PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Lu 354 I B E W

Salt Lake City, UT · Charter 9398

NCUA · 3 branches

Q2 2026

$39.8MAssets
$28.9MLoans
$33.2MShares
$6.7MNet Worth

Executive Summary

  • Earnings: ROA of 1.12%, down 38 bps year over year; NIM at 3.83%.
  • Asset quality: problem loans at 2.77% of loans (+63 bps YoY).
  • Capital: net worth / assets of 16.75%, up 252 bps from a year ago.
  • Funding: loans stand at 87.06% of shares as of Q2 2026.

Return on Assets (quarter, annualized)

1.12%-38 bps YoY

Net Interest Margin (quarter, annualized)

3.83%+21 bps YoY

Efficiency Ratio (quarter, annualized)

71.35%+1,134 bps YoY

Net Worth / Assets

16.75%+252 bps YoY

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.02%1.20%2.09%1.51%1.63%1.76%1.31%1.12%-38 bps
Return on Equity6.79%7.87%13.80%10.58%10.63%10.97%7.98%6.71%-387 bps
Net Interest Margin3.83%3.80%3.69%3.62%3.91%4.02%3.77%3.83%+21 bps
Efficiency Ratio65.44%66.15%61.04%60.01%60.04%59.66%68.14%71.35%+1,134 bps
Growth
Asset Growth (YoY)6.79%4.59%2.74%12.73%9.39%5.99%1.76%-6.56%-1,929 bps
Loan Growth (YoY)-3.35%-4.94%-3.00%0.29%0.83%-3.59%-5.13%-4.57%-486 bps
Share Growth (YoY)6.08%3.64%1.32%12.95%8.77%4.62%0.10%-9.23%-2,218 bps
Asset Quality
Delinquent Loans / Loans1.09%0.62%1.83%2.14%2.46%2.71%1.52%2.77%+63 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital15.06%15.23%15.15%14.23%15.29%16.08%16.47%16.75%+252 bps
Net Worth / Assets15.06%15.23%15.15%14.23%15.29%16.08%16.47%16.75%+252 bps
Liquidity & Funding
Loans / Shares94.67%93.77%89.71%82.81%87.76%86.41%85.02%87.06%+425 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps