PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Tba

Traverse City, MI · Charter 61795

NCUA · 2 branches

Q2 2026

$389.9MAssets
$262.6MLoans
$328.5MShares
$57.7MNet 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 1.20%, down 23 bps year over year; NIM at 4.44%.
  • Asset quality: problem loans at 0.42% of loans (-89 bps YoY).
  • Capital: net worth / assets of 14.79%, up 58 bps from a year ago.
  • Funding: loans stand at 79.93% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.20%-23 bps YoY

Net Interest Margin (quarter, annualized)

4.44%+30 bps YoY

Efficiency Ratio (quarter, annualized)

66.33%+172 bps YoY

Net Worth / Assets

14.79%+58 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.43%1.44%1.37%1.09%1.20%-23 bps
Return on Equity10.05%9.84%9.38%7.44%8.08%-197 bps
Net Interest Margin4.14%4.28%4.37%4.46%4.44%+30 bps
Efficiency Ratio64.62%63.47%63.55%68.10%66.33%+172 bps
Growth
Asset Growth (YoY)5.57%2.74%2.42%3.71%4.49%-108 bps
Loan Growth (YoY)8.79%7.50%5.60%4.05%0.58%-821 bps
Share Growth (YoY)4.74%1.79%1.53%3.09%3.80%-94 bps
Asset Quality
Delinquent Loans / Loans1.31%1.06%1.91%1.65%0.42%-89 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 Capital14.21%14.59%14.61%14.69%14.79%+58 bps
Net Worth / Assets14.21%14.59%14.61%14.69%14.79%+58 bps
Liquidity & Funding
Loans / Shares82.50%83.85%82.01%80.67%79.93%-256 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps