PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Worcester Fire Dept.

Worcester, MA · Charter 67683

NCUA · 1 branch

Q2 2026

$47.1MAssets
$10.2MLoans
$40.9MShares
$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 0.85%, up 45 bps year over year; NIM at 2.85%.
  • Asset quality: problem loans at 0.91% of loans (-60 bps YoY).
  • Capital: net worth / assets of 13.18%, up 8 bps from a year ago.
  • Funding: loans stand at 25.03% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.85%+45 bps YoY

Net Interest Margin (quarter, annualized)

2.85%+57 bps YoY

Efficiency Ratio (quarter, annualized)

69.72%-1,339 bps YoY

Net Worth / Assets

13.18%+8 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.40%0.52%0.43%0.36%0.85%+45 bps
Return on Equity3.03%3.91%3.43%2.85%6.45%+342 bps
Net Interest Margin2.28%2.39%2.30%2.45%2.85%+57 bps
Efficiency Ratio83.11%79.50%80.67%71.24%69.72%-1,339 bps
Growth
Asset Growth (YoY)-0.26%-1.33%6.13%8.35%5.08%+534 bps
Loan Growth (YoY)9.42%13.61%1.12%-6.31%-4.69%-1,410 bps
Share Growth (YoY)-0.69%-1.92%3.70%8.87%4.98%+567 bps
Asset Quality
Delinquent Loans / Loans1.51%1.12%0.69%1.04%0.91%-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 Capital13.10%13.24%12.63%12.61%13.18%+8 bps
Net Worth / Assets13.10%13.24%12.63%12.61%13.18%+8 bps
Liquidity & Funding
Loans / Shares27.56%27.54%26.81%24.54%25.03%-254 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps