Ishpeming, MI · Charter 6332
NCUA · 3 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 | 0.18% | 0.16% | 0.28% | 0.37% | 0.48% | 0.60% | 0.83% | 0.95% | +57 bps | |
| Return on Equity | 2.11% | 1.80% | 3.06% | 3.88% | 4.87% | 6.06% | 8.54% | 9.45% | +557 bps | |
| Net Interest Margin | 2.18% | 2.35% | 2.67% | 2.89% | 3.00% | 3.09% | 3.25% | 3.39% | +50 bps | |
| Efficiency Ratio | 90.83% | 91.93% | 88.89% | 87.60% | 84.96% | 82.61% | 78.53% | 77.21% | -1,039 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.04% | -6.15% | -6.09% | -8.06% | -7.18% | -2.32% | 0.57% | 5.24% | +1,331 bps | |
| Loan Growth (YoY) | -4.34% | -10.85% | -11.61% | -9.67% | -6.77% | -3.96% | -0.61% | 6.74% | +1,641 bps | |
| Share Growth (YoY) | -1.91% | -2.42% | -3.54% | -2.63% | -0.15% | 2.81% | 4.34% | 4.46% | +709 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.04% | 0.08% | 0.18% | 0.10% | 0.10% | 0.27% | 0.24% | 0.31% | +21 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 | 8.73% | 9.03% | 9.07% | 9.61% | 9.79% | 9.84% | 9.74% | 10.00% | +39 bps | |
| Net Worth / Assets | 8.73% | 9.03% | 9.07% | 9.61% | 9.79% | 9.84% | 9.74% | 10.00% | +39 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 66.05% | 64.88% | 61.60% | 61.22% | 61.67% | 60.60% | 58.68% | 62.55% | +133 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |