PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Harborlight

Whitehall, MI · Charter 62066

NCUA · 2 branches

Q2 2026

$170.1MAssets
$109.3MLoans
$149.3MShares
$19.3MNet 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 1.06%, down 2 bps year over year; NIM at 4.13%.
  • Asset quality: problem loans at 0.35% of loans (+28 bps YoY).
  • Capital: net worth / assets of 11.32%, up 82 bps from a year ago.
  • Funding: loans stand at 73.20% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.06%-2 bps YoY

Net Interest Margin (YTD, annualized)

4.13%+28 bps YoY

Efficiency Ratio (YTD, annualized)

76.67%-282 bps YoY

Net Worth / Assets

11.32%+82 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.08%1.20%1.27%0.83%1.06%-2 bps
Return on Equity10.28%10.90%11.23%7.50%9.38%-90 bps
Net Interest Margin3.85%4.04%4.12%4.07%4.13%+28 bps
Efficiency Ratio79.49%77.83%77.36%78.93%76.67%-282 bps
Growth
Asset Growth (YoY)4.41%2.93%3.03%3.93%3.58%-83 bps
Loan Growth (YoY)4.42%5.06%2.99%1.02%1.02%-340 bps
Share Growth (YoY)3.87%2.24%2.06%3.21%2.84%-103 bps
Asset Quality
Delinquent Loans / Loans0.07%0.10%0.48%0.17%0.35%+28 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 Capital10.50%10.99%11.33%11.05%11.32%+82 bps
Net Worth / Assets10.50%10.99%11.33%11.05%11.32%+82 bps
Liquidity & Funding
Loans / Shares74.52%77.34%77.30%72.74%73.20%-131 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps