PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Health Advantage

Saginaw, MI · Charter 20007

NCUA · 3 branches

Q2 2026

$179.3MAssets
$113.2MLoans
$155.5MShares
$24.0MNet Worth

Executive Summary

  • Earnings: ROA of 0.91%, up 9 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 0.33% of loans (-16 bps YoY).
  • Capital: net worth / assets of 13.41%, up 29 bps from a year ago.
  • Funding: loans stand at 72.75% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

0.91%+9 bps YoY

Net Interest Margin (YTD, annualized)

3.60%+9 bps YoY

Efficiency Ratio (YTD, annualized)

75.24%-135 bps YoY

Net Worth / Assets

13.41%+29 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.47%0.61%0.47%0.82%0.77%0.80%0.80%0.91%+9 bps
Return on Equity3.67%4.68%3.69%6.25%5.85%6.06%6.11%6.78%+53 bps
Net Interest Margin3.25%3.27%3.41%3.51%3.51%3.49%3.51%3.60%+9 bps
Efficiency Ratio86.70%83.38%81.02%76.59%80.03%77.61%79.47%75.24%-135 bps
Growth
Asset Growth (YoY)-1.94%-1.58%-0.82%-0.30%2.82%3.78%2.34%3.75%+405 bps
Loan Growth (YoY)7.34%3.36%4.15%1.06%-0.47%1.49%1.06%5.06%+400 bps
Share Growth (YoY)-3.62%-2.18%-1.65%-0.59%1.99%2.69%1.41%3.14%+373 bps
Asset Quality
Delinquent Loans / Loans1.40%0.48%0.71%0.49%0.64%0.41%0.37%0.33%-16 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 Capital12.86%12.94%12.64%13.12%13.11%13.19%13.15%13.41%+29 bps
Net Worth / Assets12.86%12.94%12.64%13.12%13.11%13.19%13.15%13.41%+29 bps
Liquidity & Funding
Loans / Shares72.45%71.66%70.38%71.42%70.70%70.83%70.14%72.75%+132 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps