PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Security First

McAllen, TX · Charter 5547

NCUA · 9 branches

Q2 2026

$516.6MAssets
$392.9MLoans
$449.1MShares
$61.3MNet Worth

Executive Summary

  • Earnings: ROA of 1.26%, up 16 bps year over year; NIM at 3.66%.
  • Asset quality: problem loans at 1.32% of loans (-10 bps YoY).
  • Capital: net worth / assets of 11.87%, up 112 bps from a year ago.
  • Funding: loans stand at 87.49% of shares as of Q2 2026.

Return on Assets (quarter, annualized)

1.26%+16 bps YoY

Net Interest Margin (quarter, annualized)

3.66%+31 bps YoY

Efficiency Ratio (quarter, annualized)

77.82%+356 bps YoY

Net Worth / Assets

11.87%+112 bps YoY

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.30%0.75%1.10%1.10%0.85%0.89%1.63%1.26%+16 bps
Return on Equity2.93%7.07%10.49%10.21%7.75%7.99%14.16%10.62%+41 bps
Net Interest Margin3.30%3.32%3.19%3.35%3.44%3.46%3.43%3.66%+31 bps
Efficiency Ratio75.61%74.78%71.32%74.26%73.73%74.01%78.17%77.82%+356 bps
Growth
Asset Growth (YoY)12.29%12.29%7.26%4.75%3.02%2.82%-0.20%-1.36%-611 bps
Loan Growth (YoY)2.89%-2.79%2.16%5.73%7.62%3.05%-0.05%7.40%+167 bps
Share Growth (YoY)14.16%13.46%7.10%4.10%1.58%1.32%-2.00%-3.03%-712 bps
Asset Quality
Delinquent Loans / Loans1.25%1.13%1.08%1.43%1.44%1.63%1.32%1.32%-10 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital10.11%10.54%10.50%10.75%10.96%11.14%11.55%11.87%+112 bps
Net Worth / Assets10.11%10.54%10.50%10.75%10.96%11.14%11.55%11.87%+112 bps
Liquidity & Funding
Loans / Shares76.08%77.31%77.60%79.00%80.61%78.63%79.15%87.49%+849 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps