Ludington, MI · Charter 61988
NCUA · 1 branch
Q2 2026
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.14% | 1.09% | 1.00% | 0.98% | 1.05% | 0.93% | -0.15% | 0.60% | -38 bps | |
| Return on Equity | 12.50% | 12.14% | 10.97% | 10.80% | 11.41% | 9.63% | -1.55% | 6.40% | -440 bps | |
| Net Interest Margin | 3.70% | 3.59% | 3.71% | 3.65% | 3.74% | 3.92% | 4.04% | 4.01% | +36 bps | |
| Efficiency Ratio | 72.73% | 70.85% | 73.66% | 73.45% | 71.26% | 72.07% | 78.99% | 76.72% | +327 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.02% | 18.87% | 14.21% | 15.87% | 13.98% | 5.73% | 2.97% | 0.75% | -1,512 bps | |
| Loan Growth (YoY) | 13.76% | 12.57% | 9.45% | 11.36% | 8.91% | 6.06% | 5.16% | -0.06% | -1,142 bps | |
| Share Growth (YoY) | 17.89% | 27.53% | 13.97% | 15.72% | 13.84% | 4.89% | 2.35% | -0.09% | -1,581 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.27% | 1.19% | 1.08% | 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 | n/a | n/a | n/a |
| Allowance / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.11% | 9.02% | 9.13% | 9.07% | 9.23% | 9.61% | 9.60% | 9.45% | +37 bps | |
| Net Worth / Assets | 9.11% | 9.02% | 9.13% | 9.07% | 9.23% | 9.61% | 9.60% | 9.45% | +37 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 94.43% | 91.24% | 89.71% | 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% | 0.00% | 0.00% | 0.00% | 0 bps | |