HARBORSTONE

Charter #66399 | WA

1B-3B (304 CUs) Mid-Market (380 CUs)
9 1B-3B in WA

HARBORSTONE has 16 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 0.1% in tier
  • + Wallet Share Momentum: Top 1.2% in tier
  • + Organic Growth Engine: Top 6.3% in tier
  • + ROA 0.12% above tier average
  • + Strong member growth: 16.2% YoY
  • + Asset Growth Rate: Top 0.3% in tier
  • + Deposit Growth Rate: Top 0.7% in tier
  • + Loan Growth Rate: Top 1.0% in tier
  • + Total Assets: Top 1.6% in tier
  • + Member Growth Rate: Top 2.0% in tier
  • + AMR Growth Rate: Top 2.0% in tier
  • + Fee Income Per Member: Top 2.3% in tier
  • + Total Loans: Top 2.6% in tier
  • + Total Deposits: Top 3.0% in tier
  • + Loan-to-Member Ratio (LMR): Top 3.9% in tier
  • + Average Member Relationship (AMR): Top 5.6% in tier

Key Concerns

Areas that may need attention

  • - Growth-at-Risk: Bottom 0.0% in tier
  • - Credit Quality Pressure: Bottom 2.6% in tier
  • - Indirect Auto Dependency: Bottom 8.0% in tier
  • - Liquidity Strain: Bottom 19.1% in tier
  • - Delinquency rate 0.06% above tier average
  • - Members Per Employee (MPE): Bottom 7.6% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Members 106,577
+16.2% YoY+12.5% QoQ
 +7.9K 98,678
-1.9% YoY
 65,720
+2.5% YoY
 33,089
+6.1% YoY
 64th in tier
Assets $2.9B
+37.6% YoY+31.7% QoQ
 +$1.2B $1.7B
+0.5% YoY
 $1.2B
+3.7% YoY
 $547.7M
+7.8% YoY
 Top 2.0% in tier
Loans $2.2B
+40.2% YoY+34.4% QoQ
 +$965.6M $1.2B
+0.5% YoY
 $909.1M
+5.1% YoY
 $388.7M
+8.6% YoY
 Top 3.0% in tier
Deposits $2.4B
+31.5% YoY+28.2% QoQ
 +$954.7M $1.5B
+1.3% YoY
 $1.0B
+6.5% YoY
 $464.6M
+9.3% YoY
 Top 3.3% in tier
ROA 0.8%
+3804.1% YoY-53.6% QoQ
 +0.1% 0.7%
+13.4% YoY
 0.6%
+9.9% YoY
 0.7%
+273.4% YoY
 65th in tier
NIM 2.9%
+1.8% YoY-8.2% QoQ
 -0.4% 3.3%
+9.3% YoY
 3.7%
+4.7% YoY
 3.7%
+5.0% YoY
 Bottom 24.0% in tier
Efficiency Ratio 63.5%
-23.2% YoY+12.5% QoQ
 -10.4% 74.0%
-10.9% YoY
 76.4%
-1.1% YoY
 79.1%
-3.3% YoY
 Bottom 13.5% in tier
Delinquency Rate 0.9%
+139.8% YoY+4.4% QoQ
 +0.1 0.8%
+6.1% YoY
 0.9%
-2.6% YoY
 1.2%
-0.9% YoY
 68th in tier
Loan To Share 91.3%
+6.6% YoY+4.8% QoQ
 +6.1% 85.2%
-0.8% YoY
 76.9%
-2.2% YoY
 68.0%
-1.7% YoY
 60th in tier
AMR $43,234
+16.6% YoY+16.6% QoQ
 +$14K $29,172
+2.8% YoY
 $28,761
+2.7% YoY
 $19,418
+1.3% YoY
 Top 5.9% in tier
CD Concentration 27.8%
-0.6% YoY-2.7% QoQ
 -1.2% 29.0%
+0.8% YoY
 22.3%
+2.5% YoY
 19.6%
+6.2% YoY
 46th in tier
Indirect Auto % 29.8%
-15.4% YoY-16.0% QoQ
 +11.0% 18.8%
-2.8% YoY
 17.1%
-8.4% YoY
 7.9%
-2.9% YoY
 75th in tier

Signature Analysis

Strengths (3)

Relationship Depth Leader

growth
#2 of 264 • Top 0.1% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 16.64%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $6.4K
(Tier: $3.1K, National: $2.0K)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank improving

Wallet Share Momentum

growth
#10 of 264 • Top 1.2% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 16.64%
(Tier: 3.04%, National: 4.19%)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank improving

Organic Growth Engine

growth
#47 of 246 • Top 6.3% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 16.16%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 0.83%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Indirect Auto %: 29.76%
(Tier: 18.80%, National: 7.90%)
but worse than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank improving

Concerns (4)

Growth-at-Risk

risk
#1 of 161 • Bottom 0.0% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 40.19%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.51% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
161 of 380 Mid-Market CUs have this signature | 646 nationally
↓ Shrinking -30 CUs YoY | New qualifier

Credit Quality Pressure

risk
#21 of 217 • Bottom 2.6% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.51% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | New qualifier

Indirect Auto Dependency

risk
#50 of 202 • Bottom 8.0% in tier

Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.

Why This Signature
Asset Growth (YoY): 37.58%
(Tier: 5.36%, National: 3.04%)
but better than tier avg
Indirect Auto %: 29.76%
(Tier: 18.80%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 16.16%
(Tier: 3.18%, National: 9.37%)
but better than tier avg
202 of 380 Mid-Market CUs have this signature | 768 nationally
↓ Shrinking -7 CUs YoY | Rank improving

Liquidity Strain

risk
#101 of 183 • Bottom 19.1% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 91.27%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 40.19%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | New qualifier

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 304 peers in tier

Top Strengths (13 metrics)

2
Asset Growth Rate
growth
Value: 37.58%
Peer Avg: 4.83%
#2 of 304 Top 0.3% in 1B-3B tier
3
Deposit Growth Rate
growth
Value: 31.46%
Peer Avg: 5.58%
#3 of 304 Top 0.7% in 1B-3B tier
4
Loan Growth Rate
growth
Value: 40.19%
Peer Avg: 5.27%
#4 of 304 Top 1.0% in 1B-3B tier
6
Total Assets
balance_sheet
Value: $2.91B
Peer Avg: $1.72B
#6 of 304 Top 1.6% in 1B-3B tier
7
Member Growth Rate
growth
Value: 16.16%
Peer Avg: 2.20%
#7 of 304 Top 2.0% in 1B-3B tier
7
AMR Growth Rate
growth
Value: 16.64%
Peer Avg: 3.29%
#7 of 304 Top 2.0% in 1B-3B tier
8
Fee Income Per Member
profitability
Value: $408.13
Peer Avg: $210.52
#8 of 304 Top 2.3% in 1B-3B tier
9
Total Loans
balance_sheet
Value: $2.20B
Peer Avg: $1.23B
#9 of 304 Top 2.6% in 1B-3B tier
10
Total Deposits
balance_sheet
Value: $2.41B
Peer Avg: $1.45B
#10 of 304 Top 3.0% in 1B-3B tier
13
Loan-to-Member Ratio (LMR)
engagement
Value: $20,630
Peer Avg: $13,213
#13 of 304 Top 3.9% in 1B-3B tier

Top Weaknesses (4 metrics)

282
Members Per Employee (MPE)
engagement
Value: 258.056
Peer Avg: 364.953
#282 of 304 Bottom 7.6% in 1B-3B tier
251
Net Worth Ratio
risk
Value: 9.32%
Peer Avg: 11.44%
#251 of 304 Bottom 17.8% in 1B-3B tier
231
Net Interest Margin (NIM)
profitability
Value: 2.91%
Peer Avg: 3.26%
#231 of 304 Bottom 24.3% in 1B-3B tier
231
Indirect Auto Concentration (%)
balance_sheet
Value: 29.76%
Peer Avg: 18.32%
#231 of 304 Bottom 24.3% in 1B-3B tier