PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Northern Communities

Duluth, MN · Charter 64655

NCUA · 2 branches

Q2 2026

$124.3MAssets
$101.3MLoans
$108.9MShares
$13.4MNet Worth

Executive Summary

  • Earnings: ROA of 0.56%, down 18 bps year over year; NIM at 4.88%.
  • Asset quality: problem loans at 1.92% of loans (+32 bps YoY).
  • Capital: net worth / assets of 10.79%, down 16 bps from a year ago.
  • Funding: loans stand at 92.99% of shares as of Q2 2026.

Return on Assets (quarter, annualized)

0.56%-18 bps YoY

Net Interest Margin (quarter, annualized)

4.88%+3 bps YoY

Efficiency Ratio (quarter, annualized)

86.34%+913 bps YoY

Net Worth / Assets

10.79%-16 bps YoY

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.16%1.12%0.24%0.74%0.68%0.63%0.84%0.56%-18 bps
Return on Equity10.09%9.79%2.18%6.74%6.18%5.79%7.98%5.16%-157 bps
Net Interest Margin5.09%5.00%4.77%4.85%4.92%4.89%5.00%4.88%+3 bps
Efficiency Ratio73.79%73.70%79.62%77.21%75.83%75.20%83.29%86.34%+913 bps
Growth
Asset Growth (YoY)2.72%6.84%9.24%12.31%11.40%10.49%11.03%6.34%-597 bps
Loan Growth (YoY)15.91%8.67%4.82%3.67%3.88%8.30%10.49%10.00%+633 bps
Share Growth (YoY)2.36%7.58%9.21%12.50%11.41%10.73%11.85%6.60%-590 bps
Asset Quality
Delinquent Loans / Loans1.24%1.50%1.33%1.60%1.62%1.87%1.50%1.92%+32 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital11.52%11.40%10.88%10.94%11.05%10.90%10.51%10.79%-16 bps
Net Worth / Assets11.52%11.40%10.88%10.94%11.05%10.90%10.51%10.79%-16 bps
Liquidity & Funding
Loans / Shares99.55%95.40%89.38%90.12%92.81%93.30%88.29%92.99%+288 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps