PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Education 1st

Ogden, UT · Charter 67127

NCUA · 1 branch

Q2 2026

$61.9MAssets
$52.9MLoans
$55.6MShares
$6.2MNet 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 0.69%, down 23 bps year over year; NIM at 3.17%.
  • Asset quality: problem loans at 0.05% of loans (-60 bps YoY).
  • Capital: net worth / assets of 9.94%, up 62 bps from a year ago.
  • Funding: loans stand at 95.27% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.69%-23 bps YoY

Net Interest Margin (YTD, annualized)

3.17%+13 bps YoY

Efficiency Ratio (YTD, annualized)

72.58%+832 bps YoY

Net Worth / Assets

9.94%+62 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.92%1.03%0.50%0.86%0.69%-23 bps
Return on Equity9.87%10.66%6.17%8.70%6.96%-292 bps
Net Interest Margin3.03%3.13%2.59%3.20%3.17%+13 bps
Efficiency Ratio64.26%65.65%65.46%71.93%72.58%+832 bps
Growth
Asset Growth (YoY)15.37%13.57%38.05%2.70%2.12%-1,325 bps
Loan Growth (YoY)10.89%11.96%13.89%0.63%0.15%-1,074 bps
Share Growth (YoY)22.44%21.57%41.18%1.91%1.30%-2,114 bps
Asset Quality
Delinquent Loans / Loans0.66%0.12%0.72%0.24%0.05%-60 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 Capital9.32%9.65%8.05%9.84%9.94%+62 bps
Net Worth / Assets9.32%9.65%8.05%9.84%9.94%+62 bps
Liquidity & Funding
Loans / Shares96.36%100.94%82.47%93.93%95.27%-109 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps