PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Basin

Odessa, TX · Charter 67609

NCUA · 7 branches

Q2 2026

$343.2MAssets
$158.7MLoans
$278.5MShares
$39.3MNet 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 0.59%, down 2 bps year over year; NIM at 3.44%.
  • Asset quality: problem loans at 0.29% of loans (-40 bps YoY).
  • Capital: net worth / assets of 11.46%, up 128 bps from a year ago.
  • Funding: loans stand at 56.99% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.59%-2 bps YoY

Net Interest Margin (YTD, annualized)

3.44%+6 bps YoY

Efficiency Ratio (YTD, annualized)

85.05%-12 bps YoY

Net Worth / Assets

11.46%+128 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.62%1.16%1.04%0.50%0.59%-2 bps
Return on Equity6.06%10.86%9.49%4.41%5.19%-87 bps
Net Interest Margin3.38%3.37%3.43%3.42%3.44%+6 bps
Efficiency Ratio85.17%73.84%76.33%86.70%85.05%-12 bps
Growth
Asset Growth (YoY)11.25%12.36%12.33%-1.46%-2.32%-1,357 bps
Loan Growth (YoY)-12.48%-14.21%-16.94%-17.91%-13.01%-53 bps
Share Growth (YoY)2.78%2.99%3.22%1.15%-0.44%-321 bps
Asset Quality
Delinquent Loans / Loans0.70%0.51%0.80%0.30%0.29%-40 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 Capital10.18%10.70%10.95%11.39%11.46%+128 bps
Net Worth / Assets10.18%10.70%10.95%11.39%11.46%+128 bps
Liquidity & Funding
Loans / Shares65.22%63.12%60.34%56.36%56.99%-824 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps