PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Michigan Schools and Government

Clinton Townshi, MI · Charter 62049

NCUA · 24 branches

Q2 2026

$4.4BAssets
$3.8BLoans
$3.7BShares
$556.9MNet 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 1.47%, up 51 bps year over year; NIM at 2.92%.
  • Asset quality: problem loans at 0.61% of loans (+3 bps YoY).
  • Capital: net worth / assets of 12.63%, up 49 bps from a year ago.
  • Funding: loans stand at 103.02% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.47%+51 bps YoY

Net Interest Margin (YTD, annualized)

2.92%+36 bps YoY

Efficiency Ratio (YTD, annualized)

54.70%-855 bps YoY

Net Worth / Assets

12.63%+49 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.96%1.16%1.10%0.74%1.47%+51 bps
Return on Equity7.88%9.40%8.97%6.08%11.60%+373 bps
Net Interest Margin2.56%2.63%2.65%2.87%2.92%+36 bps
Efficiency Ratio63.25%59.43%59.61%67.34%54.70%-855 bps
Growth
Asset Growth (YoY)9.29%9.52%9.92%10.08%7.66%-163 bps
Loan Growth (YoY)10.56%9.88%9.13%8.63%7.74%-282 bps
Share Growth (YoY)11.45%8.94%9.59%9.78%7.15%-430 bps
Asset Quality
Delinquent Loans / Loans0.58%0.55%0.64%0.38%0.61%+3 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 Capital12.13%12.33%12.25%12.20%12.63%+49 bps
Net Worth / Assets12.13%12.33%12.25%12.20%12.63%+49 bps
Liquidity & Funding
Loans / Shares102.46%105.18%103.91%100.98%103.02%+56 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps