PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Rhode Island

Warwick, RI · Charter 67269

NCUA · 8 branches

Q2 2026

$425.1MAssets
$323.5MLoans
$375.1MShares
$44.2MNet 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 0.26%, up 18 bps year over year; NIM at 3.91%.
  • Asset quality: problem loans at 0.38% of loans (-3 bps YoY).
  • Capital: net worth / assets of 10.40%, down 13 bps from a year ago.
  • Funding: loans stand at 86.25% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.26%+18 bps YoY

Net Interest Margin (YTD, annualized)

3.91%+64 bps YoY

Efficiency Ratio (YTD, annualized)

90.31%-351 bps YoY

Net Worth / Assets

10.40%-13 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.08%0.03%0.03%0.13%0.26%+18 bps
Return on Equity0.75%0.29%0.30%1.30%2.53%+178 bps
Net Interest Margin3.27%3.42%3.45%3.79%3.91%+64 bps
Efficiency Ratio93.82%94.16%94.37%92.11%90.31%-351 bps
Growth
Asset Growth (YoY)2.40%0.55%1.80%2.23%1.97%-43 bps
Loan Growth (YoY)1.92%2.55%7.95%9.92%13.71%+1,179 bps
Share Growth (YoY)2.62%0.57%1.92%2.19%1.53%-109 bps
Asset Quality
Delinquent Loans / Loans0.40%0.36%0.46%0.31%0.38%-3 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 Capital10.54%10.69%10.43%10.26%10.40%-13 bps
Net Worth / Assets10.54%10.69%10.43%10.26%10.40%-13 bps
Liquidity & Funding
Loans / Shares77.01%79.00%81.27%82.09%86.25%+924 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps