PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Technology

San Jose, CA · Charter 23521

NCUA · 23 branches

Q2 2026

$27.9BAssets
$22.0BLoans
$24.2BShares
$3.0BNet 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 0.28%, down 53 bps year over year; NIM at 4.11%.
  • Asset quality: problem loans at 1.61% of loans (+50 bps YoY).
  • Capital: net worth / assets of 10.75%, up 107 bps from a year ago.
  • Funding: loans stand at 90.99% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.28%-53 bps YoY

Net Interest Margin (YTD, annualized)

4.11%+19 bps YoY

Efficiency Ratio (YTD, annualized)

64.64%+298 bps YoY

Net Worth / Assets

10.75%+107 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.81%0.81%0.68%0.63%0.28%-53 bps
Return on Equity8.40%8.32%6.98%6.00%2.59%-581 bps
Net Interest Margin3.92%3.93%3.89%4.07%4.11%+19 bps
Efficiency Ratio61.66%61.94%63.35%63.24%64.64%+298 bps
Growth
Asset Growth (YoY)6.31%6.10%3.49%121.33%119.10%+11,279 bps
Loan Growth (YoY)-0.37%-0.33%-1.14%105.69%105.37%+10,574 bps
Share Growth (YoY)7.06%7.34%6.57%114.37%112.65%+10,559 bps
Asset Quality
Delinquent Loans / Loans1.11%1.17%1.23%1.23%1.61%+50 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 Capital9.68%9.78%9.69%10.51%10.75%+107 bps
Net Worth / Assets9.68%9.78%9.69%10.51%10.75%+107 bps
Liquidity & Funding
Loans / Shares94.22%94.38%91.82%89.88%90.99%-323 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps