Grand Rapids, MI · Cert 11807 · United Bank Financial Corp.
State charter, non-member · FDIC · 13 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 $1B-$10B in assets operating in a single state (n=257 to 258). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
26
Asset Quality
88
Profitability
56
Liquidity
40
Efficiency
40
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.
Grand Rapids, MI · Cert 11807 · United Bank Financial Corp.
State charter, non-member · FDIC · 13 branches
Q2 2026
Market Position · Grand Rapids-Wyoming-Kentwood, MI · 2026 SOD (annual) · 1.4% share · #12 of 28 inst. · $0.5B of $34.4B
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 | 0.83% | 0.84% | 0.99% | 1.02% | 1.10% | 1.13% | 1.15% | 1.29% | +27 bps | |
| Return on Equity | 8.76% | 8.83% | 10.39% | 10.63% | 11.42% | 11.67% | 11.66% | 12.78% | +214 bps | |
| Net Interest Margin | 2.99% | 3.04% | 3.12% | 3.24% | 3.24% | 3.29% | 3.39% | 3.57% | +33 bps | |
| Efficiency Ratio | 71.69% | 71.48% | 66.51% | 65.77% | 63.97% | 64.05% | 64.09% | 62.37% | -340 bps | |
| Non-Interest Burden | 1.93% | 1.96% | 1.85% | 1.88% | 1.80% | 1.83% | 1.92% | 1.94% | +6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.90% | 5.38% | 4.84% | 4.27% | 7.44% | 8.44% | 3.00% | 2.26% | -202 bps | |
| Loan Growth (YoY) | 9.01% | 5.28% | 4.60% | 2.48% | 4.91% | 4.10% | 2.90% | 5.61% | +312 bps | |
| Deposit Growth (YoY) | 4.86% | 5.58% | 7.38% | 4.16% | 7.47% | 9.92% | 4.19% | 3.36% | -80 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.02% | 0.26% | 0.13% | 0.05% | 0.15% | 0.11% | 0.07% | 0.06% | +1 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.02% | 0.29% | 0.14% | 0.09% | 0.05% | 0.00% | 0.00% | -14 bps | |
| Allowance / Loans | 1.05% | 1.07% | 1.02% | 1.01% | 1.04% | 1.08% | 1.06% | 1.06% | +5 bps | |
| Allowance Coverage of NPLs | 46.7x | 4.1x | 7.7x | 21.6x | 6.9x | 9.5x | 15.9x | 17.2x | -4.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.82% | 10.02% | 9.72% | 9.96% | 9.91% | 10.01% | 10.17% | 10.61% | +65 bps | |
| Total Risk-Based Capital | 9.82% | 10.02% | 9.72% | 9.96% | 9.91% | 10.01% | 10.17% | 10.61% | +65 bps | |
| Equity / Assets | 9.64% | 9.73% | 9.34% | 9.71% | 9.73% | 9.86% | 9.91% | 10.41% | +70 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.66% | 98.90% | 91.37% | 94.76% | 96.32% | 93.66% | 90.24% | 96.82% | +206 bps | |
| Liquid Assets / Assets | 5.23% | 4.15% | 9.71% | 7.44% | 5.93% | 6.23% | 8.24% | 4.28% | -317 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 593% | 574% | 568% | n/a | n/a | |
Grand Rapids, MI · Cert 11807 · Peer group: banks $1B-$10B in assets operating in a single state (n=257-258) · United Bank Financial Corp.
State charter, non-member · FDIC · 13 branches
Q2 2026
Return on Assets
1.30%
Rank 111 of 258
Net Interest Margin
3.57%
Rank 112 of 258
Efficiency Ratio
62.37%
Rank 155 of 257
Equity / Assets
10.41%
Rank 122 of 258
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.30% | 0.93% | 1.23% | 1.54% | Beats 57% | 111 / 258 | ||
| Return on Equity | 12.52% | 9.26% | 11.84% | 14.74% | Beats 55% | 115 / 258 | ||
| Net Interest Margin | 3.57% | 3.16% | 3.49% | 3.88% | Beats 57% | 112 / 258 | ||
| Efficiency Ratio | 62.37% | 51.71% | 60.30% | 69.65% | Beats 40% | 155 / 257 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.06% | 0.19% | 0.46% | 0.90% | Beats 91% | 23 / 258 | ||
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.02% | 0.07% | Beats 85% | 40 / 258 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 10.61% | 11.41% | 12.98% | 15.12% | Beats 14% | 222 / 258 | ||
| Total Risk-Based Capital Ratio | 10.61% | 12.10% | 13.91% | 16.08% | Beats 12% | 227 / 258 | ||
| Equity / Assets | 10.41% | 9.09% | 10.24% | 11.72% | Beats 53% | 122 / 258 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 96.82% | 73.24% | 86.34% | 95.95% | 78th pctl | 56 / 258 | ||
| Loans / Assets | 81.34% | 63.01% | 72.27% | 78.40% | 83rd pctl | 43 / 258 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||