PackageTrendsPeer
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Meijer

Grand Rapids, MI · Charter 62393

NCUA · 3 branches

Q2 2026

$128.1MAssets
$93.9MLoans
$114.4MShares
$12.1MNet 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 1.22%, up 22 bps year over year; NIM at 3.90%.
  • Asset quality: problem loans at 0.29% of loans (-10 bps YoY).
  • Capital: net worth / assets of 9.45%, up 10 bps from a year ago.
  • Funding: loans stand at 82.03% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.22%+22 bps YoY

Net Interest Margin (quarter, annualized)

3.90%-11 bps YoY

Efficiency Ratio (quarter, annualized)

75.78%-405 bps YoY

Net Worth / Assets

9.45%+10 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.00%1.16%1.12%1.18%1.22%+22 bps
Return on Equity10.71%11.82%11.41%12.17%12.95%+224 bps
Net Interest Margin4.01%4.19%4.12%4.01%3.90%-11 bps
Efficiency Ratio79.82%77.77%76.51%78.07%75.78%-405 bps
Growth
Asset Growth (YoY)10.64%11.78%10.38%8.65%13.18%+255 bps
Loan Growth (YoY)17.78%15.10%8.35%9.53%17.41%-37 bps
Share Growth (YoY)9.01%9.81%8.85%8.02%13.57%+456 bps
Asset Quality
Delinquent Loans / Loans0.39%0.76%0.81%0.25%0.29%-10 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 Capital9.35%9.82%9.80%9.69%9.45%+10 bps
Net Worth / Assets9.35%9.82%9.80%9.69%9.45%+10 bps
Liquidity & Funding
Loans / Shares79.35%83.84%80.39%78.85%82.03%+268 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps