PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Latitude 32

Charleston, SC · Charter 8059

NCUA · 2 branches

Q2 2026

$69.5MAssets
$46.7MLoans
$58.8MShares
$10.3MNet 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 1.34%, unchanged from a year ago; NIM at 4.47%.
  • Asset quality: problem loans at 0.39% of loans (+14 bps YoY).
  • Capital: net worth / assets of 14.83%, up 53 bps from a year ago.
  • Funding: loans stand at 79.30% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.34%0 bps YoY

Net Interest Margin (YTD, annualized)

4.47%-12 bps YoY

Efficiency Ratio (YTD, annualized)

72.32%-56 bps YoY

Net Worth / Assets

14.83%+53 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.34%1.45%1.09%0.93%1.34%0 bps
Return on Equity9.40%9.85%7.57%6.30%9.05%-35 bps
Net Interest Margin4.59%4.64%4.60%4.53%4.47%-12 bps
Efficiency Ratio72.88%72.99%76.90%75.59%72.32%-56 bps
Growth
Asset Growth (YoY)1.30%2.64%3.89%1.58%3.78%+248 bps
Loan Growth (YoY)-10.36%-8.88%-3.55%1.60%4.93%+1,528 bps
Share Growth (YoY)0.57%1.11%3.53%0.59%2.92%+235 bps
Asset Quality
Delinquent Loans / Loans0.25%0.38%0.24%0.17%0.39%+14 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 Capital14.30%14.67%14.41%14.76%14.83%+53 bps
Net Worth / Assets14.30%14.67%14.41%14.76%14.83%+53 bps
Liquidity & Funding
Loans / Shares77.79%76.60%76.75%78.95%79.30%+151 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps