PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Connection

Silverdale, WA · Charter 68254

NCUA · 2 branches

Q2 2026

$40.4MAssets
$21.2MLoans
$34.9MShares
$5.3MNet 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 0.41%, up 22 bps year over year; NIM at 4.42%.
  • Asset quality: problem loans at 0.93% of loans (-97 bps YoY).
  • Capital: net worth / assets of 13.01%, up 10 bps from a year ago.
  • Funding: loans stand at 60.84% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.41%+22 bps YoY

Net Interest Margin (quarter, annualized)

4.42%-27 bps YoY

Efficiency Ratio (quarter, annualized)

97.17%+544 bps YoY

Net Worth / Assets

13.01%+10 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.20%0.33%0.38%0.59%0.41%+22 bps
Return on Equity1.51%2.42%2.82%4.44%3.18%+167 bps
Net Interest Margin4.69%4.83%4.86%4.44%4.42%-27 bps
Efficiency Ratio91.73%91.07%90.05%96.71%97.17%+544 bps
Growth
Asset Growth (YoY)2.12%-1.11%-4.57%-1.90%1.98%-14 bps
Loan Growth (YoY)-15.21%-13.42%-11.46%-12.07%-16.53%-132 bps
Share Growth (YoY)1.55%-2.15%-5.97%-2.09%1.88%+34 bps
Asset Quality
Delinquent Loans / Loans1.90%1.86%1.74%1.87%0.93%-97 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 Capital12.91%13.45%13.52%13.21%13.01%+10 bps
Net Worth / Assets12.91%13.45%13.52%13.21%13.01%+10 bps
Liquidity & Funding
Loans / Shares74.27%74.37%73.68%67.41%60.84%-1,343 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps