PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Great Lakes First

Escanaba, MI · Charter 6102

NCUA · 2 branches

Q2 2026

$105.4MAssets
$42.3MLoans
$96.2MShares
$10.9MNet 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 0.77%, up 12 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 1.15% of loans (+62 bps YoY).
  • Capital: net worth / assets of 10.32%, up 22 bps from a year ago.
  • Funding: loans stand at 44.00% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.77%+12 bps YoY

Net Interest Margin (quarter, annualized)

3.60%+25 bps YoY

Efficiency Ratio (quarter, annualized)

80.31%-376 bps YoY

Net Worth / Assets

10.32%+22 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.65%0.72%0.81%0.67%0.77%+12 bps
Return on Equity6.46%7.08%7.96%6.63%7.49%+103 bps
Net Interest Margin3.36%3.40%3.43%3.47%3.60%+25 bps
Efficiency Ratio84.07%82.69%80.75%83.78%80.31%-376 bps
Growth
Asset Growth (YoY)5.09%4.72%6.39%5.79%6.87%+177 bps
Loan Growth (YoY)-2.82%0.43%2.67%4.55%5.33%+815 bps
Share Growth (YoY)2.66%3.14%3.67%3.93%5.88%+322 bps
Asset Quality
Delinquent Loans / Loans0.53%0.67%0.61%0.70%1.15%+62 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 Capital10.09%10.19%10.23%10.07%10.32%+22 bps
Net Worth / Assets10.09%10.19%10.23%10.07%10.32%+22 bps
Liquidity & Funding
Loans / Shares44.23%44.71%44.12%42.58%44.00%-23 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps