PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Alpena-Alcona Area

Alpena, MI · Charter 62035

NCUA · 13 branches

Q2 2026

$975.7MAssets
$614.6MLoans
$848.5MShares
$118.8MNet 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 1.39%, down 9 bps year over year; NIM at 3.40%.
  • Asset quality: problem loans at 0.85% of loans (+21 bps YoY).
  • Capital: net worth / assets of 12.18%, up 47 bps from a year ago.
  • Funding: loans stand at 72.43% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.39%-9 bps YoY

Net Interest Margin (quarter, annualized)

3.40%+7 bps YoY

Efficiency Ratio (quarter, annualized)

59.29%+14 bps YoY

Net Worth / Assets

12.18%+47 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.49%1.57%1.44%1.53%1.39%-9 bps
Return on Equity12.69%13.11%11.92%12.70%11.44%-126 bps
Net Interest Margin3.33%3.38%3.40%3.41%3.40%+7 bps
Efficiency Ratio59.14%57.12%59.45%57.09%59.29%+14 bps
Growth
Asset Growth (YoY)9.89%9.14%8.06%8.61%8.06%-183 bps
Loan Growth (YoY)16.25%16.86%14.98%13.48%11.39%-485 bps
Share Growth (YoY)9.46%8.55%7.33%8.04%7.62%-184 bps
Asset Quality
Delinquent Loans / Loans0.64%0.73%0.79%0.61%0.85%+21 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 Capital11.71%11.95%12.04%12.08%12.18%+47 bps
Net Worth / Assets11.71%11.95%12.04%12.08%12.18%+47 bps
Liquidity & Funding
Loans / Shares69.98%71.61%72.57%70.59%72.43%+245 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps