PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Lake Superior

Ontonagon, MI · Charter 65085

NCUA · 1 branch

Q2 2026

$11.2MAssets
$5.9MLoans
$9.5MShares
$1.6MNet 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 2.19%, down 27 bps year over year; NIM at 4.44%.
  • Asset quality: problem loans at 0.17% of loans (-35 bps YoY).
  • Capital: net worth / assets of 14.32%, up 146 bps from a year ago.
  • Funding: loans stand at 61.91% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.19%-27 bps YoY

Net Interest Margin (YTD, annualized)

4.44%-32 bps YoY

Efficiency Ratio (YTD, annualized)

57.63%+275 bps YoY

Net Worth / Assets

14.32%+146 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets2.46%2.54%2.39%1.90%2.19%-27 bps
Return on Equity19.15%19.00%17.27%13.55%15.28%-387 bps
Net Interest Margin4.76%4.77%4.75%4.44%4.44%-32 bps
Efficiency Ratio54.88%53.51%56.43%63.18%57.63%+275 bps
Growth
Asset Growth (YoY)4.09%4.01%5.26%3.98%6.27%+218 bps
Loan Growth (YoY)5.44%2.83%9.90%10.93%13.72%+828 bps
Share Growth (YoY)1.52%1.59%3.17%1.88%4.50%+298 bps
Asset Quality
Delinquent Loans / Loans0.52%0.38%0.66%0.06%0.17%-35 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 Capital12.86%13.38%13.83%14.00%14.32%+146 bps
Net Worth / Assets12.86%13.38%13.83%14.00%14.32%+146 bps
Liquidity & Funding
Loans / Shares56.89%57.65%60.45%58.50%61.91%+502 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps