Gladstone, MI · Cert 1092 · Baybank Corp.
State charter, non-member · FDIC · 3 branches
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 | 1.22% | 1.26% | 1.24% | 1.36% | 1.58% | 1.53% | 1.41% | 1.04% | -32 bps | |
| Return on Equity | 14.12% | 14.23% | 14.03% | 14.97% | 16.62% | 15.60% | 14.31% | 10.49% | -448 bps | |
| Net Interest Margin | 4.01% | 4.01% | 3.86% | 4.18% | 4.48% | 4.50% | 4.42% | 4.57% | +38 bps | |
| Efficiency Ratio | 64.76% | 60.99% | 62.65% | 62.64% | 59.52% | 58.90% | 61.10% | 70.58% | +795 bps | |
| Non-Interest Burden | 2.42% | 2.02% | 2.23% | 2.45% | 2.44% | 2.44% | 2.52% | 3.09% | +64 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.76% | 2.02% | 6.82% | 6.53% | 6.00% | 5.81% | 5.77% | 5.04% | -149 bps | |
| Loan Growth (YoY) | 7.28% | 5.35% | 4.44% | 9.86% | 6.26% | 6.89% | 7.38% | 7.11% | -275 bps | |
| Deposit Growth (YoY) | 2.25% | 2.01% | 7.04% | 6.28% | 5.26% | 1.99% | 1.01% | 0.44% | -583 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.94% | 1.33% | 0.99% | 1.12% | 0.85% | 1.54% | 1.58% | 2.02% | +89 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.03% | 0.02% | 0.04% | 0.01% | 0.03% | 0.07% | 0.05% | 0 bps | |
| Allowance / Loans | 1.29% | 1.46% | 1.45% | 1.41% | 1.43% | 1.46% | 1.45% | 1.44% | +3 bps | |
| Allowance Coverage of NPLs | 0.7x | 1.1x | 1.5x | 1.3x | 1.7x | 0.9x | 0.9x | 0.7x | -0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.92% | 9.92% | 9.98% | 10.13% | 10.37% | 10.62% | 10.77% | 10.71% | +58 bps | |
| Total Risk-Based Capital | 9.92% | 9.92% | 9.98% | 10.13% | 10.37% | 10.62% | 10.77% | 10.71% | +58 bps | |
| Equity / Assets | 8.93% | 8.74% | 8.91% | 9.26% | 9.74% | 9.91% | 9.82% | 10.00% | +74 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.40% | 85.62% | 84.37% | 87.96% | 89.24% | 89.73% | 89.69% | 93.80% | +584 bps | |
| Liquid Assets / Assets | 1.28% | 3.85% | 4.67% | 1.72% | 2.15% | 3.74% | 5.19% | 2.23% | +50 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 202% | 204% | 208% | n/a | n/a | |