Norwalk, IA · Cert 14410 · Albrecht Finl Services Inc.
State charter, non-member · FDIC · 8 branches
Q2 2026
Market Position · Des Moines-West Des Moines, IA · 2026 SOD (annual) · 1.5% share · #9 of 57 inst. · $0.6B of $38.0B
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 | 0.91% | 0.96% | 1.11% | 1.20% | 1.22% | 1.24% | 1.58% | 1.49% | +30 bps | |
| Return on Equity | 10.97% | 11.52% | 13.10% | 13.76% | 13.62% | 13.74% | 16.88% | 15.90% | +214 bps | |
| Net Interest Margin | 2.53% | 2.54% | 2.74% | 2.85% | 3.00% | 2.96% | 3.01% | 3.08% | +23 bps | |
| Efficiency Ratio | 65.26% | 65.08% | 59.45% | 59.34% | 61.04% | 61.53% | 56.50% | 57.19% | -215 bps | |
| Non-Interest Burden | 1.25% | 1.27% | 1.10% | 1.18% | 1.34% | 1.34% | 1.01% | 1.13% | -5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.88% | 4.57% | 5.50% | 4.98% | -0.20% | 1.27% | 2.28% | 4.98% | -1 bps | |
| Loan Growth (YoY) | 7.29% | 7.49% | 3.81% | 3.65% | 5.05% | 2.43% | 4.64% | 4.91% | +126 bps | |
| Deposit Growth (YoY) | 6.26% | 4.27% | 5.29% | 4.18% | -1.48% | 0.25% | 1.07% | 4.80% | +63 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.04% | 0.14% | 0.14% | 0.23% | 0.37% | 0.34% | 0.36% | 0.27% | +4 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.00% | -0.03% | -0.40% | -0.26% | -0.16% | 0.01% | 0.03% | +43 bps | |
| Allowance / Loans | 1.00% | 1.01% | 1.11% | 1.29% | 1.25% | 1.24% | 1.24% | 1.25% | -4 bps | |
| Allowance Coverage of NPLs | 26.8x | 7.4x | 8.1x | 5.6x | 3.4x | 3.7x | 3.4x | 4.6x | -1.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.94% | 8.84% | 8.98% | 9.21% | 9.59% | 9.39% | 9.60% | 9.37% | +16 bps | |
| Total Risk-Based Capital | 12.37% | 12.47% | 12.96% | 13.24% | 9.59% | 9.39% | 9.60% | 9.37% | -387 bps | |
| Equity / Assets | 8.66% | 8.43% | 8.53% | 9.16% | 9.64% | 9.23% | 9.46% | 9.49% | +33 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.34% | 83.31% | 80.77% | 86.48% | 92.05% | 85.12% | 83.62% | 86.57% | +9 bps | |
| Liquid Assets / Assets | 8.27% | 11.06% | 13.42% | 10.05% | 6.62% | 13.60% | 15.32% | 10.53% | +48 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 360% | 352% | 339% | n/a | n/a | |