PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Northern

Chicago, IL · Charter 66359

NCUA · 4 branches

Q2 2026

$333.2MAssets
$233.2MLoans
$288.2MShares
$37.7MNet Worth

Executive Summary

  • Earnings: ROA of 1.93%, up 128 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 0.71% of loans (+1 bps YoY).
  • Capital: net worth / assets of 11.31%, up 119 bps from a year ago.
  • Funding: loans stand at 80.93% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

1.93%+128 bps YoY

Net Interest Margin (YTD, annualized)

4.24%+29 bps YoY

Efficiency Ratio (YTD, annualized)

67.77%-1,567 bps YoY

Net Worth / Assets

11.31%+119 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.32%1.03%0.33%0.65%0.64%0.69%0.70%1.93%+128 bps
Return on Equity13.56%10.76%3.37%6.46%6.12%6.56%6.71%17.08%+1,062 bps
Net Interest Margin3.56%3.55%3.80%3.96%4.09%4.09%4.06%4.24%+29 bps
Efficiency Ratio71.82%76.13%88.57%83.44%83.16%82.46%81.70%67.77%-1,567 bps
Growth
Asset Growth (YoY)-5.19%-4.03%-4.26%-2.55%-2.20%-2.76%-0.01%1.27%+383 bps
Loan Growth (YoY)1.67%-0.77%0.52%0.59%1.32%4.49%5.32%6.59%+600 bps
Share Growth (YoY)-5.10%-3.12%-5.32%-4.29%-3.57%-4.80%-2.03%-1.12%+317 bps
Asset Quality
Delinquent Loans / Loans0.86%0.73%0.70%0.70%0.88%0.92%0.63%0.71%+1 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 Capital9.72%9.59%9.71%10.12%10.48%10.55%10.47%11.31%+119 bps
Net Worth / Assets9.72%9.59%9.71%10.12%10.48%10.55%10.47%11.31%+119 bps
Liquidity & Funding
Loans / Shares74.53%72.28%72.46%75.07%78.30%79.32%77.90%80.93%+586 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps