PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Harborstone

Tacoma, WA · Charter 66399

NCUA · 17 branches

Q2 2026

$3.1BAssets
$2.4BLoans
$2.6BShares
$292.8MNet 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 0.05%, down 171 bps year over year; NIM at 3.59%.
  • Asset quality: problem loans at 1.08% of loans (+23 bps YoY).
  • Capital: net worth / assets of 9.34%, down 220 bps from a year ago.
  • Funding: loans stand at 93.51% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.05%-171 bps YoY

Net Interest Margin (YTD, annualized)

3.59%+45 bps YoY

Efficiency Ratio (YTD, annualized)

82.45%+2,596 bps YoY

Net Worth / Assets

9.34%-220 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.76%0.73%0.69%0.06%0.05%-171 bps
Return on Equity15.28%7.80%7.23%0.63%0.55%-1,473 bps
Net Interest Margin3.14%2.56%2.71%3.66%3.59%+45 bps
Efficiency Ratio56.49%63.55%69.55%82.35%82.45%+2,596 bps
Growth
Asset Growth (YoY)5.09%37.58%45.66%40.68%42.09%+3,700 bps
Loan Growth (YoY)5.94%40.19%49.32%47.15%48.41%+4,247 bps
Share Growth (YoY)2.69%31.46%40.59%39.19%38.23%+3,554 bps
Asset Quality
Delinquent Loans / Loans0.84%0.88%1.04%0.80%1.08%+23 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 Capital11.54%9.33%9.50%9.60%9.34%-220 bps
Net Worth / Assets11.54%9.33%9.50%9.60%9.34%-220 bps
Liquidity & Funding
Loans / Shares87.09%91.27%89.49%89.25%93.51%+641 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps