PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Priority One

South Pasadena, CA · Charter 60024

NCUA · 3 branches

Q2 2026

$205.9MAssets
$96.0MLoans
$178.6MShares
$28.7MNet Worth

Executive Summary

  • Earnings: ROA of 1.01%, down 19 bps year over year; NIM at 4.23%.
  • Asset quality: problem loans at 0.25% of loans (-7 bps YoY).
  • Capital: net worth / assets of 13.95%, up 81 bps from a year ago.
  • Funding: loans stand at 53.74% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

1.01%-19 bps YoY

Net Interest Margin (YTD, annualized)

4.23%+7 bps YoY

Efficiency Ratio (YTD, annualized)

75.46%+338 bps YoY

Net Worth / Assets

13.95%+81 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.29%1.33%1.25%1.20%1.28%1.30%1.40%1.01%-19 bps
Return on Equity10.21%10.28%9.87%9.16%9.71%9.72%10.16%7.26%-190 bps
Net Interest Margin4.17%4.17%3.91%4.15%4.13%4.17%4.31%4.23%+7 bps
Efficiency Ratio70.77%70.52%72.82%72.08%71.31%70.96%72.62%75.46%+338 bps
Growth
Asset Growth (YoY)-0.83%1.34%2.67%3.26%5.77%6.36%1.67%2.97%-29 bps
Loan Growth (YoY)-0.73%-2.59%-4.66%2.47%-0.20%1.14%4.05%-2.17%-464 bps
Share Growth (YoY)-3.92%-0.23%0.40%1.25%4.47%4.48%0.02%1.53%+28 bps
Asset Quality
Delinquent Loans / Loans0.33%0.34%0.37%0.32%0.38%0.24%0.33%0.25%-7 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 Capital12.60%12.90%12.70%13.14%13.18%13.39%13.75%13.95%+81 bps
Net Worth / Assets12.60%12.90%12.70%13.14%13.18%13.39%13.75%13.95%+81 bps
Liquidity & Funding
Loans / Shares56.52%54.90%51.16%55.77%54.00%53.15%53.22%53.74%-203 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps