PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Employees'

Raleigh, NC · Charter 66310

NCUA · 286 branches

Q2 2026

$60.0BAssets
$38.7BLoans
$53.5BShares
$6.1BNet 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 0.72%, up 8 bps year over year; NIM at 2.86%.
  • Asset quality: problem loans at 2.38% of loans (+16 bps YoY).
  • Capital: net worth / assets of 10.12%, up 7 bps from a year ago.
  • Funding: loans stand at 72.30% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.72%+8 bps YoY

Net Interest Margin (quarter, annualized)

2.86%+25 bps YoY

Efficiency Ratio (quarter, annualized)

63.47%-637 bps YoY

Net Worth / Assets

10.12%+7 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.64%0.70%0.69%0.64%0.72%+8 bps
Return on Equity6.41%6.86%6.83%6.37%7.13%+72 bps
Net Interest Margin2.61%2.67%2.66%2.84%2.86%+25 bps
Efficiency Ratio69.84%67.74%66.74%65.31%63.47%-637 bps
Growth
Asset Growth (YoY)-0.52%-0.77%9.69%7.88%6.70%+722 bps
Loan Growth (YoY)6.42%6.71%6.34%5.85%5.64%-78 bps
Share Growth (YoY)9.05%9.12%9.26%7.62%6.42%-262 bps
Asset Quality
Delinquent Loans / Loans2.22%2.41%2.63%1.44%2.38%+16 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 Capital10.06%10.16%10.10%9.98%10.12%+7 bps
Net Worth / Assets10.06%10.16%10.10%9.98%10.12%+7 bps
Liquidity & Funding
Loans / Shares72.84%73.49%72.64%71.08%72.30%-54 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps