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 | |