Kansas Credit Unions

Member engagement declined significantly with growth decelerated to -0.61% from -0.38% quarter-over-quarter and from 2.38% year-over-year, indicating sustained membership attrition. The negative growth rate, though performing 8 basis points better than the national benchmark of -0.69%, reflects ongoing challenges in member acquisition and retention across Kansas credit unions.

Profitability presented mixed signals as ROA decreased to 0.66% from 0.80% quarter-over-quarter but increased from 0.50% year-over-year. NIM remained stable at 3.97% QoQ while strengthening from 3.70% YoY, demonstrating resilient interest margins 24 basis points above national levels despite quarterly earnings pressure.

Growth momentum accelerated quarter-over-quarter with asset growth reaching 3.11% from 1.86% and deposit growth surging to 3.13% from 2.16%. However, year-over-year trends showed deceleration as asset growth slowed from 5.00%. Loan growth decelerated slightly to 0.84% from 0.98% QoQ while maintaining strength above national benchmarks.

Risk metrics deteriorated as delinquencies increased to 1.13% from 0.98% quarter-over-quarter and from 1.06% year-over-year, rising 23 basis points above national levels. Net worth remained stable at 13.99% QoQ while strengthening from 13.72% YoY, providing adequate capital cushion despite emerging credit quality pressures.

Portfolio composition shifted modestly with certificate concentrations increasing to 24.55% from 24.24% QoQ and 24.44% YoY, reaching 475 basis points above national levels. First mortgage exposure declined to 15.57% while indirect auto lending decreased to 12.21%, both trending below national benchmarks but maintaining conservative positioning.