Grand Haven, MI · Charter 62508
NCUA · 4 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
50
Asset Quality
92
Profitability
38
Liquidity
85
Efficiency
54
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 Haven, MI · Charter 62508
NCUA · 4 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 | 0.78% | 0.81% | 0.71% | 0.88% | 0.95% | 1.12% | 1.00% | 0.96% | +8 bps | |
| Return on Equity | 6.04% | 6.41% | 5.60% | 6.84% | 7.17% | 8.23% | 7.30% | 6.87% | +3 bps | |
| Net Interest Margin | 3.16% | 3.11% | 3.16% | 3.22% | 3.35% | 3.46% | 3.48% | 3.53% | +31 bps | |
| Efficiency Ratio | 76.85% | 75.64% | 76.42% | 75.60% | 74.48% | 73.25% | 74.97% | 76.97% | +138 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.18% | 5.51% | 6.23% | 6.70% | 3.73% | -0.17% | -0.15% | -1.12% | -782 bps | |
| Loan Growth (YoY) | 4.75% | 2.92% | 0.72% | -3.04% | -3.52% | -2.88% | -2.25% | 3.34% | +638 bps | |
| Share Growth (YoY) | 3.24% | 5.35% | 5.79% | 7.10% | 2.87% | -1.64% | -1.22% | -3.07% | -1,017 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.37% | 0.31% | 0.09% | 0.08% | 0.19% | 0.21% | 0.05% | 0.05% | -2 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 | 12.94% | 12.67% | 12.68% | 12.83% | 13.23% | 13.62% | 13.69% | 13.92% | +110 bps | |
| Net Worth / Assets | 12.94% | 12.67% | 12.68% | 12.83% | 13.23% | 13.62% | 13.69% | 13.92% | +110 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 72.27% | 70.68% | 68.24% | 66.95% | 67.78% | 69.80% | 67.53% | 71.38% | +443 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
Grand Haven, MI · Charter 62508 · Peer group: credit unions under $1B in assets in the Grand Rapids-Wyoming-Kentwood, MI area (n=24)
NCUA · 4 branches
Q2 2026
Return on Assets
0.96%
Rank 12 of 24
Net Interest Margin
3.53%
Rank 19 of 24
Efficiency Ratio
76.97%
Rank 12 of 24
Equity / Assets
13.92%
Rank 12 of 24
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.96% | 0.59% | 0.96% | 1.22% | Beats 50% | 12 / 24 | ||
| Return on Equity | 6.86% | 4.08% | 7.52% | 9.09% | Beats 42% | 14 / 24 | ||
| Net Interest Margin | 3.53% | 3.56% | 3.83% | 4.19% | Beats 21% | 19 / 24 | ||
| Efficiency Ratio | 76.97% | 75.24% | 78.47% | 83.50% | Beats 54% | 12 / 24 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.05% | 0.27% | 0.41% | 0.73% | Beats 92% | 3 / 24 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 13.92% | 10.28% | 13.92% | 16.80% | Beats 50% | 12 / 24 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 13.92% | 10.28% | 13.92% | 16.80% | Beats 50% | 12 / 24 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 71.38% | 55.12% | 69.25% | 80.19% | 58th pctl | 10 / 24 | ||
| Loans / Assets | 60.81% | 45.19% | 59.32% | 70.04% | 67th pctl | 8 / 24 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||