PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Northern Lights

Saint Johnsbury, VT · Charter 24878

NCUA · 3 branches

Q2 2026

$42.8MAssets
$29.2MLoans
$36.2MShares
$6.1MNet 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 0.92%, down 41 bps year over year; NIM at 5.17%.
  • Asset quality: problem loans at 0.29% of loans (+19 bps YoY).
  • Capital: net worth / assets of 14.34%, down 57 bps from a year ago.
  • Funding: loans stand at 80.66% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.92%-41 bps YoY

Net Interest Margin (YTD, annualized)

5.17%-28 bps YoY

Efficiency Ratio (YTD, annualized)

86.61%+826 bps YoY

Net Worth / Assets

14.34%-57 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.33%0.72%1.30%0.32%0.92%-41 bps
Return on Equity8.92%5.27%9.05%2.25%6.41%-250 bps
Net Interest Margin5.45%3.89%6.00%4.90%5.17%-28 bps
Efficiency Ratio78.35%84.14%81.34%95.41%86.61%+826 bps
Growth
Asset Growth (YoY)3.32%43.87%31.45%44.06%41.03%+3,771 bps
Loan Growth (YoY)-4.68%21.59%21.37%24.91%30.57%+3,526 bps
Share Growth (YoY)1.60%42.64%30.91%42.12%40.74%+3,914 bps
Asset Quality
Delinquent Loans / Loans0.10%0.06%0.49%0.37%0.29%+19 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 Capital14.91%13.68%14.40%14.41%14.34%-57 bps
Net Worth / Assets14.91%13.68%14.40%14.41%14.34%-57 bps
Liquidity & Funding
Loans / Shares86.95%77.79%79.43%75.54%80.66%-628 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps