PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

North Central Area

Houghton Lake, MI · Charter 61953

NCUA · 6 branches

Q2 2026

$271.7MAssets
$204.4MLoans
$240.0MShares
$31.4MNet Worth

Executive Summary

  • Earnings: ROA of 1.36%, up 4 bps year over year; NIM at 4.36%.
  • Asset quality: problem loans at 0.95% of loans (-38 bps YoY).
  • Capital: net worth / assets of 11.55%, up 71 bps from a year ago.
  • Funding: loans stand at 85.17% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

1.36%+4 bps YoY

Net Interest Margin (YTD, annualized)

4.36%+9 bps YoY

Efficiency Ratio (YTD, annualized)

72.17%+323 bps YoY

Net Worth / Assets

11.55%+71 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.33%1.24%1.25%1.32%1.33%1.28%1.38%1.36%+4 bps
Return on Equity12.39%11.61%11.47%12.13%11.97%11.34%12.24%11.77%-36 bps
Net Interest Margin4.00%3.99%4.43%4.27%4.32%4.29%4.37%4.36%+9 bps
Efficiency Ratio70.53%71.23%70.37%68.94%70.06%71.41%73.39%72.17%+323 bps
Growth
Asset Growth (YoY)4.45%8.05%7.42%9.86%8.45%7.89%9.78%6.64%-322 bps
Loan Growth (YoY)11.72%10.56%13.40%18.30%17.31%15.34%15.62%15.27%-303 bps
Share Growth (YoY)2.24%7.35%7.51%10.18%8.94%7.69%8.51%5.32%-486 bps
Asset Quality
Delinquent Loans / Loans1.52%1.80%1.19%1.34%1.78%1.58%0.88%0.95%-38 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 Capital10.72%10.71%10.86%10.84%11.12%11.25%11.31%11.55%+71 bps
Net Worth / Assets10.72%10.71%10.86%10.84%11.12%11.25%11.31%11.55%+71 bps
Liquidity & Funding
Loans / Shares74.65%74.67%74.96%77.82%80.38%79.97%79.87%85.17%+735 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps