PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Somerville Municipal

Somerville, MA · Charter 4524

NCUA · 1 branch

Q2 2026

$49.0MAssets
$24.0MLoans
$39.5MShares
$9.4MNet 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 1.12%, down 28 bps year over year; NIM at 3.46%.
  • Asset quality: problem loans at 0.48% of loans (+48 bps YoY).
  • Capital: net worth / assets of 19.08%, up 181 bps from a year ago.
  • Funding: loans stand at 60.65% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.12%-28 bps YoY

Net Interest Margin (quarter, annualized)

3.46%-3 bps YoY

Efficiency Ratio (quarter, annualized)

69.75%+797 bps YoY

Net Worth / Assets

19.08%+181 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.40%1.43%1.22%1.16%1.12%-28 bps
Return on Equity8.09%8.22%6.82%6.38%5.85%-224 bps
Net Interest Margin3.49%3.47%3.51%3.34%3.46%-3 bps
Efficiency Ratio61.78%60.96%67.32%66.79%69.75%+797 bps
Growth
Asset Growth (YoY)3.90%5.25%2.62%-1.35%-4.00%-790 bps
Loan Growth (YoY)-4.30%-2.37%-2.94%-4.38%-4.75%-45 bps
Share Growth (YoY)3.24%5.02%1.65%-3.02%-6.01%-925 bps
Asset Quality
Delinquent Loans / Loans0.00%0.34%0.36%0.47%0.48%+48 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 Capital17.27%17.43%17.85%18.16%19.08%+181 bps
Net Worth / Assets17.27%17.43%17.85%18.16%19.08%+181 bps
Liquidity & Funding
Loans / Shares59.85%58.85%59.21%58.20%60.65%+80 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps