Decatur, MI · Cert 12893 · GTSB Financial Inc.
State charter, Fed member · FED · 2 branches
Q2 2026
Market Position · Traverse City, MI · 2026 SOD (annual) · 0.0% share · #13 of 13 inst. · $0.0B of $4.8B
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% | -0.81% | -1.73% | -1.48% | -1.48% | -1.48% | -1.35% | -1.32% | +17 bps | |
| Return on Equity | -7.02% | -3.91% | -6.99% | -5.95% | -6.00% | -6.33% | -7.23% | -7.28% | -133 bps | |
| Net Interest Margin | 3.25% | 0.82% | 4.39% | 4.70% | 4.49% | 4.31% | 3.49% | 3.54% | -116 bps | |
| Efficiency Ratio | 152.26% | 120.75% | 131.16% | 121.15% | 120.87% | 119.92% | 126.37% | 128.47% | +731 bps | |
| Non-Interest Burden | 5.09% | 0.93% | 5.70% | 5.63% | 5.38% | 5.14% | 4.44% | 4.57% | -107 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.49% | 12.52% | 17.87% | 15.88% | 20.95% | 35.04% | 30.61% | 40.97% | +2,509 bps | |
| Loan Growth (YoY) | 6.31% | -4.71% | -4.10% | 7.11% | 20.46% | 67.04% | 95.30% | 114.69% | +10,759 bps | |
| Deposit Growth (YoY) | 2.96% | 10.07% | 11.64% | 7.63% | 15.72% | 46.95% | 37.94% | 54.98% | +4,735 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.86% | 0.33% | 0.61% | 1.09% | 1.61% | 1.97% | 1.09% | 0.88% | -22 bps | |
| Net Charge-Offs / Loans | 0.08% | 0.09% | 0.00% | 0.09% | 0.05% | 0.03% | 0.00% | 0.00% | -9 bps | |
| Allowance / Loans | 1.33% | 1.33% | 1.33% | 1.34% | 1.31% | 1.23% | 1.19% | 0.95% | -38 bps | |
| Allowance Coverage of NPLs | 1.6x | 4.0x | 2.2x | 1.2x | 0.8x | 0.6x | 1.1x | 1.1x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 20.64% | 22.08% | 19.77% | 21.15% | 19.53% | 18.30% | 14.74% | 13.89% | -726 bps | |
| Total Risk-Based Capital | 20.64% | 22.08% | 19.77% | 21.15% | 19.53% | 18.30% | 14.74% | 13.89% | -726 bps | |
| Equity / Assets | 18.99% | 25.81% | 23.65% | 25.48% | 24.10% | 19.24% | 18.20% | 16.95% | -852 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 66.32% | 59.64% | 54.21% | 64.36% | 69.04% | 67.80% | 76.75% | 89.16% | +2,480 bps | |
| Liquid Assets / Assets | 11.89% | 18.47% | 39.05% | 32.31% | 28.58% | 29.72% | 22.32% | 11.80% | -2,051 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 43.51% | 44.63% | 42.78% | n/a | n/a | |