PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Merho

Johnstown, PA · Charter 20921

NCUA · 2 branches

Q2 2026

$60.8MAssets
$15.6MLoans
$54.5MShares
$6.9MNet 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 1.21%, up 84 bps year over year; NIM at 2.84%.
  • Asset quality: problem loans at 1.02% of loans (+69 bps YoY).
  • Capital: net worth / assets of 11.34%, up 95 bps from a year ago.
  • Funding: loans stand at 28.52% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.21%+84 bps YoY

Net Interest Margin (YTD, annualized)

2.84%+80 bps YoY

Efficiency Ratio (YTD, annualized)

63.22%-2,065 bps YoY

Net Worth / Assets

11.34%+95 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.37%0.56%0.69%1.28%1.21%+84 bps
Return on Equity3.59%5.22%6.27%11.64%10.68%+709 bps
Net Interest Margin2.04%2.23%2.36%2.72%2.84%+80 bps
Efficiency Ratio83.87%79.35%76.87%62.28%63.22%-2,065 bps
Growth
Asset Growth (YoY)7.15%3.65%2.05%1.93%1.03%-612 bps
Loan Growth (YoY)-7.78%-7.22%-8.81%-8.13%-8.78%-100 bps
Share Growth (YoY)6.38%2.54%0.48%0.52%-0.08%-646 bps
Asset Quality
Delinquent Loans / Loans0.33%0.23%0.47%0.28%1.02%+69 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 Capital10.38%10.82%11.00%11.01%11.34%+95 bps
Net Worth / Assets10.38%10.82%11.00%11.01%11.34%+95 bps
Liquidity & Funding
Loans / Shares31.24%32.45%30.78%28.61%28.52%-272 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps