PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Alabama State Employees

Montgomery, AL · Charter 64598

NCUA · 10 branches

Q2 2026

$471.2MAssets
$238.4MLoans
$416.6MShares
$56.6MNet 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 0.93%, down 9 bps year over year; NIM at 3.73%.
  • Asset quality: problem loans at 0.31% of loans (+7 bps YoY).
  • Capital: net worth / assets of 12.01%, down 21 bps from a year ago.
  • Funding: loans stand at 57.22% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.93%-9 bps YoY

Net Interest Margin (YTD, annualized)

3.73%-41 bps YoY

Efficiency Ratio (YTD, annualized)

78.19%+577 bps YoY

Net Worth / Assets

12.01%-21 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.02%1.09%1.05%0.72%0.93%-9 bps
Return on Equity8.37%8.80%8.61%6.06%7.75%-63 bps
Net Interest Margin4.14%4.12%3.98%3.69%3.73%-41 bps
Efficiency Ratio72.43%72.68%73.19%78.93%78.19%+577 bps
Growth
Asset Growth (YoY)5.53%6.09%8.06%9.48%11.95%+643 bps
Loan Growth (YoY)-7.88%-9.45%-8.86%-8.62%-7.21%+67 bps
Share Growth (YoY)5.38%5.55%7.46%9.38%11.85%+647 bps
Asset Quality
Delinquent Loans / Loans0.24%0.29%0.44%0.29%0.31%+7 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 Capital12.21%12.37%12.15%11.83%12.01%-21 bps
Net Worth / Assets12.21%12.37%12.15%11.83%12.01%-21 bps
Liquidity & Funding
Loans / Shares68.98%67.26%63.89%59.26%57.22%-1,176 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps