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Lowell Municipal Employees

Lowell, MA · Charter 2065

NCUA · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=66). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

2

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

61

Q2 2024Q2 2026peer median (50)

Liquidity

61

Q2 2024Q2 2026peer median

Efficiency

29

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Lowell Municipal Employees

Lowell, MA · Charter 2065

NCUA · 1 branch

Q2 2026

$8.8MAssets
$4.6MLoans
$8.1MShares
$689KNet 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 0.49%, down 4 bps year over year; NIM at 3.64%.
  • Asset quality: problem loans at 0.00% of loans (-6 bps YoY).
  • Capital: net worth / assets of 7.86%, down 63 bps from a year ago.
  • Funding: loans stand at 57.17% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.49%-4 bps YoY

Net Interest Margin (YTD, annualized)

3.64%-61 bps YoY

Efficiency Ratio (YTD, annualized)

86.59%-116 bps YoY

Net Worth / Assets

7.86%-63 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.53%0.54%0.50%0.50%0.49%-4 bps
Return on Equity6.30%6.88%6.26%6.40%6.26%-4 bps
Net Interest Margin4.25%3.84%3.86%3.60%3.64%-61 bps
Efficiency Ratio87.75%86.36%87.40%86.15%86.59%-116 bps
Growth
Asset Growth (YoY)0.58%11.87%13.95%15.63%14.70%+1,412 bps
Loan Growth (YoY)2.24%-3.73%-8.41%-12.42%-15.32%-1,756 bps
Share Growth (YoY)-0.51%12.00%14.66%16.68%15.59%+1,610 bps
Asset Quality
Delinquent Loans / Loans0.06%0.06%0.00%0.00%0.00%-6 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.43%0.44%0.41%0.44%0.46%+3 bps
Capital
Risk-Based Capital8.48%7.79%7.94%7.79%7.86%-63 bps
Net Worth / Assets8.48%7.79%7.94%7.79%7.86%-63 bps
Liquidity & Funding
Loans / Shares78.04%67.66%66.23%59.66%57.17%-2,087 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Lowell Municipal Employees

Lowell, MA · Charter 2065 · Peer group: credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (n=66)

NCUA · 1 branch

Q2 2026

$8.8MAssets
$4.6MLoans
$8.1MShares
$689KNet Worth

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 10 of 66).
  • Widest gap: equity / assets trails 98% of credit unions under $1B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 65 of 66).
  • Overall: at or above the peer median on 3 of 7 directional measures.

Return on Assets

0.50%

Rank 41 of 66

Net Interest Margin

3.65%

Rank 20 of 66

Efficiency Ratio

86.34%

Rank 48 of 66

Equity / Assets

7.85%

Rank 65 of 66

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.50%0.38%0.59%1.00%Beats 38%41 / 66
Return on Equity6.39%2.62%4.89%6.39%Beats 74%17 / 66
Net Interest Margin3.65%2.83%3.27%3.84%Beats 70%20 / 66
Efficiency Ratio86.34%68.43%80.15%87.18%Beats 29%48 / 66
Asset Quality
Nonperforming Loans / Loans0.00%0.08%0.48%1.18%Beats 100%10 / 66
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio7.85%9.84%13.79%17.21%Beats 2%65 / 66
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets7.85%9.84%13.79%17.21%Beats 2%65 / 66
Liquidity & Funding
Loans / Deposits57.17%50.73%71.54%81.61%32nd pctl45 / 66
Loans / Assets52.50%40.53%57.05%68.92%41st pctl39 / 66
Brokered Deposits / Depositsn/aNot reported for this institution