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 | |