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National J. A. C. L.

Salt Lake City, UT · Charter 67005

NCUA · 2 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 Salt Lake City-Murray, UT 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 Salt Lake City-Murray, UT area (n=23 to 24). 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

17

Q2 2024Q2 2026peer median (50)

Asset Quality

17

Q2 2024Q2 2026peer median (50)

Profitability

11

Q2 2024Q2 2026peer median (50)

Liquidity

97

Q2 2024Q2 2026peer median

Efficiency

8

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

National J. A. C. L.

Salt Lake City, UT · Charter 67005

NCUA · 2 branches

Q2 2026

$38.6MAssets
$21.3MLoans
$33.6MShares
$3.7MNet 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 -0.07%, up 3 bps year over year; NIM at 2.78%.
  • Asset quality: problem loans at 1.71% of loans (+113 bps YoY).
  • Capital: net worth / assets of 9.69%, up 1 bps from a year ago.
  • Funding: loans stand at 63.27% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-0.07%+3 bps YoY

Net Interest Margin (YTD, annualized)

2.78%+10 bps YoY

Efficiency Ratio (YTD, annualized)

98.24%-104 bps YoY

Net Worth / Assets

9.69%+1 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.10%0.01%0.02%-0.11%-0.07%+3 bps
Return on Equity-1.06%0.08%0.17%-1.11%-0.73%+34 bps
Net Interest Margin2.68%2.76%2.75%2.61%2.78%+10 bps
Efficiency Ratio99.28%95.67%95.40%99.43%98.24%-104 bps
Growth
Asset Growth (YoY)-0.66%-2.63%-2.10%0.52%-0.07%+59 bps
Loan Growth (YoY)-4.53%1.83%-10.15%-10.54%0.18%+471 bps
Share Growth (YoY)2.73%0.22%-2.26%0.68%-0.03%-276 bps
Asset Quality
Delinquent Loans / Loans0.59%0.69%1.24%1.29%1.71%+113 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 Capital9.67%9.73%9.65%9.53%9.69%+1 bps
Net Worth / Assets9.67%9.73%9.65%9.53%9.69%+1 bps
Liquidity & Funding
Loans / Shares63.13%61.65%59.40%56.88%63.27%+14 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

National J. A. C. L.

Salt Lake City, UT · Charter 67005 · Peer group: credit unions under $1B in assets in the Salt Lake City-Murray, UT area (n=23-24)

NCUA · 2 branches

Q2 2026

$38.6MAssets
$21.3MLoans
$33.6MShares
$3.7MNet Worth

Executive Summary

  • Strongest standing: net interest margin outperforms 17% of credit unions under $1B in assets in the Salt Lake City-Murray, UT area (rank 20 of 24).
  • Widest gap: efficiency ratio trails 92% of credit unions under $1B in assets in the Salt Lake City-Murray, UT area (rank 23 of 24).
  • Overall: at or above the peer median on 0 of 7 directional measures.

Return on Assets

-0.07%

Rank 22 of 24

Net Interest Margin

2.79%

Rank 20 of 24

Efficiency Ratio

98.31%

Rank 23 of 24

Equity / Assets

9.69%

Rank 20 of 24

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets-0.07%0.41%0.67%1.12%Beats 8%22 / 24
Return on Equity-0.75%2.16%5.02%6.69%Beats 8%22 / 24
Net Interest Margin2.79%3.10%3.61%4.01%Beats 17%20 / 24
Efficiency Ratio98.31%71.14%80.00%84.92%Beats 8%23 / 24
Asset Quality
Nonperforming Loans / Loans1.71%0.07%0.54%1.38%Beats 17%20 / 23
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio9.69%10.05%16.75%21.42%Beats 17%20 / 24
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets9.69%10.05%16.75%21.42%Beats 17%20 / 24
Liquidity & Funding
Loans / Deposits63.27%42.86%62.34%82.18%52nd pctl11 / 23
Loans / Assets55.16%32.11%55.16%70.89%50th pctl12 / 24
Brokered Deposits / Depositsn/aNot reported for this institution