PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

America's First

Birmingham, AL · Charter 24534

NCUA · 22 branches

Q2 2026

$2.8BAssets
$2.2BLoans
$2.4BShares
$341.2MNet Worth

Executive Summary

  • Earnings: ROA of 1.24%, down 14 bps year over year; NIM at 3.55%.
  • Asset quality: problem loans at 0.77% of loans (-5 bps YoY).
  • Capital: net worth / assets of 12.25%, up 49 bps from a year ago.
  • Funding: loans stand at 90.92% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

1.24%-14 bps YoY

Net Interest Margin (YTD, annualized)

3.55%+15 bps YoY

Efficiency Ratio (YTD, annualized)

65.79%+393 bps YoY

Net Worth / Assets

12.25%+49 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.15%1.08%1.08%1.38%1.48%1.39%0.75%1.24%-14 bps
Return on Equity10.12%9.39%9.43%11.75%12.27%11.55%6.25%10.14%-162 bps
Net Interest Margin2.88%2.98%3.31%3.41%3.46%3.43%3.50%3.55%+15 bps
Efficiency Ratio66.43%66.67%64.66%61.87%60.22%62.74%72.50%65.79%+393 bps
Growth
Asset Growth (YoY)4.88%4.11%3.59%3.78%4.40%6.72%5.93%6.94%+316 bps
Loan Growth (YoY)5.37%5.86%7.92%9.36%10.54%8.32%4.33%2.69%-667 bps
Share Growth (YoY)3.81%3.78%3.04%3.30%3.44%5.81%5.12%6.02%+272 bps
Asset Quality
Delinquent Loans / Loans0.71%0.78%0.62%0.83%0.78%0.94%0.77%0.77%-5 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 Capital11.32%11.45%11.41%11.76%12.10%12.05%12.01%12.25%+49 bps
Net Worth / Assets11.32%11.45%11.41%11.76%12.10%12.05%12.01%12.25%+49 bps
Liquidity & Funding
Loans / Shares89.01%90.76%91.24%93.87%95.13%92.91%90.56%90.92%-294 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps