PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Northwest Plus

Everett, WA · Charter 67262

NCUA · 6 branches

Q2 2026

$315.2MAssets
$175.1MLoans
$273.8MShares
$42.7MNet 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 0.67%, up 12 bps year over year; NIM at 3.43%.
  • Asset quality: problem loans at 0.80% of loans (+31 bps YoY).
  • Capital: net worth / assets of 13.56%, up 37 bps from a year ago.
  • Funding: loans stand at 63.94% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.67%+12 bps YoY

Net Interest Margin (YTD, annualized)

3.43%+15 bps YoY

Efficiency Ratio (YTD, annualized)

71.83%+23 bps YoY

Net Worth / Assets

13.56%+37 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.55%0.58%0.61%0.80%0.67%+12 bps
Return on Equity4.20%4.38%4.62%6.00%4.97%+77 bps
Net Interest Margin3.28%3.26%3.27%3.32%3.43%+15 bps
Efficiency Ratio71.60%70.21%71.14%68.85%71.83%+23 bps
Growth
Asset Growth (YoY)2.70%4.07%4.41%2.00%2.38%-31 bps
Loan Growth (YoY)-0.42%2.92%2.18%0.27%-4.89%-447 bps
Share Growth (YoY)4.73%5.95%6.08%4.03%2.46%-226 bps
Asset Quality
Delinquent Loans / Loans0.49%1.06%0.71%0.24%0.80%+31 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 Capital13.19%13.13%13.24%13.30%13.56%+37 bps
Net Worth / Assets13.19%13.13%13.24%13.30%13.56%+37 bps
Liquidity & Funding
Loans / Shares68.88%68.34%66.89%63.74%63.94%-494 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps