Vermillion State Bank

Vermillion, MN · Cert 10214 · Peer group: banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (n=53) · Vermillion Bancshares Inc.

State charter, non-member · FDIC · 6 branches

Q2 2026

$931.4MAssets

$423.8MLoans

$806.6MDeposits

$121.5MEquity

Executive Summary

Strongest standing: efficiency ratio outperforms 100% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 1 of 53).
Widest gap: net interest margin trails 81% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 43 of 53).
Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

2.01%

Rank 3 of 53

Net Interest Margin

3.19%

Rank 43 of 53

Efficiency Ratio

23.23%

Rank 1 of 53

Equity / Assets

13.05%

Rank 5 of 53

Non-interest income vs. expense

Unfavorable gap of $5.8M · efficiency ratio beats 100% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area

Metric	Your Bank	Peer 25th	Peer Median	Peer 75th	Standing	Rank
Earnings
Return on Assets	2.01%	0.73%	1.11%	1.30%	Beats 94%	3 / 53
Return on Equity	15.40%	7.88%	12.20%	14.12%	Beats 85%	8 / 53
Net Interest Margin	3.19%	3.39%	3.77%	4.09%	Beats 19%	43 / 53
Efficiency Ratio	23.23%	56.05%	65.05%	71.57%	Beats 100%	1 / 53
Asset Quality
Nonperforming Loans / Loans	0.24%	0.14%	0.52%	1.20%	Beats 64%	20 / 53
Net Charge-Offs / Loans	0.00%	0.00%	0.01%	0.08%	Beats 72%	16 / 53
Capital
Tier 1 Capital Ratio	13.40%	10.73%	12.98%	15.08%	Beats 57%	23 / 53
Total Risk-Based Capital Ratio	13.40%	11.49%	13.79%	16.34%	Beats 43%	30 / 53
Equity / Assets	13.05%	8.08%	9.25%	10.72%	Beats 91%	5 / 53
Liquidity & Funding
Loans / Deposits	52.54%	72.13%	82.29%	93.80%	6th pctl	50 / 53
Loans / Assets	45.50%	63.64%	71.80%	79.37%	6th pctl	50 / 53
Brokered Deposits / Deposits	n/a	Not reported for this institution