Albert Lea, MN · Cert 10984 · Lake Bk Shares Employee STK Ownership Plan
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
48
Asset Quality
16
Profitability
50
Liquidity
61
Efficiency
56
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.
Albert Lea, MN · Cert 10984 · Lake Bk Shares Employee STK Ownership Plan
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 | 0.48% | 0.36% | 0.72% | 0.64% | 0.73% | 0.57% | 0.89% | 0.95% | +32 bps | |
| Return on Equity | 4.76% | 3.61% | 7.38% | 6.52% | 7.37% | 5.70% | 9.18% | 9.67% | +315 bps | |
| Net Interest Margin | 4.28% | 4.30% | 4.34% | 4.30% | 4.42% | 4.39% | 4.42% | 4.42% | +13 bps | |
| Efficiency Ratio | 64.40% | 70.52% | 60.93% | 62.60% | 61.52% | 69.85% | 58.70% | 59.71% | -289 bps | |
| Non-Interest Burden | 2.75% | 3.03% | 2.59% | 2.68% | 2.69% | 3.05% | 2.56% | 2.60% | -9 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.48% | -2.03% | -0.84% | 0.29% | -0.02% | 2.34% | 2.00% | -1.11% | -140 bps | |
| Loan Growth (YoY) | -6.85% | -6.39% | -12.28% | -11.66% | -10.67% | -6.81% | -3.52% | 1.39% | +1,306 bps | |
| Deposit Growth (YoY) | 2.61% | -0.36% | -0.53% | -0.84% | -1.82% | 1.38% | 1.11% | 1.95% | +279 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 3.09% | 2.62% | 1.91% | 1.85% | 2.18% | 1.85% | 1.85% | 2.30% | +44 bps | |
| Net Charge-Offs / Loans | 1.56% | 1.56% | 0.54% | 0.88% | 0.68% | 0.77% | -0.39% | -0.02% | -90 bps | |
| Allowance / Loans | 1.30% | 1.03% | 1.24% | 1.25% | 1.50% | 1.19% | 1.58% | 1.64% | +39 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.4x | 0.6x | 0.7x | 0.7x | 0.6x | 0.9x | 0.7x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.89% | 10.02% | 9.67% | 9.68% | 10.10% | 10.06% | 9.52% | 9.78% | +10 bps | |
| Total Risk-Based Capital | 13.15% | 12.91% | 13.64% | 14.25% | 15.09% | 14.44% | 14.33% | 14.40% | +15 bps | |
| Equity / Assets | 10.08% | 9.96% | 9.50% | 9.87% | 10.37% | 10.13% | 9.35% | 10.10% | +23 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 95.15% | 94.56% | 86.03% | 86.92% | 86.56% | 86.92% | 82.10% | 86.45% | -47 bps | |
| Liquid Assets / Assets | 6.79% | 7.10% | 12.26% | 9.06% | 11.77% | 6.70% | 7.51% | 3.40% | -566 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 118.08% | 118.45% | 129.79% | n/a | n/a | |
Albert Lea, MN · Cert 10984 · Peer group: banks under $1B in assets in MN (n=111-113) · Lake Bk Shares Employee STK Ownership Plan
State charter, non-member · FDIC · 3 branches
Q2 2026
Return on Assets
0.98%
Rank 75 of 113
Net Interest Margin
4.42%
Rank 19 of 113
Efficiency Ratio
60.03%
Rank 51 of 113
Equity / Assets
10.10%
Rank 57 of 113
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.98% | 0.87% | 1.20% | 1.41% | Beats 34% | 75 / 113 | ||
| Return on Equity | 9.66% | 8.92% | 11.27% | 13.99% | Beats 34% | 75 / 113 | ||
| Net Interest Margin | 4.42% | 3.42% | 3.88% | 4.31% | Beats 83% | 19 / 113 | ||
| Efficiency Ratio | 60.03% | 54.13% | 61.48% | 69.86% | Beats 56% | 51 / 113 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 2.29% | 0.09% | 0.58% | 1.82% | Beats 15% | 95 / 111 | ||
| Net Charge-Offs / Loans | 0.10% | n/a | 0.00% | 0.04% | Beats 16% | 94 / 111 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 13.15% | 11.53% | 13.31% | 18.13% | Beats 47% | 60 / 113 | ||
| Total Risk-Based Capital Ratio | 14.40% | 12.12% | 14.43% | 19.39% | Beats 48% | 59 / 113 | ||
| Equity / Assets | 10.10% | 8.52% | 10.10% | 11.94% | Beats 50% | 57 / 113 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 86.45% | 62.08% | 77.32% | 88.06% | 70th pctl | 33 / 111 | ||
| Loans / Assets | 74.52% | 55.01% | 66.35% | 75.50% | 69th pctl | 35 / 113 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||