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Bank of Hartington

Hartington, NE · Cert 13962 · Cedar Bcorp

State charter, Fed member · FED · 2 branches

Q2 2026

$151.0MAssets
$113.0MLoans
$136.9MDeposits
$13.2MEquity
Loan mix
65%RE $34.7M30%C&I $15.7M5%Consumer $2.6MQ3 2024Q2 2026
Deposit mix
81%Interest-bearing $110.8M19%Noninterest $26.1MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.18%, up 14 bps year over year; NIM at 4.06%.
  • Asset quality: problem loans at 0.00% of loans (-12 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.05%, down 45 bps from a year ago.
  • Funding: loans stand at 82.51% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.18%+14 bps YoY

Net Interest Margin (YTD, annualized)

4.06%+4 bps YoY

Efficiency Ratio (YTD, annualized)

64.69%-112 bps YoY

Tier 1 Leverage Ratio

9.05%-45 bps YoY

NIM

5.54%Q2 ’245.88%Q2 ’255.87%Q2 ’26+6%+1%

Non-interest income vs. expense

2.74%Q2 ’242.90%Q2 ’252.87%Q2 ’26+11%-1%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.05%0.98%0.97%1.05%1.04%0.98%1.19%1.18%+14 bps
Return on Equity13.26%12.49%12.49%13.18%12.74%12.16%14.58%14.15%+97 bps
Net Interest Margin3.82%3.77%3.97%4.02%4.05%3.81%3.97%4.06%+4 bps
Efficiency Ratio64.92%68.21%65.61%65.81%66.55%68.35%63.68%64.69%-112 bps
Non-Interest Burden2.32%2.44%2.46%2.52%2.56%2.49%2.38%2.49%-3 bps
Growth
Asset Growth (YoY)1.47%5.15%3.61%2.09%7.70%9.03%8.11%9.58%+749 bps
Loan Growth (YoY)14.92%15.92%12.62%12.38%13.22%13.83%7.50%9.94%-244 bps
Deposit Growth (YoY)-2.51%-1.21%-0.30%-0.85%0.05%11.52%11.42%11.41%+1,226 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.13%0.12%0.00%0.00%0.00%0.00%-12 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0 bps
Allowance / Loans1.12%1.06%1.19%1.19%1.18%1.10%1.24%1.21%+2 bps
Allowance Coverage of NPLsn/an/a9.4x9.6xn/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.73%9.14%9.45%9.50%9.72%8.75%8.90%9.05%-45 bps
Total Risk-Based Capital13.20%11.75%12.75%12.72%12.69%11.22%12.72%12.50%-22 bps
Equity / Assets8.64%7.39%8.14%8.31%8.71%7.85%8.53%8.71%+40 bps
Liquidity & Funding
Loans / Deposits79.53%90.70%83.50%83.62%90.00%92.58%80.56%82.51%-110 bps
Liquid Assets / Assets0.43%0.38%0.41%0.41%0.40%0.37%4.02%3.86%+345 bps
CRE / Total Capitaln/an/an/an/a87.57%82.49%73.30%n/an/a