Gonvick, MN · Cert 10187
State charter, non-member · FDIC · 1 branch
Q2 2026
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.04% | 1.71% | 1.28% | 1.04% | 1.16% | 1.12% | 1.33% | 1.29% | +25 bps | |
| Return on Equity | 12.36% | 10.73% | 8.57% | 6.65% | 6.87% | 7.02% | 9.03% | 8.37% | +172 bps | |
| Net Interest Margin | 3.50% | 3.31% | 2.86% | 2.68% | 2.86% | 2.78% | 3.12% | 3.00% | +33 bps | |
| Efficiency Ratio | 7.03% | 37.33% | 44.42% | 50.69% | 50.00% | 51.72% | 46.24% | 47.03% | -366 bps | |
| Non-Interest Burden | 0.15% | 1.18% | 1.22% | 1.30% | 1.38% | 1.38% | 1.40% | 1.36% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.93% | 1.22% | 0.74% | 0.66% | 1.26% | 2.54% | 1.99% | 0.59% | -7 bps | |
| Loan Growth (YoY) | 3.93% | 7.18% | 8.18% | 2.69% | 8.75% | 9.58% | 14.51% | 16.40% | +1,370 bps | |
| Deposit Growth (YoY) | 7.40% | 0.42% | 0.11% | 0.15% | 1.20% | 2.52% | 2.35% | 0.94% | +79 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.42% | 1.32% | 1.23% | 1.20% | 1.24% | 0.79% | 1.02% | 1.00% | -20 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.10% | -0.02% | -0.12% | 0.00% | 0.22% | 0.00% | -0.02% | +10 bps | |
| Allowance / Loans | 3.77% | 3.70% | 3.66% | 3.71% | 3.47% | 3.24% | 3.06% | 3.03% | -67 bps | |
| Allowance Coverage of NPLs | 2.7x | 2.8x | 3.0x | 3.1x | 2.8x | 4.1x | 3.0x | 3.0x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 16.63% | 15.23% | 15.22% | 15.50% | 16.85% | 14.85% | 14.97% | 15.75% | +25 bps | |
| Total Risk-Based Capital | 55.37% | 52.24% | 50.36% | 53.98% | 51.15% | 47.80% | 44.29% | 47.46% | -652 bps | |
| Equity / Assets | 17.32% | 14.63% | 15.15% | 16.26% | 17.43% | 14.61% | 14.89% | 16.02% | -24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 41.78% | 36.48% | 37.73% | 39.67% | 44.89% | 38.99% | 42.21% | 45.74% | +607 bps | |
| Liquid Assets / Assets | 44.27% | 50.01% | 14.29% | 20.89% | 1.69% | 13.03% | 9.34% | 16.49% | -440 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 31.84% | 41.26% | 47.62% | n/a | n/a | |