PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Oceanair

Oxnard, CA · Charter 7608

NCUA · 5 branches

Q2 2026

$882.5MAssets
$756.4MLoans
$692.6MShares
$65.6MNet 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 0.12%, up 52 bps year over year; NIM at 2.38%.
  • Asset quality: problem loans at 0.48% of loans (-24 bps YoY).
  • Capital: net worth / assets of 7.44%, down 15 bps from a year ago.
  • Funding: loans stand at 109.20% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.12%+52 bps YoY

Net Interest Margin (YTD, annualized)

2.38%+34 bps YoY

Efficiency Ratio (YTD, annualized)

92.34%-1,406 bps YoY

Net Worth / Assets

7.44%-15 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.40%-0.34%-0.24%0.16%0.12%+52 bps
Return on Equity-5.29%-4.49%-3.21%2.10%1.62%+692 bps
Net Interest Margin2.04%2.12%2.15%2.42%2.38%+34 bps
Efficiency Ratio106.40%104.26%100.66%89.82%92.34%-1,406 bps
Growth
Asset Growth (YoY)0.33%-0.39%0.19%-1.67%1.44%+111 bps
Loan Growth (YoY)3.71%7.67%7.86%6.89%7.89%+417 bps
Share Growth (YoY)1.76%1.14%0.46%-1.99%0.73%-103 bps
Asset Quality
Delinquent Loans / Loans0.72%0.37%0.35%0.29%0.48%-24 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 Capital7.59%7.60%7.50%7.51%7.44%-15 bps
Net Worth / Assets7.59%7.60%7.50%7.51%7.44%-15 bps
Liquidity & Funding
Loans / Shares101.96%107.00%107.91%108.92%109.20%+724 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps