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Janesville State Bank

Janesville, MN · Cert 10960 · Janesville Holding Co.

State charter, non-member · FDIC · 1 branch

Q2 2026

$98.8MAssets
$70.3MLoans
$84.1MDeposits
$10.7MEquity
Loan mix
87%RE $49.6M8%C&I $4.7M4%Consumer $2.5MQ3 2024Q2 2026
Deposit mix
77%Interest-bearing $65.0M23%Noninterest $19.1MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.39%, up 10 bps year over year; NIM at 3.37%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.44%, down 98 bps from a year ago.
  • Funding: loans stand at 83.62% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

1.39%+10 bps YoY

Net Interest Margin (quarter, annualized)

3.37%+4 bps YoY

Efficiency Ratio (quarter, annualized)

52.50%-177 bps YoY

Tier 1 Leverage Ratio

11.44%-98 bps YoY

NIM

4.61%Q2 ’244.95%Q2 ’255.00%Q2 ’26+24%+1%

Non-interest income vs. expense

1.79%Q2 ’241.95%Q2 ’251.90%Q2 ’26+12%-2%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.93%0.84%1.09%1.29%1.33%1.27%1.28%1.39%+10 bps
Return on Equity8.73%7.62%9.90%11.47%11.61%10.88%11.33%12.76%+129 bps
Net Interest Margin2.79%2.83%3.07%3.33%3.24%3.35%3.37%3.37%+4 bps
Efficiency Ratio61.41%65.80%58.84%54.27%52.54%55.57%55.08%52.50%-177 bps
Non-Interest Burden1.61%1.77%1.70%1.69%1.57%1.74%1.74%1.65%-3 bps
Growth
Asset Growth (YoY)-1.04%-3.72%-4.58%-0.74%3.59%5.33%9.46%10.73%+1,147 bps
Loan Growth (YoY)6.64%2.60%2.92%7.45%5.16%6.12%5.63%0.70%-675 bps
Deposit Growth (YoY)-7.40%-0.47%3.32%2.94%10.41%4.88%7.51%14.21%+1,127 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.14%1.11%1.13%1.09%1.09%1.05%1.07%1.08%-1 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio12.18%12.44%11.99%12.42%12.44%12.41%11.66%11.44%-98 bps
Total Risk-Based Capital12.18%12.44%11.99%12.42%12.44%12.41%11.66%11.44%-98 bps
Equity / Assets11.14%10.89%11.09%11.33%11.63%11.65%10.89%10.85%-48 bps
Liquidity & Funding
Loans / Deposits96.08%90.94%90.89%94.84%91.51%92.02%89.30%83.62%-1,122 bps
Liquid Assets / Assets3.32%5.02%3.45%2.78%5.28%4.91%7.42%7.14%+437 bps
CRE / Total Capitaln/an/an/an/a53.66%51.70%50.84%n/an/a