PackageTrendsPeer
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Veritas

Smyrna, TN · Charter 21354

NCUA · 2 branches

Q2 2026

$57.1MAssets
$43.9MLoans
$52.2MShares
$4.6MNet 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 0.48%, up 21 bps year over year; NIM at 5.18%.
  • Asset quality: problem loans at 0.60% of loans (-1 bps YoY).
  • Capital: net worth / assets of 7.99%, up 35 bps from a year ago.
  • Funding: loans stand at 84.02% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.48%+21 bps YoY

Net Interest Margin (quarter, annualized)

5.18%+8 bps YoY

Efficiency Ratio (quarter, annualized)

76.76%-770 bps YoY

Net Worth / Assets

7.99%+35 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.27%0.32%0.32%0.35%0.48%+21 bps
Return on Equity3.49%4.07%4.16%4.56%5.94%+245 bps
Net Interest Margin5.11%5.32%5.24%5.01%5.18%+8 bps
Efficiency Ratio84.45%83.60%83.33%80.01%76.76%-770 bps
Growth
Asset Growth (YoY)6.44%6.54%8.47%6.26%0.97%-547 bps
Loan Growth (YoY)3.48%3.40%1.32%3.13%3.53%+5 bps
Share Growth (YoY)7.71%7.32%8.76%7.28%0.57%-714 bps
Asset Quality
Delinquent Loans / Loans0.61%1.01%0.61%0.62%0.60%-1 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 Capital7.64%7.86%7.80%7.64%7.99%+35 bps
Net Worth / Assets7.64%7.86%7.80%7.64%7.99%+35 bps
Liquidity & Funding
Loans / Shares81.61%84.47%83.05%81.37%84.02%+240 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps