PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Somerville School Employees

Somerville, MA · Charter 3475

NCUA · 1 branch

Q2 2026

$22.9MAssets
$8.0MLoans
$18.9MShares
$3.9MNet 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 0.34%, up 22 bps year over year; NIM at 2.87%.
  • Asset quality: problem loans at 0.18% of loans (+11 bps YoY).
  • Capital: net worth / assets of 17.21%, up 30 bps from a year ago.
  • Funding: loans stand at 42.53% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.34%+22 bps YoY

Net Interest Margin (quarter, annualized)

2.87%+17 bps YoY

Efficiency Ratio (quarter, annualized)

88.26%-730 bps YoY

Net Worth / Assets

17.21%+30 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.12%0.11%0.11%-0.05%0.34%+22 bps
Return on Equity0.72%0.62%0.68%-0.30%1.96%+124 bps
Net Interest Margin2.70%2.77%2.71%2.72%2.87%+17 bps
Efficiency Ratio95.56%96.20%95.87%101.86%88.26%-730 bps
Growth
Asset Growth (YoY)-4.20%-6.44%-4.04%-5.35%-0.46%+375 bps
Loan Growth (YoY)11.58%12.98%5.35%-4.19%-9.44%-2,103 bps
Share Growth (YoY)-5.35%-7.91%-4.94%-6.47%-0.82%+453 bps
Asset Quality
Delinquent Loans / Loans0.07%0.12%0.17%0.29%0.18%+11 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 Capital16.91%17.26%16.84%16.85%17.21%+30 bps
Net Worth / Assets16.91%17.26%16.84%16.85%17.21%+30 bps
Liquidity & Funding
Loans / Shares46.58%48.51%46.42%43.64%42.53%-405 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps