PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Trust

Michigan City, IN · Charter 68596

NCUA · 4 branches

Q2 2026

$191.6MAssets
$53.2MLoans
$165.4MShares
$25.7MNet 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 1.30%, down 26 bps year over year; NIM at 3.32%.
  • Asset quality: problem loans at 3.08% of loans (+276 bps YoY).
  • Capital: net worth / assets of 13.44%, up 86 bps from a year ago.
  • Funding: loans stand at 32.14% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.30%-26 bps YoY

Net Interest Margin (YTD, annualized)

3.32%+2 bps YoY

Efficiency Ratio (YTD, annualized)

61.71%-100 bps YoY

Net Worth / Assets

13.44%+86 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.56%1.62%1.71%1.25%1.30%-26 bps
Return on Equity12.43%12.45%12.91%9.62%9.68%-275 bps
Net Interest Margin3.31%3.37%3.39%3.26%3.32%+2 bps
Efficiency Ratio62.71%62.26%60.83%63.68%61.71%-100 bps
Growth
Asset Growth (YoY)7.73%4.52%4.65%5.53%5.91%-181 bps
Loan Growth (YoY)3.39%1.43%2.46%5.95%7.69%+430 bps
Share Growth (YoY)6.81%3.10%3.23%4.33%4.89%-193 bps
Asset Quality
Delinquent Loans / Loans0.32%1.71%1.28%1.12%3.08%+276 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 Capital12.58%13.03%13.26%13.03%13.44%+86 bps
Net Worth / Assets12.58%13.03%13.26%13.03%13.44%+86 bps
Liquidity & Funding
Loans / Shares31.31%31.80%31.73%30.94%32.14%+84 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps