La Junta, CO · Cert 1141 · Grinnell Bancshares Inc.
State charter, Fed member · FED · 1 affiliate bank · 5 branches (9 in holding)
Q2 2026
Market Position · Pueblo, CO · 2026 SOD (annual) · 5.5% share · #7 of 13 inst. · $0.1B of $2.2B
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 | 1.67% | 1.56% | 1.57% | 1.63% | 1.65% | 1.60% | 1.00% | 1.23% | -41 bps | |
| Return on Equity | 10.61% | 10.18% | 11.63% | 12.17% | 12.35% | 12.40% | 9.02% | 11.00% | -117 bps | |
| Net Interest Margin | 5.03% | 4.95% | 4.67% | 4.74% | 4.80% | 4.44% | 4.82% | 4.87% | +13 bps | |
| Efficiency Ratio | 63.36% | 63.47% | 62.40% | 62.99% | 62.51% | 62.57% | 70.59% | 67.69% | +469 bps | |
| Non-Interest Burden | 2.75% | 2.74% | 2.54% | 2.63% | 2.64% | 2.45% | 3.15% | 3.03% | +40 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.58% | 26.56% | 29.85% | 23.68% | 16.72% | 30.22% | 31.19% | 26.96% | +329 bps | |
| Loan Growth (YoY) | 24.40% | 28.10% | 34.72% | 26.70% | 20.79% | 27.82% | 37.56% | 47.44% | +2,074 bps | |
| Deposit Growth (YoY) | 15.38% | 24.79% | 28.91% | 28.97% | 19.57% | 35.57% | 36.93% | 31.72% | +275 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.18% | 0.02% | 0.17% | 0.19% | 0.17% | 0.18% | 0.20% | 0.30% | +12 bps | |
| Net Charge-Offs / Loans | 0.22% | 0.12% | -0.03% | -0.02% | -0.04% | 0.00% | 0.19% | 0.09% | +10 bps | |
| Allowance / Loans | 1.14% | 1.17% | 1.20% | 1.20% | 1.18% | 1.01% | 0.98% | 0.94% | -26 bps | |
| Allowance Coverage of NPLs | 6.3x | 56.5x | 7.2x | 6.5x | 6.8x | 5.6x | 4.9x | 3.1x | -3.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.82% | 13.55% | 12.44% | 12.49% | 12.61% | 11.07% | 10.41% | 10.33% | -217 bps | |
| Total Risk-Based Capital | 13.82% | 13.55% | 12.44% | 12.49% | 12.61% | 11.07% | 10.41% | 10.33% | -217 bps | |
| Equity / Assets | 14.49% | 13.72% | 13.33% | 13.25% | 13.19% | 11.40% | 10.88% | 11.17% | -208 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.15% | 90.44% | 86.27% | 85.54% | 88.04% | 85.27% | 86.66% | 95.74% | +1,021 bps | |
| Liquid Assets / Assets | 6.14% | 3.61% | 7.68% | 8.53% | 4.98% | 6.93% | 7.02% | 1.45% | -708 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 386% | 408% | 456% | n/a | n/a | |