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Ocean Financial

Oceanside, NY · Charter 19269

NCUA · 4 branches

Q2 2026

$403.3MAssets
$290.6MLoans
$377.7MShares
$33.0MNet Worth

Executive Summary

  • Earnings: ROA of 0.12%, up 7 bps year over year; NIM at 2.45%.
  • Asset quality: problem loans at 2.21% of loans (+82 bps YoY).
  • Capital: net worth / assets of 8.17%, down 31 bps from a year ago.
  • Funding: loans stand at 76.93% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

0.12%+7 bps YoY

Net Interest Margin (YTD, annualized)

2.45%+13 bps YoY

Efficiency Ratio (YTD, annualized)

90.78%-133 bps YoY

Net Worth / Assets

8.17%-31 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.21%-0.25%-0.04%0.05%0.09%0.10%0.22%0.12%+7 bps
Return on Equity-2.34%-2.87%-0.47%0.58%1.08%1.29%2.66%1.43%+85 bps
Net Interest Margin2.03%2.09%2.24%2.32%2.32%2.30%2.44%2.45%+13 bps
Efficiency Ratio104.39%103.30%95.35%92.11%90.81%90.29%87.98%90.78%-133 bps
Growth
Asset Growth (YoY)4.95%2.81%6.58%5.72%6.33%10.44%5.29%5.20%-52 bps
Loan Growth (YoY)-0.49%6.35%8.27%9.66%17.01%12.41%12.38%9.20%-46 bps
Share Growth (YoY)4.66%3.83%6.22%5.35%3.36%5.92%4.46%4.58%-77 bps
Asset Quality
Delinquent Loans / Loans1.69%1.61%1.45%1.38%1.50%1.47%1.24%2.21%+82 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital8.80%8.79%8.50%8.49%8.22%8.03%8.21%8.17%-31 bps
Net Worth / Assets8.80%8.79%8.50%8.49%8.22%8.03%8.21%8.17%-31 bps
Liquidity & Funding
Loans / Shares67.13%72.53%72.43%73.68%75.99%76.97%77.92%76.93%+326 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps