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Virginia State University

South Chesterfi, VA · Charter 3029

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 Richmond, VA 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 Richmond, VA area (n=16). 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

6

Q2 2024Q2 2026peer median (50)

Asset Quality

25

Q2 2024Q2 2026peer median (50)

Profitability

58

Q2 2024Q2 2026peer median (50)

Liquidity

73

Q2 2024Q2 2026peer median

Efficiency

31

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

Virginia State University

South Chesterfi, VA · Charter 3029

NCUA · 2 branches

Q2 2026

$13.0MAssets
$7.9MLoans
$11.7MShares
$1.2MNet 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 0.64%, down 33 bps year over year; NIM at 5.93%.
  • Asset quality: problem loans at 1.93% of loans (+95 bps YoY).
  • Capital: net worth / assets of 9.16%, up 86 bps from a year ago.
  • Funding: loans stand at 67.43% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.64%-33 bps YoY

Net Interest Margin (YTD, annualized)

5.93%+12 bps YoY

Efficiency Ratio (YTD, annualized)

80.74%+63 bps YoY

Net Worth / Assets

9.16%+86 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.97%0.99%0.93%-0.16%0.64%-33 bps
Return on Equity11.65%11.52%10.52%-1.96%6.96%-469 bps
Net Interest Margin5.81%5.87%5.98%5.56%5.93%+12 bps
Efficiency Ratio80.10%78.32%79.96%82.43%80.74%+63 bps
Growth
Asset Growth (YoY)3.91%3.13%4.60%1.74%-1.47%-539 bps
Loan Growth (YoY)-3.81%-4.52%-1.86%-4.42%-2.16%+165 bps
Share Growth (YoY)4.57%3.41%3.06%0.14%-3.25%-782 bps
Asset Quality
Delinquent Loans / Loans0.97%0.75%1.68%1.87%1.93%+95 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 Capital8.30%8.60%8.88%8.42%9.16%+86 bps
Net Worth / Assets8.30%8.60%8.88%8.42%9.16%+86 bps
Liquidity & Funding
Loans / Shares66.68%67.91%69.85%64.01%67.43%+75 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

Virginia State University

South Chesterfi, VA · Charter 3029 · Peer group: credit unions under $1B in assets in the Richmond, VA area (n=16)

NCUA · 2 branches

Q2 2026

$13.0MAssets
$7.9MLoans
$11.7MShares
$1.2MNet Worth

Executive Summary

  • Strongest standing: net interest margin outperforms 94% of credit unions under $1B in assets in the Richmond, VA area (rank 1 of 16).
  • Widest gap: equity / assets trails 94% of credit unions under $1B in assets in the Richmond, VA area (rank 15 of 16).
  • Overall: at or above the peer median on 2 of 7 directional measures.

Return on Assets

0.63%

Rank 11 of 16

Net Interest Margin

5.92%

Rank 1 of 16

Efficiency Ratio

80.72%

Rank 12 of 16

Equity / Assets

9.16%

Rank 15 of 16

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.63%0.51%0.86%1.14%Beats 31%11 / 16
Return on Equity6.89%2.74%6.89%10.47%Beats 50%8 / 16
Net Interest Margin5.92%3.59%3.78%5.26%Beats 94%1 / 16
Efficiency Ratio80.72%72.78%78.57%80.89%Beats 31%12 / 16
Asset Quality
Nonperforming Loans / Loans1.93%0.60%1.42%1.93%Beats 25%13 / 16
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio9.16%10.18%10.87%18.48%Beats 6%15 / 16
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets9.16%10.18%10.87%18.48%Beats 6%15 / 16
Liquidity & Funding
Loans / Deposits67.42%55.40%64.78%71.88%56th pctl7 / 16
Loans / Assets60.66%48.81%51.73%64.39%69th pctl5 / 16
Brokered Deposits / Depositsn/aNot reported for this institution