PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Seaport

Elizabeth, NJ · Charter 19185

NCUA · 3 branches

Q2 2026

$109.6MAssets
$51.2MLoans
$94.8MShares
$14.4MNet 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 0.14%, down 36 bps year over year; NIM at 3.35%.
  • Asset quality: problem loans at 0.50% of loans (-24 bps YoY).
  • Capital: net worth / assets of 13.12%, down 47 bps from a year ago.
  • Funding: loans stand at 53.99% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.14%-36 bps YoY

Net Interest Margin (quarter, annualized)

3.35%+17 bps YoY

Efficiency Ratio (quarter, annualized)

95.37%+904 bps YoY

Net Worth / Assets

13.12%-47 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.49%0.51%0.43%0.02%0.14%-36 bps
Return on Equity3.61%3.63%3.16%0.18%1.03%-258 bps
Net Interest Margin3.18%3.31%3.19%3.30%3.35%+17 bps
Efficiency Ratio86.33%86.48%87.45%97.75%95.37%+904 bps
Growth
Asset Growth (YoY)10.82%6.83%9.00%8.06%5.53%-529 bps
Loan Growth (YoY)-6.39%-1.03%4.13%13.22%16.48%+2,287 bps
Share Growth (YoY)12.70%8.43%10.90%9.82%6.93%-577 bps
Asset Quality
Delinquent Loans / Loans0.74%0.88%0.36%0.75%0.50%-24 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 Capital13.59%13.98%13.49%13.21%13.12%-47 bps
Net Worth / Assets13.59%13.98%13.49%13.21%13.12%-47 bps
Liquidity & Funding
Loans / Shares49.57%52.55%51.79%51.73%53.99%+443 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps