Ionia, MI · Charter 62169
NCUA · 5 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Credit unions under $1B in assets in the Grand Rapids-Wyoming-Kentwood, MI area (n=24). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
21
Asset Quality
29
Profitability
50
Liquidity
12
Efficiency
75
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Ionia, MI · Charter 62169
NCUA · 5 branches
Q2 2026
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 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.99% | 0.91% | 0.40% | 0.82% | 0.91% | 0.87% | 0.77% | 1.07% | +25 bps | |
| Return on Equity | 10.56% | 9.65% | 4.29% | 8.40% | 9.06% | 8.74% | 7.73% | 10.55% | +215 bps | |
| Net Interest Margin | 2.71% | 2.71% | 2.89% | 3.01% | 3.07% | 3.06% | 3.20% | 3.22% | +21 bps | |
| Efficiency Ratio | 76.67% | 77.59% | 82.61% | 78.04% | 76.97% | 77.77% | 81.51% | 75.24% | -281 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.64% | 5.71% | 4.82% | 2.27% | 2.43% | 3.65% | 3.70% | 6.60% | +433 bps | |
| Loan Growth (YoY) | 0.65% | 1.33% | 1.27% | 3.64% | 1.39% | 1.62% | 2.44% | 1.01% | -263 bps | |
| Share Growth (YoY) | 4.58% | 4.44% | 3.65% | 1.01% | 1.70% | 3.02% | 3.21% | 6.89% | +588 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.76% | 0.94% | 0.33% | 0.50% | 0.59% | 0.74% | 0.22% | 0.68% | +18 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 | 9.39% | 9.44% | 9.31% | 9.80% | 10.01% | 9.97% | 9.93% | 10.18% | +38 bps | |
| Net Worth / Assets | 9.39% | 9.44% | 9.31% | 9.80% | 10.01% | 9.97% | 9.93% | 10.18% | +38 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 87.28% | 85.34% | 83.07% | 88.37% | 87.02% | 84.17% | 82.46% | 83.50% | -486 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Ionia, MI · Charter 62169 · Peer group: credit unions under $1B in assets in the Grand Rapids-Wyoming-Kentwood, MI area (n=24)
NCUA · 5 branches
Q2 2026
Return on Assets
1.07%
Rank 10 of 24
Net Interest Margin
3.22%
Rank 22 of 24
Efficiency Ratio
75.24%
Rank 7 of 24
Equity / Assets
10.18%
Rank 19 of 24
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.07% | 0.59% | 0.96% | 1.22% | Beats 58% | 10 / 24 | ||
| Return on Equity | 10.54% | 4.08% | 7.52% | 9.09% | Beats 83% | 4 / 24 | ||
| Net Interest Margin | 3.22% | 3.56% | 3.83% | 4.19% | Beats 8% | 22 / 24 | ||
| Efficiency Ratio | 75.24% | 75.24% | 78.47% | 83.50% | Beats 75% | 7 / 24 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.68% | 0.27% | 0.41% | 0.73% | Beats 29% | 18 / 24 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 10.18% | 10.28% | 13.92% | 16.80% | Beats 21% | 19 / 24 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 10.18% | 10.28% | 13.92% | 16.80% | Beats 21% | 19 / 24 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 83.50% | 55.12% | 69.25% | 80.19% | 83rd pctl | 4 / 24 | ||
| Loans / Assets | 73.52% | 45.19% | 59.32% | 70.04% | 83rd pctl | 4 / 24 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||