Louisiana Credit Unions

Member engagement deteriorated significantly as member growth decelerated to -1.69% in Q4 2025 from -1.58% in Q3 2025, representing a dramatic reversal from positive 2.46% growth in Q4 2024. The cohort now trails the national benchmark by 100 basis points, indicating persistent membership acquisition and retention challenges across both timeframes.

Profitability showed mixed performance with ROA decreasing to 0.56% from 0.67% quarter-over-quarter but increasing from 0.44% year-over-year. NIM decreased slightly to 4.21% from 4.26% quarterly while improving from 4.09% annually. Despite quarterly headwinds, the cohort maintains a strong 48 basis point advantage over the national NIM benchmark.

Growth metrics presented a mixed picture as asset growth accelerated to 0.85% from 0.61% quarter-over-quarter but decelerated sharply from 5.58% year-over-year. Loan growth accelerated to -2.91% from -3.34% quarterly, showing improvement but remaining in negative territory and trailing national benchmarks by 3.43 percentage points.

Risk indicators worsened across both timeframes as delinquencies increased to 1.65% from 1.23% quarter-over-quarter and from 1.43% year-over-year. Net worth decreased to 17.20% from 17.41% quarterly but improved from 16.58% annually. The cohort maintains strong capitalization at 3.52 percentage points above national levels despite rising credit concerns.

Portfolio composition showed modest shifts with certificate concentrations increasing to 15.23% from 15.05% quarterly and from 13.97% annually. First mortgage holdings increased slightly to 11.15% from 11.05% quarterly but decreased from 11.25% annually. Indirect auto concentrations decreased to 5.00% from 5.30% quarterly while increasing from 4.88% annually, remaining below national benchmarks.