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Sea Air

Seal Beach, CA · Charter 7817

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 the Los Angeles-Long Beach-Anaheim, CA area3

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 the Los Angeles-Long Beach-Anaheim, CA area (n=62). 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

89

Q2 2024Q2 2026peer median (50)

Asset Quality

11

Q2 2024Q2 2026peer median (50)

Profitability

10

Q2 2024Q2 2026peer median (50)

Liquidity

65

Q2 2024Q2 2026peer median

Efficiency

10

Q2 2024Q2 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

Sea Air

Seal Beach, CA · Charter 7817

NCUA · 3 branches

Q2 2026

$118.8MAssets
$45.1MLoans
$90.8MShares
$27.8MNet 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 -0.69%, up 36 bps year over year; NIM at 2.32%.
  • Asset quality: problem loans at 1.87% of loans (+156 bps YoY).
  • Capital: net worth / assets of 23.39%, down 67 bps from a year ago.
  • Funding: loans stand at 49.64% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-0.69%+36 bps YoY

Net Interest Margin (YTD, annualized)

2.32%+52 bps YoY

Efficiency Ratio (YTD, annualized)

111.64%-1,964 bps YoY

Net Worth / Assets

23.39%-67 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-1.05%-0.96%-0.97%-0.67%-0.69%+36 bps
Return on Equity-4.35%-3.98%-4.05%-2.83%-2.93%+142 bps
Net Interest Margin1.80%1.89%1.98%2.28%2.32%+52 bps
Efficiency Ratio131.28%126.56%125.45%109.93%111.64%-1,964 bps
Growth
Asset Growth (YoY)-2.39%-3.19%-3.45%-3.05%-0.48%+191 bps
Loan Growth (YoY)8.07%8.22%10.81%9.60%-5.18%-1,324 bps
Share Growth (YoY)-2.51%-3.21%-4.12%-3.33%0.17%+268 bps
Asset Quality
Delinquent Loans / Loans0.31%0.22%2.75%1.84%1.87%+156 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 Capital24.07%24.11%24.02%23.70%23.39%-67 bps
Net Worth / Assets24.07%24.11%24.02%23.70%23.39%-67 bps
Liquidity & Funding
Loans / Shares52.43%52.17%54.29%52.74%49.64%-280 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

Sea Air

Seal Beach, CA · Charter 7817 · Peer group: credit unions under $1B in assets in the Los Angeles-Long Beach-Anaheim, CA area (n=62)

NCUA · 3 branches

Q2 2026

$118.8MAssets
$45.1MLoans
$90.8MShares
$27.8MNet Worth

Executive Summary

  • Strongest standing: tier 1 capital ratio outperforms 89% of credit unions under $1B in assets in the Los Angeles-Long Beach-Anaheim, CA area (rank 7 of 62).
  • Widest gap: return on assets trails 92% of credit unions under $1B in assets in the Los Angeles-Long Beach-Anaheim, CA area (rank 57 of 62).
  • Overall: at or above the peer median on 2 of 7 directional measures.

Return on Assets

-0.69%

Rank 57 of 62

Net Interest Margin

2.32%

Rank 56 of 62

Efficiency Ratio

111.60%

Rank 57 of 62

Equity / Assets

23.39%

Rank 7 of 62

MetricYour Credit UnionPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets-0.69%0.01%0.47%0.92%Beats 8%57 / 62
Return on Equity-2.94%0.18%3.35%5.66%Beats 13%54 / 62
Net Interest Margin2.32%2.88%3.31%3.93%Beats 10%56 / 62
Efficiency Ratio111.60%71.17%84.14%92.47%Beats 10%57 / 62
Asset Quality
Nonperforming Loans / Loans1.87%0.22%0.52%0.99%Beats 11%56 / 62
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio23.39%9.30%12.20%16.33%Beats 89%7 / 62
Total Risk-Based Capital Ration/aNot reported for this institution
Equity / Assets23.39%9.30%12.20%16.33%Beats 89%7 / 62
Liquidity & Funding
Loans / Deposits49.64%48.69%57.00%84.55%27th pctl45 / 62
Loans / Assets37.93%42.93%53.05%69.62%21st pctl49 / 62
Brokered Deposits / Depositsn/aNot reported for this institution