Grand Rapids, MI · Charter 62347
NCUA · 11 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
83
Asset Quality
21
Profitability
60
Liquidity
54
Efficiency
71
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.
Grand Rapids, MI · Charter 62347
NCUA · 11 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 | 1.50% | 1.80% | 1.83% | 1.00% | 1.09% | 1.07% | 1.05% | 1.11% | +11 bps | |
| Return on Equity | 7.51% | 8.74% | 8.99% | 6.06% | 6.34% | 6.21% | 6.08% | 6.40% | +34 bps | |
| Net Interest Margin | 3.99% | 4.06% | 3.98% | 3.46% | 4.01% | 4.18% | 4.50% | 4.49% | +103 bps | |
| Efficiency Ratio | 68.64% | 63.27% | 61.97% | 75.55% | 74.76% | 74.19% | 76.67% | 75.52% | -3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.49% | -0.62% | 1.13% | 75.24% | 74.08% | 75.13% | 72.47% | 1.62% | -7,362 bps | |
| Loan Growth (YoY) | -15.11% | -15.93% | -17.21% | 78.07% | 84.10% | 87.78% | 93.64% | -7.22% | -8,529 bps | |
| Share Growth (YoY) | -6.23% | -3.03% | -1.28% | 80.40% | 79.07% | 80.68% | 79.48% | 0.97% | -7,943 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.38% | 0.61% | 0.30% | 1.58% | 1.44% | 1.55% | 1.15% | 0.92% | -66 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 | 20.03% | 20.56% | 20.38% | 16.51% | 17.22% | 17.27% | 17.26% | 17.32% | +81 bps | |
| Net Worth / Assets | 20.03% | 20.56% | 20.38% | 16.51% | 17.22% | 17.27% | 17.26% | 17.32% | +81 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 59.54% | 56.77% | 52.03% | 59.99% | 61.21% | 59.01% | 56.13% | 55.12% | -487 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Grand Rapids, MI · Charter 62347 · Peer group: credit unions under $1B in assets in the Grand Rapids-Wyoming-Kentwood, MI area (n=24)
NCUA · 11 branches
Q2 2026
Return on Assets
1.11%
Rank 9 of 24
Net Interest Margin
4.49%
Rank 5 of 24
Efficiency Ratio
75.52%
Rank 8 of 24
Equity / Assets
17.32%
Rank 4 of 24
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.11% | 0.59% | 0.96% | 1.22% | Beats 63% | 9 / 24 | ||
| Return on Equity | 6.40% | 4.08% | 7.52% | 9.09% | Beats 38% | 15 / 24 | ||
| Net Interest Margin | 4.49% | 3.56% | 3.83% | 4.19% | Beats 79% | 5 / 24 | ||
| Efficiency Ratio | 75.52% | 75.24% | 78.47% | 83.50% | Beats 71% | 8 / 24 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.92% | 0.27% | 0.41% | 0.73% | Beats 21% | 20 / 24 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 17.32% | 10.28% | 13.92% | 16.80% | Beats 83% | 4 / 24 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 17.32% | 10.28% | 13.92% | 16.80% | Beats 83% | 4 / 24 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 55.12% | 55.12% | 69.25% | 80.19% | 25th pctl | 18 / 24 | ||
| Loans / Assets | 45.19% | 45.19% | 59.32% | 70.04% | 25th pctl | 18 / 24 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||