credit union · NCUA 24047 · MI
How big is FOREST AREA?
FOREST AREA (MI, NCUA charter 24047) reported total assets of $318.3M, 21,720 members and a net worth ratio of 12.76% in its Call Report for 2026Q2. That ranks 1019 of 4,299 federally insured credit unions by assets, 260 of 1,061 among credit unions with $100m-$500m in assets, 63 of 169 credit unions in michigan.
What stands out
FOREST AREA (MI, NCUA charter 24047) reported total assets of $318.3M, 21,720 members and a net worth ratio of 12.76% in its Call Report for 2026Q2. That ranks 1019 of 4,299 federally insured credit unions by assets, 260 of 1,061 among credit unions with $100m-$500m in assets, 63 of 169 credit unions in michigan. Against its size class: net worth ratio 12.76%, above the peer median of 11.65%; loan-to-share ratio 71.46%, below the peer median of 73.15%; return on assets 1.69%, above the peer median of 0.74%. At 12.76% its net worth ratio is above the 7% NCUA threshold, which puts it in the "well capitalised" band of prompt corrective action; the regulator applies further tests, this page does not.
Key figures, 2026Q2
As filed with the NCUA; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same quarter.
| Measure | 2026Q2 | Median, size class | Median, state | Median, all | Evidence |
|---|---|---|---|---|---|
| Total assets | $318.3M | $198.1M | $186.5M | $68.3M | record → |
| Shares and deposits | $277.8M | $172.3M | $160.8M | $58.3M | record → |
| Loans outstanding | $198.5M | $125.2M | $115.9M | $34.4M | record → |
| Net income (year to date) | $2.7M | $766.3k | $792.8k | $222.2k | record → |
| Net worth | $40.6M | $24.5M | $22.8M | $9.0M | record → |
| Net worth ratio | 12.76% | 11.65% | 12.03% | 12.65% | record → |
| Loan-to-share ratio | 71.46% | 73.15% | 68.71% | 68.70% | computed |
| Return on assets | 1.69% | 0.74% | 0.92% | 0.71% | computed |
| Members | 21,720 | 13,230 | 13,435 | 4,818 | record → |
Quarter by quarter
45 Call Reports on record, 2015Q2–2026Q2; the 40 most recent shown.
| Quarter | Total assets | Shares | Loans | Net income YTD | Net worth ratio | Members | Rank |
|---|---|---|---|---|---|---|---|
| 2026Q2 | $318.3M | $277.8M | $198.5M | $2.7M | 12.76% | 21,720 | 1019 |
| 2026Q1 | $317.9M | $278.7M | $194.8M | $1.1M | 12.30% | 21,325 | 1016 |
| 2025Q4 | $309.6M | $271.0M | $196.8M | $4.5M | 12.28% | 21,085 | 1022 |
| 2025Q3 | $305.9M | $269.1M | $193.6M | $2.9M | 11.90% | 20,872 | 1026 |
| 2025Q2 | $297.9M | $262.9M | $190.3M | $1.7M | 11.80% | 20,599 | 1041 |
| 2025Q1 | $289.1M | $255.0M | $186.7M | $976.9k | 11.96% | 20,143 | 1057 |
| 2024Q4 | $274.8M | $242.0M | $188.4M | $4.1M | 12.23% | 19,899 | 1068 |
| 2024Q3 | $272.5M | $239.3M | $188.3M | $3.6M | 12.13% | 19,719 | 1073 |
| 2024Q2 | $262.6M | $232.0M | $184.9M | $2.4M | 12.15% | 19,394 | 1092 |
| 2024Q1 | $253.9M | $224.6M | $178.9M | $1.3M | 12.14% | 19,113 | 1117 |
| 2023Q4 | $244.1M | $215.7M | $178.8M | $4.2M | 12.12% | 18,964 | 1127 |
| 2023Q3 | $238.3M | $213.0M | $175.5M | $2.8M | 11.81% | 18,956 | 1144 |
| 2023Q2 | $235.8M | $208.7M | $173.9M | $1.7M | 11.48% | 18,744 | 1147 |
| 2023Q1 | $231.7M | $204.9M | $168.1M | $780.8k | 11.30% | 18,432 | 1165 |
| 2022Q4 | $220.9M | $195.6M | $163.7M | $4.3M | 11.50% | 18,198 | 1191 |
| 2022Q3 | $215.3M | $194.1M | $152.7M | $3.0M | 11.20% | 17,932 | 1205 |
| 2022Q2 | $212.5M | $191.2M | $140.9M | $1.7M | 10.76% | 17,688 | 1213 |
| 2022Q1 | $206.4M | $184.8M | $129.8M | $841.2k | 10.63% | 17,236 | 1234 |
| 2021Q4 | $194.3M | $172.5M | $123.6M | $2.8M | 10.86% | 17,038 | 1264 |
| 2021Q3 | $184.2M | $163.1M | $117.4M | $2.0M | 11.01% | 16,712 | 1291 |
| 2021Q2 | $174.7M | $154.0M | $111.6M | $1.3M | 11.20% | 16,186 | 1329 |
| 2021Q1 | $174.8M | $154.4M | $106.5M | $654.5k | 10.81% | 15,805 | 1320 |
| 2020Q4 | $158.0M | $138.5M | $104.7M | $922.7k | 11.55% | 15,477 | 1357 |
| 2020Q3 | $149.4M | $130.3M | $98.6M | $508.0k | 11.94% | 15,245 | 1377 |
| 2020Q2 | $147.5M | $128.5M | $92.8M | $271.4k | 11.93% | 14,787 | 1375 |
| 2020Q1 | $130.1M | $111.1M | $83.3M | $146.1k | 13.43% | 14,429 | 1433 |
| 2019Q4 | $127.1M | $108.6M | $81.1M | $385.8k | 13.63% | 14,180 | 1425 |
| 2019Q3 | $122.0M | $102.4M | $77.9M | $267.9k | 14.11% | 13,649 | 1456 |
| 2019Q2 | $119.1M | $99.0M | $70.8M | $161.8k | 14.35% | 13,086 | 1483 |
| 2019Q1 | $115.6M | $96.0M | $62.7M | $43.1k | 14.70% | 12,600 | 1513 |
| 2018Q4 | $112.4M | $93.1M | $58.1M | $671.0k | 15.08% | 12,208 | 1509 |
| 2018Q3 | $110.3M | $93.3M | $55.2M | $525.9k | 15.22% | 12,039 | 1531 |
| 2018Q2 | $109.6M | $92.9M | $52.8M | $355.6k | 15.18% | 11,879 | 1542 |
| 2018Q1 | $113.2M | $96.4M | $49.0M | $138.6k | 14.49% | 11,698 | 1508 |
| 2017Q4 | $108.1M | $91.2M | $48.3M | $1.4M | 15.06% | 11,613 | 1532 |
| 2017Q3 | $106.9M | $90.2M | $47.0M | $1.2M | 15.02% | 11,605 | 1543 |
| 2017Q2 | $106.0M | $89.3M | $44.7M | $1.2M | 15.11% | 11,535 | 1555 |
| 2017Q1 | $105.4M | $89.9M | $44.2M | $83.0k | 14.17% | 11,487 | 1565 |
| 2016Q4 | $104.6M | $89.2M | $45.0M | $677.3k | 14.20% | 11,414 | 1548 |
| 2016Q3 | $102.6M | $87.0M | $46.1M | $508.4k | 14.31% | 11,377 | 1562 |
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