TOPLINE FINANCIAL

Charter #68731 | MN

1B-3B (304 CUs) Mid-Market (380 CUs)
6 1B-3B in MN

TOPLINE FINANCIAL has 5 strengths but faces 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 25.3% in tier
  • + Emerging Performer: Top 25.7% in tier
  • + Wallet Share Momentum: Top 27.8% in tier
  • + Net Interest Margin 0.31% above tier average
  • + Share Certificate Concentration (%): Top 9.5% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Drag: Bottom 15.5% in tier
  • - Credit Quality Pressure: Bottom 20.8% in tier
  • - Cost Spiral: Bottom 23.2% in tier
  • - Stagnation Risk: Bottom 26.8% in tier
  • - Growth-at-Risk: Bottom 27.7% in tier
  • - Liquidity Strain: Bottom 30.5% in tier
  • - Indirect Auto Dependency: Bottom 31.0% in tier
  • - Membership Headwinds: Bottom 33.9% in tier
  • - ROA 0.10% below tier average
  • - Efficiency ratio 6.36% above tier (higher cost structure)

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Members 69,348
-0.5% YoY-1.3% QoQ
 -29.3K 98,678
-1.9% YoY
 26,738
+5.8% YoY
 33,089
+6.1% YoY
 Bottom 25.0% in tier
Assets $1.1B
-0.8% YoY-0.3% QoQ
 $-617.7M $1.7B
+0.5% YoY
 $521.2M
+7.2% YoY
 $547.7M
+7.8% YoY
 Bottom 11.8% in tier
Loans $876.1M
+1.5% YoY+1.3% QoQ
 $-356.9M $1.2B
+0.5% YoY
 $373.7M
+9.3% YoY
 $388.7M
+8.6% YoY
 Bottom 22.7% in tier
Deposits $946.4M
+2.7% YoY+0.9% QoQ
 $-508.0M $1.5B
+1.3% YoY
 $429.0M
+9.5% YoY
 $464.6M
+9.3% YoY
 Bottom 13.2% in tier
ROA 0.6%
-14.4% YoY-8.6% QoQ
 -0.1% 0.7%
+13.4% YoY
 1.4%
-35.4% YoY
 0.7%
+273.4% YoY
 44th in tier
NIM 3.6%
+31.1% YoY+2.7% QoQ
 +0.3% 3.3%
+9.3% YoY
 3.7%
+9.1% YoY
 3.7%
+5.0% YoY
 70th in tier
Efficiency Ratio 80.3%
+8.2% YoY+1.5% QoQ
 +6.4% 74.0%
-10.9% YoY
 74.2%
-2.5% YoY
 79.1%
-3.3% YoY
 74th in tier
Delinquency Rate 0.8%
+7.1% YoY+2.1% QoQ
 -0.0 0.8%
+6.1% YoY
 0.9%
+10.7% YoY
 1.2%
-0.9% YoY
 64th in tier
Loan To Share 92.6%
-1.2% YoY+0.4% QoQ
 +7.4% 85.2%
-0.8% YoY
 77.1%
-1.5% YoY
 68.0%
-1.7% YoY
 64th in tier
AMR $26,280
+2.6% YoY+2.5% QoQ
 $-3K $29,172
+2.8% YoY
 $23,275
+3.9% YoY
 $19,418
+1.3% YoY
 43rd in tier
CD Concentration 17.7%
-2.5% YoY+0.9% QoQ
 -11.3% 29.0%
+0.8% YoY
 22.0%
+1.9% YoY
 19.6%
+6.2% YoY
 Bottom 9.2% in tier
Indirect Auto % 17.8%
-3.8% YoY-2.6% QoQ
 -1.0% 18.8%
-2.8% YoY
 6.6%
-8.5% YoY
 7.9%
-2.9% YoY
 52nd in tier

Signature Analysis

Strengths (3)

Relationship Depth Leader

growth
#184 of 264 • Top 25.3% in tier

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

Why This Signature
AMR Growth (YoY): 2.64%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $3.0K
(Tier: $3.1K, National: $2.0K)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | New qualifier

Emerging Performer

growth
#137 of 184 • Top 25.7% in tier

Profitable credit union with positive returns. May represent growth potential worth exploring.

Why This Signature
Return on Assets: 0.61%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Member Growth (YoY): -0.53%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
184 of 380 Mid-Market CUs have this signature | 852 nationally
↑ Growing +18 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#202 of 264 • Top 27.8% in tier

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

Why This Signature
AMR Growth (YoY): 2.64%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | New qualifier

Concerns (8)

Efficiency Drag

risk
#52 of 96 • Bottom 15.5% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 80.33%
(Tier: 73.45%, National: 79.10%)
worse than tier avg
ROA Change (YoY): -0.10% points
(Tier: 0.07% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -0.53%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
96 of 380 Mid-Market CUs have this signature | 624 nationally
↓ Shrinking -32 CUs YoY | New qualifier

Credit Quality Pressure

risk
#160 of 217 • Bottom 20.8% in tier

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

Why This Signature
Delinquency Change (YoY): 0.05% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank worsening

Cost Spiral

risk
#14 of 14 • Bottom 23.2% in tier

Historically lean operator now seeing efficiency ratio rise significantly. Efficiency advantage eroding - early intervention critical.

Why This Signature
Efficiency Ratio Change: 6.08% points
(Tier: -7.46% points, National: -1.81% points)
worse than tier avg
Efficiency Ratio (Prior Year): -
(Tier: -, National: -)
Total Assets: $1.10B
(Tier: $1.72B, National: $547.69M)
worse than tier avg
14 of 380 Mid-Market CUs have this signature | 80 nationally
→ Stable (16→14 CUs) -2 CUs YoY | New qualifier

Stagnation Risk

risk
#65 of 85 • Bottom 26.8% in tier

Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.

Why This Signature
Return on Assets: 0.61%
(Tier: 0.71%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -0.53%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $26.3K
(Tier: $29.2K, National: $19.4K)
worse than tier avg
CD Concentration: 17.68%
(Tier: 28.98%, National: 19.60%)
but better than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | New qualifier

Growth-at-Risk

risk
#155 of 161 • Bottom 27.7% in tier

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

Why This Signature
Loan Growth (YoY): 1.46%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
Delinquency Change (YoY): 0.05% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
161 of 380 Mid-Market CUs have this signature | 646 nationally
↓ Shrinking -30 CUs YoY | Rank worsening

Liquidity Strain

risk
#161 of 183 • Bottom 30.5% in tier

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

Why This Signature
Loan-to-Share Ratio: 92.58%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 1.46%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | Rank worsening

Indirect Auto Dependency

risk
#192 of 202 • Bottom 31.0% in tier

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

Why This Signature
Asset Growth (YoY): -0.75%
(Tier: 5.36%, National: 3.04%)
worse than tier avg
Indirect Auto %: 17.78%
(Tier: 18.80%, National: 7.90%)
but better than tier avg
Member Growth (YoY): -0.53%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
202 of 380 Mid-Market CUs have this signature | 768 nationally
↓ Shrinking -7 CUs YoY | Rank worsening

Membership Headwinds

decline
#82 of 85 • Bottom 33.9% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -0.53%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 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 (1 metrics)

30
Share Certificate Concentration (%)
balance_sheet
Value: 17.68%
Peer Avg: 28.53%
#30 of 304 Top 9.5% in 1B-3B tier

Top Weaknesses (4 metrics)

268
Total Assets
balance_sheet
Value: $1.10B
Peer Avg: $1.72B
#268 of 304 Bottom 12.2% in 1B-3B tier
264
Total Deposits
balance_sheet
Value: $946.35M
Peer Avg: $1.45B
#264 of 304 Bottom 13.5% in 1B-3B tier
259
Asset Growth Rate
growth
Value: -0.75%
Peer Avg: 4.83%
#259 of 304 Bottom 15.1% in 1B-3B tier
235
Total Loans
balance_sheet
Value: $876.13M
Peer Avg: $1.23B
#235 of 304 Bottom 23.0% in 1B-3B tier