PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Loc

Farmington, MI · Charter 61404

NCUA · 6 branches

Q2 2026

$485.0MAssets
$249.0MLoans
$434.2MShares
$49.3MNet 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 1.00%, up 11 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.36% of loans (-20 bps YoY).
  • Capital: net worth / assets of 10.16%, up 42 bps from a year ago.
  • Funding: loans stand at 57.35% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.00%+11 bps YoY

Net Interest Margin (YTD, annualized)

3.62%+11 bps YoY

Efficiency Ratio (YTD, annualized)

76.77%-274 bps YoY

Net Worth / Assets

10.16%+42 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.89%0.88%0.91%1.05%1.00%+11 bps
Return on Equity9.13%8.93%9.02%10.53%9.87%+75 bps
Net Interest Margin3.51%3.55%3.55%3.56%3.62%+11 bps
Efficiency Ratio79.51%79.56%78.86%76.26%76.77%-274 bps
Growth
Asset Growth (YoY)3.15%4.08%4.73%5.57%5.23%+209 bps
Loan Growth (YoY)3.35%0.46%-0.58%-1.44%-3.04%-638 bps
Share Growth (YoY)1.55%3.02%3.39%5.04%4.83%+329 bps
Asset Quality
Delinquent Loans / Loans0.56%0.49%0.48%0.17%0.36%-20 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 Capital9.74%9.88%10.03%9.96%10.16%+42 bps
Net Worth / Assets9.74%9.88%10.03%9.96%10.16%+42 bps
Liquidity & Funding
Loans / Shares62.00%61.39%60.72%57.73%57.35%-465 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps