Ludington, MI · Charter 61988
NCUA · 1 branch
Q2 2026
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.98% | 1.05% | 0.93% | -0.15% | 0.60% | -38 bps | |
| Return on Equity | 10.80% | 11.41% | 9.63% | -1.55% | 6.40% | -440 bps | |
| Net Interest Margin | 3.65% | 3.74% | 3.92% | 4.04% | 4.01% | +36 bps | |
| Efficiency Ratio | 73.45% | 71.26% | 72.07% | 78.99% | 76.72% | +327 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 15.87% | 13.98% | 5.73% | 2.97% | 0.75% | -1,512 bps | |
| Loan Growth (YoY) | 11.36% | 8.91% | 6.06% | 5.16% | -0.06% | -1,142 bps | |
| Share Growth (YoY) | 15.72% | 13.84% | 4.89% | 2.35% | -0.09% | -1,581 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.61% | 1.37% | 1.80% | 1.13% | 2.33% | +72 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.07% | 9.23% | 9.61% | 9.60% | 9.45% | +37 bps | |
| Net Worth / Assets | 9.07% | 9.23% | 9.61% | 9.60% | 9.45% | +37 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 90.49% | 90.34% | 92.25% | 92.17% | 90.51% | +2 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |