Perennial Bank
Darwin, MN · Cert 1413 · Peer group: banks under $1B in assets in MN (n=111-113) · Darwin Bancshares Inc.
State charter, non-member · FDIC · 4 branches
Q2 2026
$158.1MAssets
$65.5MLoans
$144.6MDeposits
$12.7MEquity
Executive Summary
- Strongest standing: tier 1 capital ratio outperforms 85% of banks under $1B in assets in MN (rank 17 of 113).
- Widest gap: net interest margin trails 93% of banks under $1B in assets in MN (rank 105 of 113).
- Overall: at or above the peer median on 3 of 9 directional measures.
Return on Assets
0.85%
Rank 87 of 113
Net Interest Margin
2.79%
Rank 105 of 113
Efficiency Ratio
59.65%
Rank 50 of 113
Equity / Assets
8.03%
Rank 97 of 113
Non-interest income vs. expense
Unfavorable gap of $2.5M · efficiency ratio beats 57% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.85% | 0.87% | 1.20% | 1.41% | Beats 23% | 87 / 113 | | |
| Return on Equity | 10.56% | 8.92% | 11.27% | 13.99% | Beats 42% | 65 / 113 | | |
| Net Interest Margin | 2.79% | 3.42% | 3.88% | 4.31% | Beats 7% | 105 / 113 | | |
| Efficiency Ratio | 59.65% | 54.13% | 61.48% | 69.86% | Beats 57% | 50 / 113 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.36% | 0.09% | 0.58% | 1.82% | Beats 29% | 80 / 111 | | |
| Net Charge-Offs / Loans | 0.01% | n/a | 0.00% | 0.04% | Beats 38% | 70 / 111 | | |
| Capital |
| Tier 1 Capital Ratio | 23.66% | 11.53% | 13.31% | 18.13% | Beats 85% | 17 / 113 | | |
| Total Risk-Based Capital Ratio | 24.91% | 12.12% | 14.43% | 19.39% | Beats 85% | 17 / 113 | | |
| Equity / Assets | 8.03% | 8.52% | 10.10% | 11.94% | Beats 14% | 97 / 113 | | |
| Liquidity & Funding |
| Loans / Deposits | 45.28% | 62.08% | 77.32% | 88.06% | 8th pctl | 102 / 111 | | |
| Loans / Assets | 41.40% | 55.01% | 66.35% | 75.50% | 11th pctl | 101 / 113 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |