PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Wheelhouse

San Diego, CA · Charter 61003

NCUA · 5 branches

Q2 2026

$459.7MAssets
$381.7MLoans
$409.8MShares
$38.8MNet 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 1.29%, up 103 bps year over year; NIM at 3.68%.
  • Asset quality: problem loans at 0.13% of loans (+6 bps YoY).
  • Capital: net worth / assets of 8.43%, up 55 bps from a year ago.
  • Funding: loans stand at 93.14% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.29%+103 bps YoY

Net Interest Margin (quarter, annualized)

3.68%+29 bps YoY

Efficiency Ratio (quarter, annualized)

71.64%-1,864 bps YoY

Net Worth / Assets

8.43%+55 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.26%0.22%0.72%0.33%1.29%+103 bps
Return on Equity3.32%2.78%9.03%4.23%15.32%+1,200 bps
Net Interest Margin3.40%3.46%3.39%3.68%3.68%+29 bps
Efficiency Ratio90.27%90.19%79.09%88.69%71.64%-1,864 bps
Growth
Asset Growth (YoY)-4.41%-3.08%1.45%6.74%9.42%+1,382 bps
Loan Growth (YoY)-1.67%-0.09%7.80%6.69%10.91%+1,258 bps
Share Growth (YoY)0.48%0.65%3.79%3.93%8.71%+823 bps
Asset Quality
Delinquent Loans / Loans0.08%0.04%0.03%0.04%0.13%+6 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 Capital7.88%7.82%7.99%7.92%8.43%+55 bps
Net Worth / Assets7.88%7.82%7.99%7.92%8.43%+55 bps
Liquidity & Funding
Loans / Shares91.29%91.62%94.13%91.17%93.14%+185 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps