PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

San Mateo City Employees

San Mateo, CA · Charter 6326

NCUA · 3 branches

Q2 2026

$31.8MAssets
$4.7MLoans
$25.9MShares
$5.8MNet 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 0.34%, up 47 bps year over year; NIM at 1.60%.
  • Asset quality: problem loans at 0.00% of loans (-364 bps YoY).
  • Capital: net worth / assets of 18.36%, up 163 bps from a year ago.
  • Funding: loans stand at 18.20% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.34%+47 bps YoY

Net Interest Margin (YTD, annualized)

1.60%+39 bps YoY

Efficiency Ratio (YTD, annualized)

74.18%-771 bps YoY

Net Worth / Assets

18.36%+163 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.13%0.26%0.29%0.19%0.34%+47 bps
Return on Equity-0.76%1.44%1.56%1.08%1.87%+263 bps
Net Interest Margin1.21%1.31%1.42%1.44%1.60%+39 bps
Efficiency Ratio81.89%87.26%84.82%82.54%74.18%-771 bps
Growth
Asset Growth (YoY)-6.10%-9.19%-11.06%-8.83%-8.44%-234 bps
Loan Growth (YoY)-11.40%-15.37%-12.80%-10.80%-13.05%-165 bps
Share Growth (YoY)-7.35%-11.13%-13.52%-10.73%-10.31%-296 bps
Asset Quality
Delinquent Loans / Loans3.64%3.96%1.09%0.72%0.00%-364 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 Capital16.73%17.71%18.27%17.47%18.36%+163 bps
Net Worth / Assets16.73%17.71%18.27%17.47%18.36%+163 bps
Liquidity & Funding
Loans / Shares18.77%19.47%19.62%18.12%18.20%-57 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps