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Ely Area

Ely, MN · Charter 63398

NCUA · 2 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, credit unions under $1B in assets in the Duluth, MN-WI area3

Basis

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.

Peer group

Credit unions under $1B in assets in the Duluth, MN-WI area (n=16). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

75

Q2 2024Q2 2026peer median (50)

Asset Quality

81

Q2 2024Q2 2026peer median (50)

Profitability

73

Q2 2024Q2 2026peer median (50)

Liquidity

2

Q2 2024Q2 2026peer median

Efficiency

100

Q2 2024Q2 2026peer median (50)

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.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Ely Area

Ely, MN · Charter 63398

NCUA · 2 branches

Q2 2026

$74.3MAssets
$25.8MLoans
$61.6MShares
$12.6MNet Worth

Return on Assets (YTD, annualized)

2.60%+22 bps YoY

Net Interest Margin (YTD, annualized)

4.08%+20 bps YoY

Efficiency Ratio (YTD, annualized)

44.36%-260 bps YoY

Net Worth / Assets

16.97%+150 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Return on Assets1.76%1.91%2.17%2.37%2.37%2.33%2.48%2.60%+22 bps
Net Interest Margin3.19%3.44%3.71%3.88%3.79%3.88%4.00%4.08%+20 bps
Asset Growth (YoY)2.77%3.71%4.15%4.76%5.66%8.56%8.70%6.78%+202 bps
Share Growth (YoY)1.25%1.96%2.42%2.87%3.82%7.07%7.12%4.80%+194 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Risk-Based Capital13.75%14.76%14.91%15.47%15.28%15.93%16.11%16.97%+150 bps
Loans / Shares42.33%42.89%42.12%43.65%40.61%41.62%40.80%41.90%-175 bps

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Ely Area

Ely, MN · Charter 63398 · Peer group: credit unions under $1B in assets in the Duluth, MN-WI area (n=16)

NCUA · 2 branches

Q2 2026

$74.3MAssets
$25.8MLoans
$61.6MShares
$12.6MNet Worth

Return on Assets

2.60%

Rank 1 of 16

Net Interest Margin

4.08%

Rank 11 of 16

Efficiency Ratio

44.32%

Rank 1 of 16

Equity / Assets

16.97%

Rank 4 of 16

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Return on Assets2.60%0.85%1.44%2.05%Beats 94%1 / 16
Net Interest Margin4.08%4.07%4.17%4.88%Beats 31%11 / 16
Nonperforming Loans / Loans0.14%0.32%0.86%1.92%Beats 81%4 / 16
Tier 1 Capital Ratio16.97%13.43%14.66%16.97%Beats 75%4 / 16
Equity / Assets16.97%13.43%14.66%16.97%Beats 75%4 / 16
Loans / Assets34.74%52.10%73.80%79.04%13th pctl14 / 16