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Instep

New Orleans, LA · Charter 24951

NCUA · 2 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, credit unions under $1B in assets in the New Orleans-Metairie, LA area3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Credit unions under $1B in assets in the New Orleans-Metairie, LA area (n=28 to 29). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

38

Q2 2024Q2 2026peer median (50)

Asset Quality

38

Q2 2024Q2 2026peer median (50)

Profitability

31

Q2 2024Q2 2026peer median (50)

Liquidity

19

Q2 2024Q2 2026peer median

Efficiency

28

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Instep

New Orleans, LA · Charter 24951

NCUA · 2 branches

Q2 2026

$52.9MAssets
$39.0MLoans
$45.5MShares
$7.1MNet 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 -1.35%, down 86 bps year over year; NIM at 4.86%.
  • Asset quality: problem loans at 2.05% of loans (-25 bps YoY).
  • Capital: net worth / assets of 13.36%, down 40 bps from a year ago.
  • Funding: loans stand at 85.75% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-1.35%-86 bps YoY

Net Interest Margin (YTD, annualized)

4.86%-13 bps YoY

Efficiency Ratio (YTD, annualized)

97.21%+313 bps YoY

Net Worth / Assets

13.36%-40 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.49%0.20%0.43%0.18%-1.35%-86 bps
Return on Equity-3.60%1.36%3.09%1.29%-10.11%-652 bps
Net Interest Margin4.99%5.17%5.01%4.78%4.86%-13 bps
Efficiency Ratio94.08%94.78%88.66%97.73%97.21%+313 bps
Growth
Asset Growth (YoY)3.82%-1.23%5.37%4.71%3.33%-49 bps
Loan Growth (YoY)5.67%3.48%3.74%2.33%1.13%-454 bps
Share Growth (YoY)4.33%-2.14%5.71%5.78%4.77%+44 bps
Asset Quality
Delinquent Loans / Loans2.30%2.45%2.43%2.16%2.05%-25 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 Capital13.76%14.33%13.92%13.83%13.36%-40 bps
Net Worth / Assets13.76%14.33%13.92%13.83%13.36%-40 bps
Liquidity & Funding
Loans / Shares88.84%93.06%90.09%85.63%85.75%-309 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Instep

New Orleans, LA · Charter 24951 · Peer group: credit unions under $1B in assets in the New Orleans-Metairie, LA area (n=28-29)

NCUA · 2 branches

Q2 2026

$52.9MAssets
$39.0MLoans
$45.5MShares
$7.1MNet Worth

Executive Summary

  • Strongest standing: net interest margin outperforms 69% of credit unions under $1B in assets in the New Orleans-Metairie, LA area (rank 9 of 29).
  • Widest gap: return on equity trails 89% of credit unions under $1B in assets in the New Orleans-Metairie, LA area (rank 25 of 28).
  • Overall: at or above the peer median on 1 of 7 directional measures.

Return on Assets

-1.35%

Rank 25 of 29

Net Interest Margin

4.86%

Rank 9 of 29

Efficiency Ratio

97.23%

Rank 22 of 29

Equity / Assets

13.36%

Rank 18 of 29

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets-1.35%-0.27%0.39%0.68%Beats 14%25 / 29
Return on Equity-10.12%0.64%2.28%5.24%Beats 11%25 / 28
Net Interest Margin4.86%3.88%4.49%4.89%Beats 69%9 / 29
Efficiency Ratio97.23%77.78%86.62%97.23%Beats 28%22 / 29
Asset Quality
Nonperforming Loans / Loans2.05%0.22%1.19%2.21%Beats 38%19 / 29
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio13.36%11.89%14.07%21.10%Beats 38%18 / 29
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets13.36%11.89%14.07%21.10%Beats 38%18 / 29
Liquidity & Funding
Loans / Deposits85.75%45.57%67.88%82.54%79th pctl6 / 29
Loans / Assets73.71%34.60%52.32%69.33%83rd pctl5 / 29
Brokered Deposits / Depositsn/aNot reported for this institution