PackageTrendsPeer
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Wmcu

Grand Rapids, MI · Charter 62347

NCUA · 11 branches

Q2 2026

$455.4MAssets
$205.8MLoans
$373.3MShares
$78.9MNet 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 1.11%, up 11 bps year over year; NIM at 4.49%.
  • Asset quality: problem loans at 0.92% of loans (-66 bps YoY).
  • Capital: net worth / assets of 17.32%, up 81 bps from a year ago.
  • Funding: loans stand at 55.12% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.11%+11 bps YoY

Net Interest Margin (YTD, annualized)

4.49%+103 bps YoY

Efficiency Ratio (YTD, annualized)

75.52%-3 bps YoY

Net Worth / Assets

17.32%+81 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.00%1.09%1.07%1.05%1.11%+11 bps
Return on Equity6.06%6.34%6.21%6.08%6.40%+34 bps
Net Interest Margin3.46%4.01%4.18%4.50%4.49%+103 bps
Efficiency Ratio75.55%74.76%74.19%76.67%75.52%-3 bps
Growth
Asset Growth (YoY)75.24%74.08%75.13%72.47%1.62%-7,362 bps
Loan Growth (YoY)78.07%84.10%87.78%93.64%-7.22%-8,529 bps
Share Growth (YoY)80.40%79.07%80.68%79.48%0.97%-7,943 bps
Asset Quality
Delinquent Loans / Loans1.58%1.44%1.55%1.15%0.92%-66 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 Capital16.51%17.22%17.27%17.26%17.32%+81 bps
Net Worth / Assets16.51%17.22%17.27%17.26%17.32%+81 bps
Liquidity & Funding
Loans / Shares59.99%61.21%59.01%56.13%55.12%-487 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps