PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

North Shore

Silver Bay, MN · Charter 18473

NCUA · 8 branches

Q2 2026

$284.8MAssets
$226.7MLoans
$246.7MShares
$36.4MNet 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 0.59%, up 24 bps year over year; NIM at 3.94%.
  • Asset quality: problem loans at 0.33% of loans (+6 bps YoY).
  • Capital: net worth / assets of 12.77%, up 56 bps from a year ago.
  • Funding: loans stand at 91.87% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.59%+24 bps YoY

Net Interest Margin (YTD, annualized)

3.94%+41 bps YoY

Efficiency Ratio (YTD, annualized)

85.69%-482 bps YoY

Net Worth / Assets

12.77%+56 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.36%0.47%0.64%0.59%0.59%+24 bps
Return on Equity2.94%3.89%5.07%4.59%4.66%+172 bps
Net Interest Margin3.53%3.60%3.76%3.97%3.94%+41 bps
Efficiency Ratio90.52%88.49%84.69%86.42%85.69%-482 bps
Growth
Asset Growth (YoY)5.15%2.72%2.03%0.16%1.58%-358 bps
Loan Growth (YoY)9.74%14.08%15.27%10.31%7.70%-204 bps
Share Growth (YoY)5.37%2.23%1.27%-0.64%0.85%-452 bps
Asset Quality
Delinquent Loans / Loans0.26%0.41%0.33%0.63%0.33%+6 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 Capital12.21%12.12%12.58%12.77%12.77%+56 bps
Net Worth / Assets12.21%12.12%12.58%12.77%12.77%+56 bps
Liquidity & Funding
Loans / Shares86.03%87.73%89.67%88.89%91.87%+585 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps