New London, MN · Cert 10965 · Kandi Bancshares Inc.
State charter, non-member · FDIC · 3 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks under $1B in assets in MN (n=111 to 113). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
59
Asset Quality
68
Profitability
83
Liquidity
22
Efficiency
34
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
New London, MN · Cert 10965 · Kandi Bancshares Inc.
State charter, non-member · FDIC · 3 branches
Q2 2026
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 | 1.36% | 1.17% | 1.31% | 1.34% | 1.36% | 1.29% | 1.47% | 1.60% | +26 bps | |
| Return on Equity | 18.41% | 15.59% | 16.10% | 16.66% | 16.52% | 15.24% | 17.29% | 18.79% | +213 bps | |
| Net Interest Margin | 4.03% | 3.99% | 3.96% | 4.11% | 4.15% | 4.11% | 4.38% | 4.35% | +23 bps | |
| Efficiency Ratio | 67.94% | 68.57% | 69.15% | 67.73% | 67.05% | 67.27% | 67.20% | 65.23% | -250 bps | |
| Non-Interest Burden | 2.29% | 2.28% | 2.34% | 2.38% | 2.35% | 2.33% | 2.54% | 2.38% | 0 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.28% | -2.72% | -1.57% | 6.01% | 3.24% | 2.28% | 6.34% | 5.53% | -49 bps | |
| Loan Growth (YoY) | 8.42% | 18.13% | 17.15% | 24.59% | 24.94% | 18.89% | 19.30% | 9.95% | -1,463 bps | |
| Deposit Growth (YoY) | -6.84% | -4.01% | -2.99% | 1.99% | 2.31% | 0.79% | 7.02% | 8.12% | +612 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.03% | 0.00% | 0.00% | 0.21% | 0.20% | 0.03% | 0.07% | 0.09% | -12 bps | |
| Net Charge-Offs / Loans | -0.03% | -0.04% | -0.04% | -0.04% | -0.04% | 0.17% | -0.05% | -0.04% | 0 bps | |
| Allowance / Loans | 1.20% | 1.14% | 1.14% | 1.12% | 1.12% | 1.02% | 1.02% | 1.01% | -11 bps | |
| Allowance Coverage of NPLs | 43.6x | n/a | n/a | 5.2x | 5.5x | 34.2x | 14.6x | 11.2x | +6.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.69% | 11.36% | 11.72% | 11.12% | 11.50% | 11.07% | 10.01% | 10.43% | -70 bps | |
| Total Risk-Based Capital | 24.41% | 23.25% | 23.68% | 21.26% | 21.26% | 21.33% | 19.19% | 19.67% | -158 bps | |
| Equity / Assets | 8.63% | 7.88% | 8.36% | 7.86% | 8.80% | 9.36% | 7.72% | 8.44% | +58 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 46.58% | 48.41% | 48.35% | 53.41% | 56.88% | 57.10% | 53.90% | 54.32% | +91 bps | |
| Liquid Assets / Assets | 4.35% | 3.54% | 7.44% | 5.14% | 5.61% | 4.86% | 10.28% | 10.36% | +522 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 165.22% | 174.14% | 199.46% | n/a | n/a | |
New London, MN · Cert 10965 · Peer group: banks under $1B in assets in MN (n=111-113) · Kandi Bancshares Inc.
State charter, non-member · FDIC · 3 branches
Q2 2026
Return on Assets
1.56%
Rank 22 of 113
Net Interest Margin
4.35%
Rank 25 of 113
Efficiency Ratio
66.17%
Rank 76 of 113
Equity / Assets
8.44%
Rank 86 of 113
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.56% | 0.87% | 1.20% | 1.41% | Beats 81% | 22 / 113 | ||
| Return on Equity | 18.45% | 8.92% | 11.27% | 13.99% | Beats 91% | 10 / 113 | ||
| Net Interest Margin | 4.35% | 3.42% | 3.88% | 4.31% | Beats 78% | 25 / 113 | ||
| Efficiency Ratio | 66.17% | 54.13% | 61.48% | 69.86% | Beats 34% | 76 / 113 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.09% | 0.09% | 0.58% | 1.82% | Beats 76% | 28 / 111 | ||
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.04% | Beats 60% | 47 / 111 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 18.78% | 11.53% | 13.31% | 18.13% | Beats 76% | 27 / 113 | ||
| Total Risk-Based Capital Ratio | 19.67% | 12.12% | 14.43% | 19.39% | Beats 76% | 27 / 113 | ||
| Equity / Assets | 8.44% | 8.52% | 10.10% | 11.94% | Beats 24% | 86 / 113 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 54.32% | 62.08% | 77.32% | 88.06% | 14th pctl | 95 / 111 | ||
| Loans / Assets | 49.37% | 55.01% | 66.35% | 75.50% | 16th pctl | 95 / 113 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||