PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Forest Area

Fife Lake, MI · Charter 24047

NCUA · 8 branches

Q2 2026

$318.3MAssets
$198.5MLoans
$277.8MShares
$40.6MNet Worth

Executive Summary

  • Earnings: ROA of 1.69%, up 58 bps year over year; NIM at 4.40%.
  • Asset quality: problem loans at 1.92% of loans (+29 bps YoY).
  • Capital: net worth / assets of 12.76%, up 95 bps from a year ago.
  • Funding: loans stand at 71.46% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

1.69%+58 bps YoY

Net Interest Margin (YTD, annualized)

4.40%+15 bps YoY

Efficiency Ratio (YTD, annualized)

63.53%+34 bps YoY

Net Worth / Assets

12.76%+95 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.75%1.51%1.35%1.11%1.26%1.46%1.37%1.69%+58 bps
Return on Equity14.44%12.31%11.29%9.39%10.56%11.89%11.12%13.21%+382 bps
Net Interest Margin4.14%4.22%4.26%4.25%4.23%4.35%4.41%4.40%+15 bps
Efficiency Ratio59.04%59.05%63.33%63.19%63.68%62.80%67.58%63.53%+34 bps
Growth
Asset Growth (YoY)14.35%12.58%13.87%13.44%12.25%12.65%9.96%6.85%-659 bps
Loan Growth (YoY)7.29%5.40%4.33%2.93%2.83%4.43%4.39%4.30%+137 bps
Share Growth (YoY)12.37%12.21%13.53%13.33%12.44%11.96%9.31%5.67%-766 bps
Asset Quality
Delinquent Loans / Loans1.42%1.86%1.36%1.62%1.66%1.41%1.47%1.92%+29 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital12.14%12.24%11.97%11.81%11.90%12.29%12.31%12.76%+95 bps
Net Worth / Assets12.14%12.24%11.97%11.81%11.90%12.29%12.31%12.76%+95 bps
Liquidity & Funding
Loans / Shares78.69%77.85%73.20%72.40%71.97%72.61%69.90%71.46%-94 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps