PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Michigan One Community

Ionia, MI · Charter 62169

NCUA · 5 branches

Q2 2026

$240.2MAssets
$176.6MLoans
$211.5MShares
$24.4MNet Worth

Executive Summary

  • Earnings: ROA of 1.07%, up 25 bps year over year; NIM at 3.22%.
  • Asset quality: problem loans at 0.68% of loans (+18 bps YoY).
  • Capital: net worth / assets of 10.18%, up 38 bps from a year ago.
  • Funding: loans stand at 83.50% of shares as of Q2 2026.

Return on Assets (quarter, annualized)

1.07%+25 bps YoY

Net Interest Margin (quarter, annualized)

3.22%+21 bps YoY

Efficiency Ratio (quarter, annualized)

75.24%-281 bps YoY

Net Worth / Assets

10.18%+38 bps YoY

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.99%0.91%0.40%0.82%0.91%0.87%0.77%1.07%+25 bps
Return on Equity10.56%9.65%4.29%8.40%9.06%8.74%7.73%10.55%+215 bps
Net Interest Margin2.71%2.71%2.89%3.01%3.07%3.06%3.20%3.22%+21 bps
Efficiency Ratio76.67%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 / Loans0.76%0.94%0.33%0.50%0.59%0.74%0.22%0.68%+18 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital9.39%9.44%9.31%9.80%10.01%9.97%9.93%10.18%+38 bps
Net Worth / Assets9.39%9.44%9.31%9.80%10.01%9.97%9.93%10.18%+38 bps
Liquidity & Funding
Loans / Shares87.28%85.34%83.07%88.37%87.02%84.17%82.46%83.50%-486 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps