PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Frontwave

Oceanside, CA · Charter 68494

NCUA · 13 branches

Q2 2026

$1.7BAssets
$1.2BLoans
$1.4BShares
$159.1MNet 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 0.88%, up 33 bps year over year; NIM at 3.21%.
  • Asset quality: problem loans at 0.81% of loans (+41 bps YoY).
  • Capital: net worth / assets of 9.13%, down 75 bps from a year ago.
  • Funding: loans stand at 85.54% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.88%+33 bps YoY

Net Interest Margin (YTD, annualized)

3.21%+62 bps YoY

Efficiency Ratio (YTD, annualized)

76.36%-122 bps YoY

Net Worth / Assets

9.13%-75 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.55%0.59%0.63%0.83%0.88%+33 bps
Return on Equity5.60%6.06%7.05%9.42%9.64%+405 bps
Net Interest Margin2.59%2.56%2.52%3.15%3.21%+62 bps
Efficiency Ratio77.58%77.59%76.94%76.73%76.36%-122 bps
Growth
Asset Growth (YoY)-3.85%1.95%20.67%19.77%18.53%+2,238 bps
Loan Growth (YoY)0.13%-1.01%26.87%27.52%28.35%+2,822 bps
Share Growth (YoY)-3.82%3.19%30.10%24.85%24.34%+2,816 bps
Asset Quality
Delinquent Loans / Loans0.40%0.38%0.50%0.29%0.81%+41 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 Capital9.89%9.76%8.91%8.79%9.13%-75 bps
Net Worth / Assets9.89%9.76%8.91%8.79%9.13%-75 bps
Liquidity & Funding
Loans / Shares82.88%81.83%84.39%83.80%85.54%+267 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps