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Heritage USA

Midland, TX · Charter 6434

NCUA · 3 branches

Q2 2026

$98.5MAssets
$79.3MLoans
$87.5MShares
$8.7MNet 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 -1.02%, down 128 bps year over year; NIM at 4.67%.
  • Asset quality: problem loans at 1.14% of loans (-77 bps YoY).
  • Capital: net worth / assets of 8.80%, down 167 bps from a year ago.
  • Funding: loans stand at 90.58% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-1.02%-128 bps YoY

Net Interest Margin (YTD, annualized)

4.67%-21 bps YoY

Efficiency Ratio (YTD, annualized)

90.88%+921 bps YoY

Net Worth / Assets

8.80%-167 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.26%-0.29%-1.75%-2.31%-1.02%-128 bps
Return on Equity2.44%-2.82%-19.47%-25.49%-11.61%-1,405 bps
Net Interest Margin4.89%4.75%4.89%4.51%4.67%-21 bps
Efficiency Ratio81.67%84.98%90.19%75.91%90.88%+921 bps
Growth
Asset Growth (YoY)10.51%0.01%-1.52%-8.84%-7.01%-1,753 bps
Loan Growth (YoY)7.23%5.68%3.71%3.52%-2.74%-997 bps
Share Growth (YoY)10.41%-0.78%-1.09%-9.38%-4.82%-1,523 bps
Asset Quality
Delinquent Loans / Loans1.90%3.26%2.67%1.91%1.14%-77 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 Capital10.48%10.11%9.01%9.05%8.80%-167 bps
Net Worth / Assets10.48%10.11%9.01%9.05%8.80%-167 bps
Liquidity & Funding
Loans / Shares88.64%90.34%90.28%89.89%90.58%+194 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps