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Armco

Butler, PA · Charter 65291

NCUA · 5 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, credit unions under $1B in assets in the Pittsburgh, PA area3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Credit unions under $1B in assets in the Pittsburgh, PA area (n=78). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

40

Q2 2024Q2 2026peer median (50)

Asset Quality

68

Q2 2024Q2 2026peer median (50)

Profitability

45

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

62

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Armco

Butler, PA · Charter 65291

NCUA · 5 branches

Q2 2026

$719.5MAssets
$513.6MLoans
$622.4MShares
$98.3MNet 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 0.96%, up 23 bps year over year; NIM at 3.01%.
  • Asset quality: problem loans at 0.55% of loans (+18 bps YoY).
  • Capital: net worth / assets of 13.66%, up 68 bps from a year ago.
  • Funding: loans stand at 82.53% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.96%+23 bps YoY

Net Interest Margin (YTD, annualized)

3.01%+44 bps YoY

Efficiency Ratio (YTD, annualized)

72.37%-162 bps YoY

Net Worth / Assets

13.66%+68 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.73%0.87%0.88%0.72%0.96%+23 bps
Return on Equity5.62%6.88%6.60%5.35%7.03%+141 bps
Net Interest Margin2.57%2.64%2.70%2.88%3.01%+44 bps
Efficiency Ratio74.00%72.06%73.04%76.87%72.37%-162 bps
Growth
Asset Growth (YoY)19.59%17.98%15.05%10.30%4.04%-1,555 bps
Loan Growth (YoY)5.97%6.97%10.83%12.14%11.34%+537 bps
Share Growth (YoY)20.82%18.66%15.81%10.22%3.44%-1,738 bps
Asset Quality
Delinquent Loans / Loans0.37%0.46%0.54%0.47%0.55%+18 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 Capital12.97%12.70%13.35%13.39%13.66%+68 bps
Net Worth / Assets12.97%12.70%13.35%13.39%13.66%+68 bps
Liquidity & Funding
Loans / Shares76.67%75.82%75.96%80.09%82.53%+585 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Armco

Butler, PA · Charter 65291 · Peer group: credit unions under $1B in assets in the Pittsburgh, PA area (n=78)

NCUA · 5 branches

Q2 2026

$719.5MAssets
$513.6MLoans
$622.4MShares
$98.3MNet Worth

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 68% of credit unions under $1B in assets in the Pittsburgh, PA area (rank 26 of 78).
  • Widest gap: net interest margin trails 78% of credit unions under $1B in assets in the Pittsburgh, PA area (rank 61 of 78).
  • Overall: at or above the peer median on 4 of 7 directional measures.

Return on Assets

0.96%

Rank 35 of 78

Net Interest Margin

3.01%

Rank 61 of 78

Efficiency Ratio

72.38%

Rank 31 of 78

Equity / Assets

13.66%

Rank 47 of 78

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.96%0.37%0.83%1.31%Beats 55%35 / 78
Return on Equity7.03%1.73%5.71%9.08%Beats 58%33 / 78
Net Interest Margin3.01%3.17%3.63%4.21%Beats 22%61 / 78
Efficiency Ratio72.38%65.01%78.15%89.28%Beats 62%31 / 78
Asset Quality
Nonperforming Loans / Loans0.55%0.40%0.84%1.97%Beats 68%26 / 78
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio13.66%12.42%15.10%18.27%Beats 40%47 / 78
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets13.66%12.42%15.10%18.27%Beats 40%47 / 78
Liquidity & Funding
Loans / Deposits82.53%34.83%50.41%71.84%90th pctl8 / 78
Loans / Assets71.39%29.34%41.02%56.96%94th pctl5 / 78
Brokered Deposits / Depositsn/aNot reported for this institution