PackageTrendsPeer
Letter portraitLegal landscape

Limestone Financial

Manistique, MI · Charter 68743

NCUA · 3 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, credit unions under $1B in assets in MI3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Credit unions under $1B in assets in MI (n=56). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

38

Q1 2025Q2 2026peer median (50)

Asset Quality

73

Q1 2025Q2 2026peer median (50)

Profitability

30

Q1 2025Q2 2026peer median (50)

Liquidity

0

Q1 2025Q2 2026peer median

Efficiency

12

Q1 2025Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Limestone Financial

Manistique, MI · Charter 68743

NCUA · 3 branches

Q2 2026

$83.1MAssets
$65.3MLoans
$73.1MShares
$8.9MNet 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 0.51%, down 39 bps year over year; NIM at 4.09%.
  • Asset quality: problem loans at 0.55% of loans (-8 bps YoY).
  • Capital: net worth / assets of 10.73%, down 4 bps from a year ago.
  • Funding: loans stand at 89.40% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.51%-39 bps YoY

Net Interest Margin (YTD, annualized)

4.09%-7 bps YoY

Efficiency Ratio (YTD, annualized)

83.19%+536 bps YoY

Net Worth / Assets

10.73%-4 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.90%0.92%0.90%0.44%0.51%-39 bps
Return on Equity8.34%8.48%8.23%4.04%4.76%-358 bps
Net Interest Margin4.17%4.28%4.26%4.15%4.09%-7 bps
Efficiency Ratio77.82%77.25%77.91%82.33%83.19%+536 bps
Growth
Asset Growth (YoY)n/an/an/a4.29%7.39%n/a
Loan Growth (YoY)n/an/an/a2.83%3.60%n/a
Share Growth (YoY)n/an/an/a3.73%7.18%n/a
Asset Quality
Delinquent Loans / Loans0.63%0.77%0.80%0.64%0.55%-8 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 Capital10.77%10.90%10.87%10.84%10.73%-4 bps
Net Worth / Assets10.77%10.90%10.87%10.84%10.73%-4 bps
Liquidity & Funding
Loans / Shares92.50%92.64%89.43%88.15%89.40%-309 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Limestone Financial

Manistique, MI · Charter 68743 · Peer group: credit unions under $1B in assets in MI (n=56)

NCUA · 3 branches

Q2 2026

$83.1MAssets
$65.3MLoans
$73.1MShares
$8.9MNet Worth

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 73% of credit unions under $1B in assets in MI (rank 16 of 56).
  • Widest gap: efficiency ratio trails 88% of credit unions under $1B in assets in MI (rank 50 of 56).
  • Overall: at or above the peer median on 2 of 7 directional measures.

Return on Assets

0.51%

Rank 48 of 56

Net Interest Margin

4.09%

Rank 22 of 56

Efficiency Ratio

83.18%

Rank 50 of 56

Equity / Assets

10.73%

Rank 35 of 56

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.51%0.74%1.15%1.47%Beats 14%48 / 56
Return on Equity4.76%6.40%9.29%11.51%Beats 16%47 / 56
Net Interest Margin4.09%3.40%3.92%4.36%Beats 61%22 / 56
Efficiency Ratio83.18%65.99%72.16%78.25%Beats 12%50 / 56
Asset Quality
Nonperforming Loans / Loans0.55%0.49%0.84%1.28%Beats 73%16 / 56
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio10.73%10.20%12.14%14.32%Beats 38%35 / 56
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets10.73%10.20%12.14%14.32%Beats 38%35 / 56
Liquidity & Funding
Loans / Deposits89.40%52.28%65.96%76.17%93rd pctl4 / 56
Loans / Assets78.61%45.34%56.55%67.04%95th pctl3 / 56
Brokered Deposits / Depositsn/aNot reported for this institution