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Electel Cooperative

Raleigh, NC · Charter 24819

NCUA · 5 branches

Q2 2026

$68.2MAssets
$42.3MLoans
$59.9MShares
$8.6MNet 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 0.01%, down 95 bps year over year; NIM at 4.04%.
  • Asset quality: problem loans at 0.37% of loans (-2 bps YoY).
  • Capital: net worth / assets of 12.67%, down 76 bps from a year ago.
  • Funding: loans stand at 70.56% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.01%-95 bps YoY

Net Interest Margin (YTD, annualized)

4.04%-26 bps YoY

Efficiency Ratio (YTD, annualized)

89.14%+795 bps YoY

Net Worth / Assets

12.67%-76 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.95%0.63%0.58%-0.23%0.01%-95 bps
Return on Equity7.09%4.73%4.61%-1.77%0.05%-704 bps
Net Interest Margin4.31%4.32%4.33%4.13%4.04%-26 bps
Efficiency Ratio81.18%83.09%83.07%94.82%89.14%+795 bps
Growth
Asset Growth (YoY)1.37%2.39%3.06%2.50%6.98%+561 bps
Loan Growth (YoY)2.24%3.78%3.97%2.76%4.63%+238 bps
Share Growth (YoY)1.07%2.47%3.32%2.70%8.55%+748 bps
Asset Quality
Delinquent Loans / Loans0.39%0.25%0.36%0.22%0.37%-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 Capital13.43%13.29%12.66%12.93%12.67%-76 bps
Net Worth / Assets13.43%13.29%12.66%12.93%12.67%-76 bps
Liquidity & Funding
Loans / Shares73.21%73.37%72.12%71.03%70.56%-264 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps