Manistique, MI · Cert 13249 · SSB Inc.
State charter, Fed member · FED · 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 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.77% | 0.76% | 0.61% | 0.66% | 0.77% | 0 bps | |
| Return on Equity | 10.59% | 10.12% | 8.15% | 8.64% | 9.93% | -66 bps | |
| Net Interest Margin | 2.62% | 2.65% | 2.70% | 2.85% | 2.94% | +32 bps | |
| Efficiency Ratio | 71.32% | 70.33% | 69.67% | 75.16% | 72.47% | +115 bps | |
| Non-Interest Burden | 1.74% | 1.74% | 1.75% | 2.08% | 2.07% | +32 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -0.41% | 3.23% | 10.75% | 8.88% | 7.50% | +791 bps | |
| Loan Growth (YoY) | 4.51% | 3.28% | 5.43% | 12.37% | 8.75% | +424 bps | |
| Deposit Growth (YoY) | -1.83% | -0.14% | 12.80% | 14.19% | 11.34% | +1,317 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.07% | 0.09% | 0.09% | 0.14% | 0.70% | +63 bps | |
| Net Charge-Offs / Loans | 0.25% | 0.17% | 0.12% | 0.01% | 0.01% | -25 bps | |
| Allowance / Loans | 1.06% | 1.07% | 1.06% | 1.03% | 1.07% | +1 bps | |
| Allowance Coverage of NPLs | 15.2x | 12.3x | 12.2x | 7.6x | 1.5x | -13.6x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.23% | 10.20% | 10.03% | 9.46% | 9.64% | -59 bps | |
| Total Risk-Based Capital | 10.23% | 10.20% | 10.03% | 9.46% | 9.64% | -59 bps | |
| Equity / Assets | 7.77% | 8.03% | 7.71% | 7.59% | 8.06% | +29 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 61.91% | 62.02% | 57.88% | 59.32% | 60.47% | -144 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.57% | +57 bps | |
| CRE / Total Capital | n/a | 199.52% | 212% | 222% | n/a | n/a | |