PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Granite

Salt Lake City, UT · Charter 24726

NCUA · 11 branches

Q2 2026

$918.4MAssets
$701.7MLoans
$766.2MShares
$92.3MNet 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 0.50%, up 15 bps year over year; NIM at 2.81%.
  • Asset quality: problem loans at 0.54% of loans (+5 bps YoY).
  • Capital: net worth / assets of 10.05%, up 25 bps from a year ago.
  • Funding: loans stand at 91.58% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.50%+15 bps YoY

Net Interest Margin (YTD, annualized)

2.81%+43 bps YoY

Efficiency Ratio (YTD, annualized)

75.40%-267 bps YoY

Net Worth / Assets

10.05%+25 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.35%0.42%0.42%0.43%0.50%+15 bps
Return on Equity3.62%4.34%4.20%4.36%5.03%+141 bps
Net Interest Margin2.38%2.45%2.54%2.71%2.81%+43 bps
Efficiency Ratio78.07%75.79%75.92%76.87%75.40%-267 bps
Growth
Asset Growth (YoY)10.05%6.33%7.80%2.31%1.94%-811 bps
Loan Growth (YoY)5.28%6.03%5.35%3.48%3.68%-160 bps
Share Growth (YoY)6.48%6.17%5.04%4.06%3.23%-325 bps
Asset Quality
Delinquent Loans / Loans0.50%0.37%0.63%0.41%0.54%+5 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 Capital9.80%9.75%9.92%9.92%10.05%+25 bps
Net Worth / Assets9.80%9.75%9.92%9.92%10.05%+25 bps
Liquidity & Funding
Loans / Shares91.18%91.88%93.14%91.29%91.58%+40 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps