Mississippi Credit Unions

Member engagement showed mixed signals in Q4 2025. Member growth accelerated to 1.47% from 0.89% quarter-over-quarter, demonstrating strong recent momentum. However, year-over-year comparisons reveal deceleration from 5.11% to 1.47%, indicating cooling expansion. The cohort significantly outperformed the national average of -0.69%, maintaining 2.17 percentage points above the industry benchmark.

Profitability metrics demonstrated solid performance in Q4 2025. ROA increased to 0.85% from 0.80% quarter-over-quarter and remained stable year-over-year at 0.84%, sitting 12 basis points above the national benchmark. NIM held steady at 4.40% QoQ while improving from 4.26% YoY, maintaining a substantial 68 basis point advantage over national levels. Fee income surged to 138.32% from 126.53% QoQ.

Growth momentum accelerated significantly in Q4 2025. Asset growth accelerated to 3.75% from 2.27% quarter-over-quarter, though decelerated from 6.66% year-over-year. Deposit growth accelerated sharply to 3.67% from 1.99% QoQ. Loan growth remained stable at 3.25% QoQ. All growth metrics substantially exceeded national benchmarks, with the cohort outperforming industry averages across all categories.

Risk metrics presented mixed signals in Q4 2025. Delinquencies increased to 1.51% from 1.25% quarter-over-quarter, raising near-term concerns. However, year-over-year comparisons show improvement, decreasing from 1.77% to 1.51%. Net worth remained stable at 17.89% QoQ and increased from 17.14% YoY, providing a strong 4.21 percentage point buffer above national levels.

Portfolio composition remained relatively stable with modest shifts in Q4 2025. Certificate concentration increased to 19.39% from 19.26% QoQ and from 18.10% YoY, approaching the national benchmark of 19.80%. First mortgage exposure rose slightly to 8.29% from 8.20% QoQ and 8.15% YoY, remaining well below the national average of 21.97%. Indirect auto lending stayed minimal at 2.46%.