Pierz, MN · Cert 10165 · Farmers&Merchants Agency Inc.
State charter, non-member · FDIC · 3 branches
Q2 2026
Market Position · St. Cloud, MN · 2026 SOD (annual) · 0.8% share · #22 of 32 inst. · $0.1B of $7.9B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.15% | 1.24% | 0.42% | 1.00% | 0.93% | 1.09% | 1.09% | 1.36% | +36 bps | |
| Return on Equity | 18.18% | 19.78% | 6.90% | 15.99% | 14.32% | 16.06% | 15.07% | 19.09% | +311 bps | |
| Net Interest Margin | 3.73% | 3.71% | 4.08% | 4.18% | 4.14% | 4.17% | 4.49% | 4.63% | +45 bps | |
| Efficiency Ratio | 62.32% | 60.89% | 61.37% | 62.39% | 59.06% | 57.42% | 60.15% | 58.23% | -415 bps | |
| Non-Interest Burden | 2.19% | 2.12% | 2.37% | 2.47% | 2.30% | 2.25% | 2.57% | 2.55% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.11% | 7.12% | 3.92% | 2.49% | -0.67% | 3.78% | 3.25% | 4.61% | +212 bps | |
| Loan Growth (YoY) | 6.52% | 5.42% | 5.49% | -6.86% | -3.25% | -2.69% | -2.66% | 10.39% | +1,725 bps | |
| Deposit Growth (YoY) | 9.10% | 6.66% | 5.50% | 2.48% | -1.24% | 2.55% | 3.26% | 3.35% | +87 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.45% | 0.06% | 0.17% | 1.18% | 1.30% | 1.39% | 1.23% | 1.03% | -15 bps | |
| Net Charge-Offs / Loans | -0.01% | -0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.99% | 0.66% | +66 bps | |
| Allowance / Loans | 1.34% | 1.32% | 1.35% | 1.34% | 1.34% | 1.45% | 1.40% | 1.32% | -3 bps | |
| Allowance Coverage of NPLs | 3.0x | 22.8x | 8.0x | 1.1x | 1.0x | 1.0x | 1.1x | 1.3x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.86% | 9.83% | 9.81% | 10.15% | 9.75% | 9.93% | 8.97% | 9.28% | -87 bps | |
| Total Risk-Based Capital | 9.86% | 9.83% | 9.81% | 10.15% | 9.75% | 9.93% | 8.97% | 9.28% | -87 bps | |
| Equity / Assets | 6.36% | 6.11% | 6.05% | 6.69% | 7.25% | 7.80% | 6.59% | 6.99% | +29 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 68.85% | 71.74% | 74.17% | 67.12% | 67.45% | 68.07% | 69.92% | 71.69% | +457 bps | |
| Liquid Assets / Assets | 1.16% | 1.19% | 6.11% | 8.67% | 5.59% | 2.54% | 1.85% | 1.38% | -729 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 108.27% | 103.60% | 108.48% | n/a | n/a | |