PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First New York

Albany, NY · Charter 2440

NCUA · 9 branches

Q2 2026

$574.0MAssets
$424.5MLoans
$521.0MShares
$50.9MNet 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 0.51%, down 37 bps year over year; NIM at 3.73%.
  • Asset quality: problem loans at 0.48% of loans (-32 bps YoY).
  • Capital: net worth / assets of 8.87%, down 27 bps from a year ago.
  • Funding: loans stand at 81.47% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.51%-37 bps YoY

Net Interest Margin (quarter, annualized)

3.73%-8 bps YoY

Efficiency Ratio (quarter, annualized)

85.50%+761 bps YoY

Net Worth / Assets

8.87%-27 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.88%0.84%0.74%0.46%0.51%-37 bps
Return on Equity9.60%8.65%8.04%5.05%5.75%-385 bps
Net Interest Margin3.81%4.04%3.89%3.78%3.73%-8 bps
Efficiency Ratio77.90%79.79%80.79%87.43%85.50%+761 bps
Growth
Asset Growth (YoY)6.38%3.30%5.28%5.76%9.37%+299 bps
Loan Growth (YoY)10.69%9.39%12.25%11.86%10.30%-38 bps
Share Growth (YoY)5.61%2.66%3.66%5.71%10.25%+464 bps
Asset Quality
Delinquent Loans / Loans0.79%0.73%0.76%0.52%0.48%-32 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 Capital9.14%9.68%9.25%9.01%8.87%-27 bps
Net Worth / Assets9.14%9.68%9.25%9.01%8.87%-27 bps
Liquidity & Funding
Loans / Shares81.43%87.31%86.57%83.05%81.47%+4 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps