PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Financial Plus

West Des Moines, IA · Charter 62965

NCUA · 4 branches

Q2 2026

$241.7MAssets
$166.9MLoans
$206.5MShares
$34.5MNet Worth

Executive Summary

  • Earnings: ROA of 1.03%, down 18 bps year over year; NIM at 3.48%.
  • Asset quality: problem loans at 1.03% of loans (+75 bps YoY).
  • Capital: net worth / assets of 14.28%, up 25 bps from a year ago.
  • Funding: loans stand at 80.83% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

1.03%-18 bps YoY

Net Interest Margin (YTD, annualized)

3.48%-5 bps YoY

Efficiency Ratio (YTD, annualized)

73.24%+555 bps YoY

Net Worth / Assets

14.28%+25 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.44%1.36%1.17%1.21%1.24%1.22%0.85%1.03%-18 bps
Return on Equity10.39%9.74%8.52%8.65%8.67%8.58%6.01%7.22%-143 bps
Net Interest Margin3.52%3.47%3.52%3.53%3.57%3.50%3.42%3.48%-5 bps
Efficiency Ratio66.96%67.36%69.17%67.68%67.59%67.41%77.64%73.24%+555 bps
Growth
Asset Growth (YoY)7.86%8.05%8.06%4.86%6.01%6.85%6.20%6.70%+185 bps
Loan Growth (YoY)4.26%3.91%8.18%8.02%8.37%7.44%2.39%1.18%-684 bps
Share Growth (YoY)6.58%7.83%7.80%4.03%5.06%5.97%5.49%6.40%+237 bps
Asset Quality
Delinquent Loans / Loans0.78%0.82%0.36%0.28%0.40%0.93%0.53%1.03%+75 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 Capital13.85%13.93%13.77%14.04%14.27%14.26%14.10%14.28%+25 bps
Net Worth / Assets13.85%13.93%13.77%14.04%14.27%14.26%14.10%14.28%+25 bps
Liquidity & Funding
Loans / Shares83.44%83.37%83.37%85.00%86.06%84.53%80.92%80.83%-417 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps