Bellingham, WA · Charter 66373
NCUA · 12 branches
Q2 2026
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.49% | 0.43% | 0.37% | 0.48% | 0.44% | 0.39% | 0.57% | 0.67% | +19 bps | |
| Return on Equity | 3.99% | 3.58% | 3.12% | 4.07% | 3.81% | 3.57% | 5.08% | 5.99% | +192 bps | |
| Net Interest Margin | 2.69% | 2.67% | 2.95% | 2.95% | 2.95% | 2.74% | 2.96% | 3.00% | +4 bps | |
| Efficiency Ratio | 72.69% | 73.27% | 72.11% | 72.70% | 72.40% | 74.06% | 74.21% | 72.00% | -70 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.54% | 6.90% | 5.59% | 7.74% | 8.49% | 12.67% | 11.15% | 11.20% | +346 bps | |
| Loan Growth (YoY) | 7.63% | 15.00% | 15.63% | 16.56% | 11.87% | 7.75% | 10.44% | 7.42% | -914 bps | |
| Share Growth (YoY) | 7.40% | 6.33% | 6.59% | 8.66% | 10.00% | 15.46% | 11.78% | 10.97% | +231 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.47% | 0.46% | 0.64% | 0.72% | 0.72% | 0.74% | 0.70% | 0.69% | -3 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 12.26% | 12.05% | 11.99% | 11.90% | 11.68% | 11.07% | 11.25% | 11.21% | -69 bps | |
| Net Worth / Assets | 12.26% | 12.05% | 11.99% | 11.90% | 11.68% | 11.07% | 11.25% | 11.21% | -69 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 97.64% | 104.03% | 100.42% | 103.96% | 99.30% | 97.09% | 99.21% | 100.64% | -333 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |