Charlotte, MI · Cert 29846 · Eaton Fed Mutual Holding Co.
State savings bank · OCC · 7 branches
Q2 2026
Market Position · Lansing-East Lansing, MI · 2026 SOD (annual) · 3.5% share · #9 of 18 inst. · $0.4B of $12.3B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.54% | 0.58% | -1.80% | 0.72% | 0.90% | +36 bps | |
| Return on Equity | 4.39% | 4.61% | -14.35% | 5.89% | 7.43% | +304 bps | |
| Net Interest Margin | 2.98% | 3.01% | 3.09% | 3.16% | 3.29% | +31 bps | |
| Efficiency Ratio | 77.69% | 76.32% | 80.11% | 73.97% | 67.68% | -1,002 bps | |
| Non-Interest Burden | 2.22% | 2.19% | 2.40% | 2.22% | 2.06% | -16 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 3.20% | 3.86% | 8.15% | 6.05% | 9.50% | +631 bps | |
| Loan Growth (YoY) | 14.90% | 14.15% | 14.21% | 14.97% | 11.70% | -320 bps | |
| Deposit Growth (YoY) | 5.23% | 0.11% | 5.05% | 2.83% | 6.37% | +113 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.29% | 1.83% | 1.75% | 1.27% | 1.23% | +95 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.03% | 0.08% | 2.05% | 0.05% | -1 bps | |
| Allowance / Loans | 0.95% | 0.95% | 1.45% | 0.91% | 0.90% | -5 bps | |
| Allowance Coverage of NPLs | 3.3x | 0.5x | 0.8x | 0.7x | 0.7x | -2.6x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 13.82% | 13.77% | 13.09% | 12.77% | 12.89% | -94 bps | |
| Total Risk-Based Capital | 13.82% | 13.77% | 13.09% | 12.77% | 12.89% | -94 bps | |
| Equity / Assets | 12.47% | 12.80% | 12.30% | 12.13% | 12.18% | -29 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 70.77% | 74.95% | 73.36% | 73.57% | 74.32% | +355 bps | |
| Liquid Assets / Assets | 2.13% | 1.78% | 2.35% | 3.16% | 1.68% | -45 bps | |
| CRE / Total Capital | n/a | 160.26% | 175.21% | 170.82% | n/a | n/a | |