PackageTrendsPeer
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Somerset

Somerset, MA · Charter 24239

NCUA · 2 branches

Q2 2026

$263.3MAssets
$174.1MLoans
$232.8MShares
$33.0MNet 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 0.69%, up 22 bps year over year; NIM at 2.78%.
  • Asset quality: problem loans at 0.19% of loans (-2 bps YoY).
  • Capital: net worth / assets of 12.51%, down 23 bps from a year ago.
  • Funding: loans stand at 74.79% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.69%+22 bps YoY

Net Interest Margin (YTD, annualized)

2.78%+15 bps YoY

Efficiency Ratio (YTD, annualized)

79.52%-528 bps YoY

Net Worth / Assets

12.51%-23 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.48%0.63%0.63%0.66%0.69%+22 bps
Return on Equity3.74%4.99%5.07%5.31%5.54%+180 bps
Net Interest Margin2.64%2.62%2.59%2.72%2.78%+15 bps
Efficiency Ratio84.79%80.71%80.70%80.08%79.52%-528 bps
Growth
Asset Growth (YoY)4.89%5.75%9.35%8.10%8.30%+341 bps
Loan Growth (YoY)6.62%8.63%12.06%10.33%8.98%+236 bps
Share Growth (YoY)4.94%3.81%6.62%8.03%8.31%+337 bps
Asset Quality
Delinquent Loans / Loans0.21%0.09%0.17%0.07%0.19%-2 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 Capital12.75%12.66%12.37%12.40%12.51%-23 bps
Net Worth / Assets12.75%12.66%12.37%12.40%12.51%-23 bps
Liquidity & Funding
Loans / Shares74.33%76.98%75.86%73.71%74.79%+46 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps