The net charge-off ratio was 1.58% for the second quarter, down from 1.69% a year earlier and down from 1.67% in the first quarter.
The Top 10 was the same lineup in the same order as the first quarter:

Navy Federal Credit Union, Vienna, Va. ($191.8 billion, 14.8 million members) had ROA of 0.91% in the second quarter, down from 1.26% a year earlier and 1.05% in the first quarter. Originations were $15.6 billion, up 2.9% from a year earlier and up 11.8% from the first quarter.
State Employees' Credit Union, Raleigh, N.C. ($56.2 billion, 2.9 million members) had ROA of 0.98% in the second quarter, up from 0.17% a year earlier and 0.33% in the first quarter. Originations were $2.5 billion, up 5.7% from a year earlier and down 3.6% from the first quarter.
SchoolsFirst Federal Credit Union, Santa Ana, Calif. ($34.1 billion, 1.5 million members) had ROA of 0.64% in the second quarter, up from 0.36% a year earlier and 0.55% in the first quarter. Originations were $2.2 billion, up 33.9% from a year earlier and up 26.2% from the first quarter.
PenFed Credit Union, Tysons, Va. ($30 billion, 2.8 million members) had ROA of 0.31% in the second quarter, up from 0.26% a year earlier and down from 0.77% in the first quarter. Originations were $1.5 billion, up 7% from a year earlier and up 54% from the first quarter.
BECU, Tukwila, Wash. ($28.9 billion, 1.5 million members) had ROA of 0.64% in the second quarter, down from 0.82% a year earlier and 0.69% in the first quarter. Originations were $1.7 billion, down 6.8% from a year earlier and up 20% from the first quarter.
America First Federal Credit Union, Riverdale, Utah ($22.9 billion, 1.5 million members) had ROA of 1.38% in the second quarter, down from 0.94% a year earlier and unchanged from the first quarter. Originations were $2 billion, up 29% from a year earlier and up 23% from the first quarter.
Mountain America Federal Credit Union, Salt Lake City ($21.5 billion, 1.4 million members) had ROA of 0.60% in the second quarter, down from 0.86% a year earlier and 0.94% in the first quarter. Originations were $1.8 billion, down 2.3% from a year earlier and down 1.2% from the first quarter.
Golden 1 Credit Union, Sacramento, Calif. ($20.6 billion, 1.2 million members) had ROA of 0.53% in the second quarter, unchanged from 0.53% a year earlier and down slightly from 0.56% in the first quarter. Originations were $1.6 billion, up 7.7% from a year earlier and up 8.5% from the first quarter.
Alliant Credit Union, Chicago ($20 billion, 924,926 members) had ROA of 0.84% in the second quarter, up from 0.55% a year earlier and 0.40% in the first quarter. Originations were $1.6 billion, up 80% from a year earlier and up 39% from the first quarter.
Suncoast Credit Union, Tampa, Fla. ($18.9 billion, 1.3 million members) had ROA of 1.22% in the second quarter, up from 0.61% a year earlier and 0.97% in the first quarter. Originations were $1.6 billion, up 102% from a year earlier and up 14% from the first quarter.

Contact Jim DuPlessis at JDuPlessis@cutimes.com.

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Top 10 Credit Union Earnings Flat, But Originations Grow

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