PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

New Horizons

Mobile, AL · Charter 60799

NCUA · 8 branches

Q2 2026

$304.1MAssets
$213.6MLoans
$269.6MShares
$31.2MNet Worth

Executive Summary

  • Earnings: ROA of 0.70%, up 17 bps year over year; NIM at 3.56%.
  • Asset quality: problem loans at 0.37% of loans (+17 bps YoY).
  • Capital: net worth / assets of 10.27%, up 21 bps from a year ago.
  • Funding: loans stand at 79.25% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

0.70%+17 bps YoY

Net Interest Margin (YTD, annualized)

3.56%+19 bps YoY

Efficiency Ratio (YTD, annualized)

81.72%-348 bps YoY

Net Worth / Assets

10.27%+21 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.38%0.43%0.51%0.53%1.48%1.22%0.65%0.70%+17 bps
Return on Equity3.89%4.27%5.04%5.24%13.63%11.32%6.24%6.82%+159 bps
Net Interest Margin2.82%2.96%3.36%3.37%3.44%3.47%3.48%3.56%+19 bps
Efficiency Ratio88.53%88.21%83.76%85.19%71.76%75.13%83.29%81.72%-348 bps
Growth
Asset Growth (YoY)1.79%-2.89%-2.00%1.97%2.56%5.87%11.72%11.21%+924 bps
Loan Growth (YoY)16.46%12.30%10.85%8.75%9.94%13.45%13.57%11.34%+260 bps
Share Growth (YoY)-3.06%-1.94%2.68%8.26%11.45%11.80%11.62%12.21%+395 bps
Asset Quality
Delinquent Loans / Loans0.18%0.27%0.09%0.20%0.16%0.20%0.34%0.37%+17 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 Capital9.76%10.04%10.14%10.06%10.83%10.78%10.34%10.27%+21 bps
Net Worth / Assets9.76%10.04%10.14%10.06%10.83%10.78%10.34%10.27%+21 bps
Liquidity & Funding
Loans / Shares82.22%82.07%78.70%79.86%81.10%83.29%80.08%79.25%-61 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps