Becker, MN · Cert 10169 · Saint Joseph Bancshares Acquisitions
State charter, non-member · FDIC · 1 affiliate bank · 4 branches (8 in holding)
Q2 2026
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.1% share · #50 of 125 inst. · $0.3B of $253.2B
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 | 1.64% | 1.75% | 1.74% | 1.83% | 1.87% | 1.81% | 1.97% | 2.01% | +18 bps | |
| Return on Equity | 22.58% | 23.61% | 21.96% | 22.83% | 22.95% | 22.00% | 23.28% | 23.58% | +75 bps | |
| Net Interest Margin | 3.88% | 3.92% | 4.22% | 4.17% | 4.12% | 4.10% | 4.42% | 4.40% | +23 bps | |
| Efficiency Ratio | 48.42% | 46.87% | 49.18% | 46.98% | 46.33% | 45.85% | 45.00% | 43.95% | -304 bps | |
| Non-Interest Burden | 1.52% | 1.41% | 1.63% | 1.46% | 1.46% | 1.45% | 1.51% | 1.42% | -4 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.09% | 7.94% | 13.04% | 10.52% | 10.11% | 19.58% | 13.28% | 14.07% | +355 bps | |
| Loan Growth (YoY) | 20.34% | 15.78% | 19.97% | 14.85% | 16.82% | 21.51% | 15.73% | 16.12% | +127 bps | |
| Deposit Growth (YoY) | 16.47% | 11.85% | 16.53% | 12.40% | 14.36% | 21.73% | 13.42% | 14.68% | +228 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | 0.29% | 0.02% | 0.02% | +2 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | -0.02% | -0.03% | -3 bps | |
| Allowance / Loans | 1.31% | 1.36% | 1.37% | 1.34% | 1.31% | 1.37% | 1.39% | 1.44% | +10 bps | |
| Allowance Coverage of NPLs | 45.0x | 47.7x | n/a | n/a | n/a | 4.7x | 65.5x | 64.7x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.68% | 9.17% | 9.16% | 9.18% | 9.24% | 9.43% | 9.21% | 9.46% | +28 bps | |
| Total Risk-Based Capital | 11.19% | 11.52% | 11.10% | 11.30% | 11.52% | 11.49% | 11.32% | 11.49% | +19 bps | |
| Equity / Assets | 7.53% | 8.06% | 7.75% | 8.25% | 8.42% | 8.53% | 8.36% | 8.73% | +48 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.81% | 95.13% | 92.30% | 95.38% | 91.75% | 94.96% | 94.19% | 96.58% | +120 bps | |
| Liquid Assets / Assets | 0.42% | 0.29% | 0.36% | 0.38% | 0.36% | 0.28% | 0.24% | 0.61% | +23 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 471% | 487% | 508% | n/a | n/a | |