PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Department

Alexandria, VA · Charter 435

NCUA · 7 branches

Q2 2026

$2.9BAssets
$1.6BLoans
$2.4BShares
$316.8MNet 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 0.49%, up 25 bps year over year; NIM at 2.46%.
  • Asset quality: problem loans at 0.86% of loans (-22 bps YoY).
  • Capital: net worth / assets of 10.78%, up 29 bps from a year ago.
  • Funding: loans stand at 65.55% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.49%+25 bps YoY

Net Interest Margin (quarter, annualized)

2.46%+22 bps YoY

Efficiency Ratio (quarter, annualized)

69.68%-229 bps YoY

Net Worth / Assets

10.78%+29 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.24%0.24%0.30%0.48%0.49%+25 bps
Return on Equity2.28%2.26%2.81%4.54%4.57%+229 bps
Net Interest Margin2.23%2.28%2.27%2.44%2.46%+22 bps
Efficiency Ratio71.97%72.95%72.24%70.60%69.68%-229 bps
Growth
Asset Growth (YoY)2.89%0.00%1.15%-0.37%0.39%-250 bps
Loan Growth (YoY)0.19%-3.34%2.23%3.79%9.50%+931 bps
Share Growth (YoY)3.23%2.02%1.32%1.12%2.28%-95 bps
Asset Quality
Delinquent Loans / Loans1.07%0.98%1.00%0.90%0.86%-22 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 Capital10.49%10.67%10.54%10.65%10.78%+29 bps
Net Worth / Assets10.49%10.67%10.54%10.65%10.78%+29 bps
Liquidity & Funding
Loans / Shares61.22%60.39%63.75%63.16%65.55%+432 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps