps
Asset Quality
Delinquent Loans / Loans2.71%2.53%2.54%2.36%2.10%-61 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 Capital19.95%20.37%20.68%19.75%20.32%+37 bps
Net Worth / Assets19.95%20.37%20.68%19.75%20.32%+37 bps
Liquidity & Funding
Loans / Shares45.69%46.77%48.79%43.60%44.01%-168 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps