PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

The Andovers

Andover, MA · Charter 16067

NCUA · 2 branches

Q2 2026

$36.9MAssets
$7.5MLoans
$32.0MShares
$4.9MNet 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 1.00%, up 43 bps year over year; NIM at 2.69%.
  • Asset quality: problem loans at 0.67% of loans (-149 bps YoY).
  • Capital: net worth / assets of 13.21%, up 86 bps from a year ago.
  • Funding: loans stand at 23.54% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.00%+43 bps YoY

Net Interest Margin (YTD, annualized)

2.69%+32 bps YoY

Efficiency Ratio (YTD, annualized)

66.72%-1,442 bps YoY

Net Worth / Assets

13.21%+86 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.56%0.62%0.75%0.80%1.00%+43 bps
Return on Equity4.57%4.96%5.83%6.12%7.54%+297 bps
Net Interest Margin2.37%2.41%2.54%2.56%2.69%+32 bps
Efficiency Ratio81.14%77.02%71.87%74.16%66.72%-1,442 bps
Growth
Asset Growth (YoY)-2.03%0.45%0.89%-0.15%0.81%+284 bps
Loan Growth (YoY)-5.64%-3.33%-7.96%-9.52%-13.22%-758 bps
Share Growth (YoY)-2.82%-0.10%0.16%-1.13%-0.18%+264 bps
Asset Quality
Delinquent Loans / Loans2.16%2.10%0.98%1.16%0.67%-149 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 Capital12.35%12.54%12.94%13.06%13.21%+86 bps
Net Worth / Assets12.35%12.54%12.94%13.06%13.21%+86 bps
Liquidity & Funding
Loans / Shares27.08%27.06%26.04%24.97%23.54%-354 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps