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Northern Lights Community

Chatham, MI · Charter 5272

NCUA · 1 branch

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 MI3

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 MI (n=56). 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

14

Q2 2024Q2 2026peer median (50)

Asset Quality

18

Q2 2024Q2 2026peer median (50)

Profitability

92

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

71

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 2026-10-10

Northern Lights Community

Chatham, MI · Charter 5272

NCUA · 1 branch

Q2 2026

$12.9MAssets
$3.4MLoans
$11.6MShares
$1.3MNet 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 2.14%, down 2 bps year over year; NIM at 4.56%.
  • Asset quality: problem loans at 1.67% of loans (+140 bps YoY).
  • Capital: net worth / assets of 9.75%, up 122 bps from a year ago.
  • Funding: loans stand at 29.29% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.14%-2 bps YoY

Net Interest Margin (YTD, annualized)

4.56%+2 bps YoY

Efficiency Ratio (YTD, annualized)

68.62%+388 bps YoY

Net Worth / Assets

9.75%+122 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets2.16%2.11%1.90%2.39%2.14%-2 bps
Return on Equity25.28%23.46%20.80%25.10%21.93%-336 bps
Net Interest Margin4.55%4.68%4.59%4.80%4.56%+2 bps
Efficiency Ratio64.73%66.87%69.47%72.83%68.62%+388 bps
Growth
Asset Growth (YoY)8.28%10.77%12.46%2.93%3.95%-433 bps
Loan Growth (YoY)-16.92%-17.14%-11.03%-8.93%-5.88%+1,104 bps
Share Growth (YoY)7.13%9.57%11.86%1.30%2.62%-450 bps
Asset Quality
Delinquent Loans / Loans0.28%0.61%1.06%0.94%1.67%+140 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 Capital8.54%8.99%9.12%9.51%9.75%+122 bps
Net Worth / Assets8.54%8.99%9.12%9.51%9.75%+122 bps
Liquidity & Funding
Loans / Shares31.94%31.47%30.20%29.54%29.29%-265 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 2026-10-10

Northern Lights Community

Chatham, MI · Charter 5272 · Peer group: credit unions under $1B in assets in MI (n=56)

NCUA · 1 branch

Q2 2026

$12.9MAssets
$3.4MLoans
$11.6MShares
$1.3MNet Worth

Executive Summary

  • Strongest standing: return on equity outperforms 98% of credit unions under $1B in assets in MI (rank 1 of 56).
  • Widest gap: equity / assets trails 86% of credit unions under $1B in assets in MI (rank 48 of 56).
  • Overall: at or above the peer median on 4 of 7 directional measures.

Return on Assets

2.14%

Rank 4 of 56

Net Interest Margin

4.57%

Rank 9 of 56

Efficiency Ratio

68.56%

Rank 17 of 56

Equity / Assets

9.76%

Rank 48 of 56

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets2.14%0.74%1.15%1.47%Beats 93%4 / 56
Return on Equity21.92%6.40%9.29%11.51%Beats 98%1 / 56
Net Interest Margin4.57%3.40%3.92%4.36%Beats 84%9 / 56
Efficiency Ratio68.56%65.99%72.16%78.25%Beats 71%17 / 56
Asset Quality
Nonperforming Loans / Loans1.68%0.49%0.84%1.28%Beats 18%47 / 56
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio9.76%10.20%12.14%14.32%Beats 14%48 / 56
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets9.76%10.20%12.14%14.32%Beats 14%48 / 56
Liquidity & Funding
Loans / Deposits29.29%52.28%65.96%76.17%4th pctl54 / 56
Loans / Assets26.22%45.34%56.55%67.04%4th pctl54 / 56
Brokered Deposits / Depositsn/aNot reported for this institution