MERCO
Charter #64766 · Merced, CA · $100M-$500M
Public 5300 data · as of 2026Q1
What the numbers say
- Return on average assets of 1.43% ranks in the 84th percentile among structurally similar credit unions — a relative strength.
- Net interest margin of 5.21% ranks in the 92nd percentile among structurally similar credit unions — a relative strength.
- Cost of funds of 0.01% ranks in the 0th percentile among structurally similar credit unions — a relative strength.
- Delinquency 60+ days of 1.57% sits at the 87th percentile of structural peers — worth a closer look.
- Net charge-off ratio of 2.73% sits at the 98th percentile of structural peers — worth a closer look.
Headline ratios vs. peers
Two peer definitions side by side: the NCUA asset-size band, and Innorve's structural peers matched on loan mix, size, growth and geography.
| Metric | MERCO | Asset-tier percentile | Structural percentile |
|---|---|---|---|
| Total assets | $207.01M | 53th pct | 74th pct |
| Members | 16,190 | 64th pct | 66th pct |
| Net worth ratio | 12.51% | 64th pct | 61th pct |
| Return on average assets | 1.43% | 87th pct | 84th pct |
| Net interest margin | 5.21% | 98th pct | 92th pct |
| Cost of funds | 0.01% | 2th pct | 0th pct |
| Loan-to-share | 67.59% | 41th pct | 38th pct |
| Delinquency 60+ days | 1.57% | 90th pct | 87th pct |
| Net charge-off ratio | 2.73% | 99th pct | 98th pct |
| Loan growth YoY | -2.80% | 18th pct | 30th pct |
| Share growth YoY | 2.41% | 34th pct | 31th pct |
| Efficiency ratio | 55.65% | 5th pct | 8th pct |
structural peer set hash: e2772057aa7177ec129e2693e89a7fc5… (reproducible)
Closest structural peers
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Source: public NCUA 5300 Call Report data, cycle 2026Q1. Figures are computed deterministically by Innorve and may differ from figures the institution reports elsewhere. This page is informational and is not endorsed by the credit union or the NCUA.