PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Southcoast

New Bedford, MA · Charter 22426

NCUA · 6 branches

Q2 2026

$59.0MAssets
$36.6MLoans
$48.0MShares
$7.3MNet 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 0.50%, up 17 bps year over year; NIM at 3.18%.
  • Asset quality: problem loans at 0.27% of loans (-26 bps YoY).
  • Capital: net worth / assets of 12.40%, down 105 bps from a year ago.
  • Funding: loans stand at 76.31% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.50%+17 bps YoY

Net Interest Margin (YTD, annualized)

3.18%+29 bps YoY

Efficiency Ratio (YTD, annualized)

87.43%-240 bps YoY

Net Worth / Assets

12.40%-105 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.33%0.44%0.41%0.62%0.50%+17 bps
Return on Equity2.48%3.16%3.46%5.15%4.03%+155 bps
Net Interest Margin2.90%2.99%2.98%3.13%3.18%+29 bps
Efficiency Ratio89.83%87.36%87.88%84.24%87.43%-240 bps
Growth
Asset Growth (YoY)-9.21%-5.31%0.45%-0.25%-1.74%+747 bps
Loan Growth (YoY)9.32%9.96%10.45%3.43%-3.42%-1,274 bps
Share Growth (YoY)-9.71%-4.68%0.98%-0.12%-0.10%+961 bps
Asset Quality
Delinquent Loans / Loans0.53%0.34%0.31%0.42%0.27%-26 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 Capital13.45%13.92%11.94%12.03%12.40%-105 bps
Net Worth / Assets13.45%13.92%11.94%12.03%12.40%-105 bps
Liquidity & Funding
Loans / Shares78.93%81.34%78.78%75.66%76.31%-262 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps