Watford City, ND · Cert 10248 · Watford City Bancshares Inc.
State charter, non-member · FDIC · 28 branches
Q2 2026
Market Position · Fargo, ND-MN · 2026 SOD (annual) · 11.9% share · #2 of 32 inst. · $1.5B of $12.9B
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 | 1.25% | 1.61% | 1.93% | 1.57% | 1.41% | 1.38% | 1.00% | 0.96% | -61 bps | |
| Return on Equity | 16.57% | 20.90% | 22.93% | 18.64% | 16.71% | 16.40% | 11.87% | 11.40% | -724 bps | |
| Net Interest Margin | 3.54% | 3.63% | 3.82% | 3.81% | 3.77% | 3.75% | 3.77% | 3.83% | +2 bps | |
| Efficiency Ratio | 64.44% | 66.35% | 64.71% | 65.01% | 65.65% | 65.93% | 67.99% | 70.42% | +541 bps | |
| Non-Interest Burden | 1.92% | 2.08% | 2.15% | 2.16% | 2.17% | 2.18% | 2.30% | 2.46% | +30 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.01% | 5.45% | 5.51% | 1.78% | 5.57% | 12.98% | 10.47% | 12.36% | +1,058 bps | |
| Loan Growth (YoY) | 5.34% | 2.15% | 1.16% | 2.64% | 4.76% | 7.82% | 9.80% | 9.35% | +671 bps | |
| Deposit Growth (YoY) | 10.64% | 7.46% | 4.95% | -0.65% | 4.50% | 12.32% | 9.74% | 13.67% | +1,432 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.56% | 0.38% | 1.38% | 1.93% | 1.83% | 1.85% | 1.62% | 1.54% | -39 bps | |
| Net Charge-Offs / Loans | 0.14% | 0.12% | 0.00% | 0.01% | 0.06% | 0.04% | 0.35% | 0.20% | +19 bps | |
| Allowance / Loans | 1.01% | 1.03% | 1.06% | 1.05% | 1.05% | 1.09% | 1.05% | 1.04% | -1 bps | |
| Allowance Coverage of NPLs | 1.8x | 2.7x | 0.8x | 0.5x | 0.6x | 0.6x | 0.6x | 0.7x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.51% | 9.17% | 9.64% | 9.31% | 9.17% | 9.29% | 9.32% | 9.06% | -25 bps | |
| Total Risk-Based Capital | 11.37% | 12.28% | 12.80% | 12.06% | 11.92% | 12.05% | 12.16% | 11.71% | -35 bps | |
| Equity / Assets | 7.89% | 8.17% | 8.65% | 8.50% | 8.55% | 8.29% | 8.59% | 8.38% | -11 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.84% | 90.31% | 89.68% | 94.94% | 93.07% | 86.69% | 89.72% | 91.33% | -361 bps | |
| Liquid Assets / Assets | 2.18% | 5.00% | 4.97% | 1.48% | 2.97% | 8.65% | 5.76% | 4.30% | +283 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 403% | 399% | 390% | n/a | n/a | |