PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Light Commerce

Houston, TX · Charter 68529

NCUA · 2 branches

Q2 2026

$5.0MAssets
$2.2MLoans
$3.6MShares
$1.3MNet 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 2.37%, down 99 bps year over year; NIM at 4.57%.
  • Asset quality: problem loans at 0.93% of loans (-138 bps YoY).
  • Capital: net worth / assets of 26.81%, up 661 bps from a year ago.
  • Funding: loans stand at 62.14% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.37%-99 bps YoY

Net Interest Margin (YTD, annualized)

4.57%+27 bps YoY

Efficiency Ratio (YTD, annualized)

73.34%+1,195 bps YoY

Net Worth / Assets

26.81%+661 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets3.36%2.89%2.91%2.73%2.37%-99 bps
Return on Equity16.64%14.29%15.41%10.75%8.85%-779 bps
Net Interest Margin4.31%4.13%3.74%4.55%4.57%+27 bps
Efficiency Ratio61.40%64.91%61.10%70.10%73.34%+1,195 bps
Growth
Asset Growth (YoY)32.07%24.87%38.03%-2.20%-14.59%-4,666 bps
Loan Growth (YoY)-31.23%-29.78%-29.98%-26.03%-14.40%+1,683 bps
Share Growth (YoY)27.96%21.79%40.68%-2.86%-18.41%-4,636 bps
Asset Quality
Delinquent Loans / Loans2.31%1.31%1.59%1.62%0.93%-138 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 Capital20.20%20.21%18.92%25.35%26.81%+661 bps
Net Worth / Assets20.20%20.21%18.92%25.35%26.81%+661 bps
Liquidity & Funding
Loans / Shares59.24%54.36%44.01%62.63%62.14%+291 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps