PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Beginnings

Ithaca, NY · Charter 68322

NCUA · 14 branches

Q2 2026

$1.5BAssets
$1.1BLoans
$1.3BShares
$215.6MNet 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 0.73%, up 11 bps year over year; NIM at 3.36%.
  • Asset quality: problem loans at 0.69% of loans (-34 bps YoY).
  • Capital: net worth / assets of 14.01%, down 11 bps from a year ago.
  • Funding: loans stand at 82.28% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.73%+11 bps YoY

Net Interest Margin (YTD, annualized)

3.36%-2 bps YoY

Efficiency Ratio (YTD, annualized)

78.98%-117 bps YoY

Net Worth / Assets

14.01%-11 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.62%0.76%0.63%0.09%0.73%+11 bps
Return on Equity4.36%5.37%4.62%0.63%5.19%+83 bps
Net Interest Margin3.39%3.43%3.37%3.29%3.36%-2 bps
Efficiency Ratio80.15%78.04%80.05%92.96%78.98%-117 bps
Growth
Asset Growth (YoY)2.72%4.64%5.31%3.55%7.06%+434 bps
Loan Growth (YoY)0.24%2.71%3.84%3.27%3.66%+341 bps
Share Growth (YoY)2.98%5.39%4.51%2.83%6.45%+347 bps
Asset Quality
Delinquent Loans / Loans1.03%0.97%0.98%0.60%0.69%-34 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 Capital14.12%14.23%13.62%13.69%14.01%-11 bps
Net Worth / Assets14.12%14.23%13.62%13.69%14.01%-11 bps
Liquidity & Funding
Loans / Shares84.50%85.01%81.67%81.69%82.28%-222 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps