PackageTrendsPeer
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Merced School Employees

Merced, CA · Charter 9119

NCUA · 8 branches

Q2 2026

$899.0MAssets
$306.2MLoans
$797.0MShares
$105.7MNet 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 1.37%, up 26 bps year over year; NIM at 3.22%.
  • Asset quality: problem loans at 0.44% of loans (-31 bps YoY).
  • Capital: net worth / assets of 11.76%, up 57 bps from a year ago.
  • Funding: loans stand at 38.42% of shares as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.37%+26 bps YoY

Net Interest Margin (YTD, annualized)

3.22%+25 bps YoY

Efficiency Ratio (YTD, annualized)

63.89%-64 bps YoY

Net Worth / Assets

11.76%+57 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.11%1.13%1.17%1.39%1.37%+26 bps
Return on Equity9.92%9.95%10.12%12.11%11.62%+170 bps
Net Interest Margin2.96%3.01%3.04%3.12%3.22%+25 bps
Efficiency Ratio64.52%64.01%63.46%65.89%63.89%-64 bps
Growth
Asset Growth (YoY)8.38%8.77%9.45%8.59%6.86%-153 bps
Loan Growth (YoY)0.05%-0.85%-0.59%-1.74%-2.36%-241 bps
Share Growth (YoY)6.82%7.66%7.75%7.68%6.52%-30 bps
Asset Quality
Delinquent Loans / Loans0.75%0.62%0.72%0.44%0.44%-31 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 Capital11.19%11.32%11.59%11.44%11.76%+57 bps
Net Worth / Assets11.19%11.32%11.59%11.44%11.76%+57 bps
Liquidity & Funding
Loans / Shares41.91%41.33%41.03%38.35%38.42%-349 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps