Vermillion, MN · Cert 10214 · Vermillion Bancshares Inc.
State charter, non-member · FDIC · 6 branches
Q2 2026
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.3% share · #19 of 125 inst. · $0.8B 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% | 1.56% | 1.94% | 1.93% | 2.01% | 1.81% | 1.98% | 2.01% | +8 bps | |
| Return on Equity | 13.17% | 12.57% | 15.48% | 15.38% | 15.89% | 14.28% | 15.43% | 15.54% | +16 bps | |
| Net Interest Margin | 2.73% | 2.82% | 3.19% | 3.24% | 3.21% | 3.18% | 3.16% | 3.19% | -5 bps | |
| Efficiency Ratio | 28.47% | 36.14% | 24.45% | 27.10% | 25.56% | 33.93% | 23.95% | 23.23% | -387 bps | |
| Non-Interest Burden | 0.65% | 0.88% | 0.67% | 0.77% | 0.71% | 0.98% | 0.64% | 0.62% | -15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.68% | 1.02% | 1.18% | 6.34% | 5.71% | 9.93% | 9.09% | 5.32% | -102 bps | |
| Loan Growth (YoY) | 5.07% | 7.11% | 9.29% | 7.02% | 7.39% | 3.08% | 2.29% | 3.61% | -342 bps | |
| Deposit Growth (YoY) | 4.17% | 0.69% | 0.15% | 6.34% | 6.53% | 9.26% | 9.12% | 4.80% | -154 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.22% | 0.18% | 0.00% | 0.08% | 0.29% | 0.34% | 0.31% | 0.24% | +16 bps | |
| Net Charge-Offs / Loans | -0.01% | -0.02% | -0.32% | -0.31% | -0.21% | -0.01% | -0.18% | -0.12% | +19 bps | |
| Allowance / Loans | 1.65% | 1.58% | 1.66% | 1.71% | 1.70% | 1.54% | 1.59% | 1.57% | -14 bps | |
| Allowance Coverage of NPLs | 7.6x | 8.6x | 955.3x | 20.6x | 5.8x | 4.5x | 5.1x | 6.5x | -14.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.50% | 12.39% | 13.07% | 12.78% | 12.77% | 12.74% | 13.11% | 13.40% | +62 bps | |
| Total Risk-Based Capital | 13.50% | 12.39% | 13.07% | 12.78% | 12.77% | 12.74% | 13.11% | 13.40% | +62 bps | |
| Equity / Assets | 13.37% | 12.22% | 12.87% | 12.58% | 12.79% | 12.80% | 12.89% | 13.05% | +47 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 51.80% | 54.38% | 54.18% | 53.15% | 52.22% | 51.30% | 50.79% | 52.54% | -61 bps | |
| Liquid Assets / Assets | 10.08% | 6.44% | 7.55% | 8.52% | 7.12% | 6.78% | 7.73% | 6.57% | -195 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 97.72% | 99.83% | 93.35% | n/a | n/a | |