PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Serve

Des Moines, IA · Charter 65150

NCUA · 2 branches

Q2 2026

$101.3MAssets
$71.7MLoans
$82.2MShares
$18.3MNet Worth

Executive Summary

  • Earnings: ROA of 1.44%, up 1 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 0.81% of loans (-9 bps YoY).
  • Capital: net worth / assets of 18.08%, up 104 bps from a year ago.
  • Funding: loans stand at 87.15% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

1.44%+1 bps YoY

Net Interest Margin (YTD, annualized)

4.02%+7 bps YoY

Efficiency Ratio (YTD, annualized)

67.15%+114 bps YoY

Net Worth / Assets

18.08%+104 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.52%1.40%1.12%1.43%1.47%1.40%1.13%1.44%+1 bps
Return on Equity9.31%8.35%6.69%8.36%8.34%7.85%6.36%7.96%-40 bps
Net Interest Margin3.71%3.80%3.91%3.95%4.07%4.07%3.98%4.02%+7 bps
Efficiency Ratio63.88%66.23%69.97%66.01%65.79%66.99%72.67%67.15%+114 bps
Growth
Asset Growth (YoY)-0.53%-1.20%-1.24%-1.84%-0.17%1.70%2.16%2.09%+392 bps
Loan Growth (YoY)-7.07%-6.66%-7.09%-4.59%-3.73%-3.51%-2.22%-3.90%+69 bps
Share Growth (YoY)0.29%-2.10%-2.66%-3.17%-1.68%0.46%0.87%0.66%+383 bps
Asset Quality
Delinquent Loans / Loans0.31%0.41%0.52%0.90%0.69%0.95%0.84%0.81%-9 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 Capital16.30%16.73%16.68%17.04%17.68%17.85%17.70%18.08%+104 bps
Net Worth / Assets16.30%16.73%16.68%17.04%17.68%17.85%17.70%18.08%+104 bps
Liquidity & Funding
Loans / Shares94.75%94.92%90.46%91.29%92.77%91.17%87.69%87.15%-413 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps