Missouri Credit Unions

Member engagement showed mixed signals as growth accelerated to -0.01% from -0.57% quarter-over-quarter, representing significant improvement in retention trends. However, the year-over-year comparison reveals concerning deceleration from positive 1.61% growth to slight contraction, indicating ongoing membership acquisition challenges despite quarterly stabilization efforts.

Profitability metrics remained stable in Q4 2025 with ROA holding steady at 0.72% quarter-over-quarter while showing solid annual improvement of 9 basis points from 0.63%. NIM maintained strength at 3.83%, unchanged quarterly but up 11 basis points year-over-year, demonstrating effective spread management despite rate environment challenges.

Growth momentum accelerated across key metrics with asset growth reaching 3.90%, up 55 basis points quarterly, though decelerating 72 basis points annually from 4.62%. Loan growth turned positive at 0.86%, accelerating significantly from -0.16% last quarter and outpacing the national 0.52% benchmark by 34 basis points.

Risk profile remained stable with delinquencies at 0.87%, up modestly by 5 basis points quarterly and 4 basis points annually from prior periods. Net worth decreased slightly to 11.96% from 12.10% quarterly but improved 18 basis points year-over-year, maintaining adequate capital buffers despite remaining below national levels.

Portfolio composition continued evolving with indirect auto lending decreasing to 10.03%, down 25 basis points quarterly and 108 basis points annually. Certificate concentrations increased to 18.25%, up modestly in both timeframes, while first mortgage exposure grew to 16.29%, reflecting strategic diversification efforts though remaining below national benchmarks.