PackageTrendsPeer
Letter portraitLegal landscape

Ulster

Kingston, NY · Charter 21694

NCUA · 3 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, credit unions under $1B in assets3

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 (n=1,681 to 1,683). 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

24

Q2 2024Q2 2026peer median (50)

Asset Quality

43

Q2 2024Q2 2026peer median (50)

Profitability

34

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

34

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

Ulster

Kingston, NY · Charter 21694

NCUA · 3 branches

Q2 2026

$179.0MAssets
$43.2MLoans
$167.7MShares
$18.5MNet 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 0.62%, down 41 bps year over year; NIM at 2.89%.
  • Asset quality: problem loans at 0.81% of loans (+13 bps YoY).
  • Capital: net worth / assets of 10.33%, down 36 bps from a year ago.
  • Funding: loans stand at 25.73% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.62%-41 bps YoY

Net Interest Margin (YTD, annualized)

2.89%-29 bps YoY

Efficiency Ratio (YTD, annualized)

83.51%+284 bps YoY

Net Worth / Assets

10.33%-36 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.03%0.84%0.67%0.62%0.62%-41 bps
Return on Equity9.65%7.82%6.40%6.02%6.00%-365 bps
Net Interest Margin3.18%3.14%3.01%2.86%2.89%-29 bps
Efficiency Ratio80.67%81.48%82.41%85.19%83.51%+284 bps
Growth
Asset Growth (YoY)3.70%6.56%8.84%8.49%8.50%+480 bps
Loan Growth (YoY)-4.32%-2.95%-3.07%-1.27%1.97%+629 bps
Share Growth (YoY)2.08%5.85%6.66%7.95%7.94%+587 bps
Asset Quality
Delinquent Loans / Loans0.68%0.67%0.66%0.58%0.81%+13 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 Capital10.69%10.69%10.40%10.30%10.33%-36 bps
Net Worth / Assets10.69%10.69%10.40%10.30%10.33%-36 bps
Liquidity & Funding
Loans / Shares27.24%27.46%26.22%25.14%25.73%-151 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

Ulster

Kingston, NY · Charter 21694 · Peer group: credit unions under $1B in assets (n=1,681-1,683)

NCUA · 3 branches

Q2 2026

$179.0MAssets
$43.2MLoans
$167.7MShares
$18.5MNet Worth

Executive Summary

  • Strongest standing: return on equity outperforms 51% of credit unions under $1B in assets (rank 820 of 1681).
  • Widest gap: net interest margin trails 90% of credit unions under $1B in assets (rank 1508 of 1683).
  • Overall: at or above the peer median on 1 of 7 directional measures.

Return on Assets

0.62%

Rank 988 of 1,683

Net Interest Margin

2.89%

Rank 1,508 of 1,683

Efficiency Ratio

83.46%

Rank 1,114 of 1,682

Equity / Assets

10.33%

Rank 1,280 of 1,683

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.62%0.35%0.74%1.18%Beats 41%988 / 1,683
Return on Equity6.00%2.67%5.89%8.74%Beats 51%820 / 1,681
Net Interest Margin2.89%3.31%3.82%4.32%Beats 10%1,508 / 1,683
Efficiency Ratio83.46%68.91%78.20%86.93%Beats 34%1,114 / 1,682
Asset Quality
Nonperforming Loans / Loans0.81%0.26%0.65%1.29%Beats 43%969 / 1,682
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio10.33%10.44%12.89%16.53%Beats 24%1,280 / 1,683
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets10.33%10.44%12.89%16.53%Beats 24%1,280 / 1,683
Liquidity & Funding
Loans / Deposits25.73%52.61%69.38%83.50%3rd pctl1,628 / 1,683
Loans / Assets24.11%44.71%59.18%70.72%5th pctl1,600 / 1,683
Brokered Deposits / Depositsn/aNot reported for this institution