PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

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