Pigeon, MI · Cert 14513 · Thumb Bcorp Employee STK Ownership Plan
State charter, Fed member · FED · 13 branches
Q2 2026
Market Position · Bay City, MI · 2026 SOD (annual) · 6.5% share · #4 of 7 inst. · $0.1B of $1.3B
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 | 1.09% | 1.20% | 1.41% | 1.43% | 1.47% | 1.45% | 1.63% | 1.65% | +22 bps | |
| Return on Equity | 11.90% | 13.30% | 16.06% | 15.98% | 16.13% | 15.76% | 17.25% | 17.36% | +139 bps | |
| Net Interest Margin | 3.40% | 3.28% | 4.07% | 4.05% | 4.10% | 4.08% | 4.18% | 4.29% | +24 bps | |
| Efficiency Ratio | 61.94% | 61.42% | 56.75% | 56.14% | 56.29% | 56.88% | 54.11% | 54.31% | -183 bps | |
| Non-Interest Burden | 2.03% | 1.89% | 2.22% | 2.19% | 2.21% | 2.23% | 2.11% | 2.17% | -1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.39% | 9.42% | 6.79% | 7.30% | 10.24% | 1.18% | 4.99% | 3.39% | -391 bps | |
| Loan Growth (YoY) | 4.94% | 6.91% | 13.58% | 11.36% | 8.90% | 10.96% | 6.21% | 15.84% | +448 bps | |
| Deposit Growth (YoY) | 4.88% | 11.90% | 6.36% | 7.01% | 10.45% | -0.18% | 4.57% | 1.37% | -564 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.05% | 0.05% | 0.05% | 0.04% | 0.04% | 0.03% | 0.03% | 0.03% | -1 bps | |
| Net Charge-Offs / Loans | -0.13% | -0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.21% | 1.17% | 1.14% | 1.15% | 1.14% | 1.10% | 1.14% | 1.06% | -10 bps | |
| Allowance Coverage of NPLs | 24.8x | 23.5x | 25.1x | 28.9x | 30.2x | 34.0x | 36.3x | 39.5x | +10.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.41% | 8.73% | 9.22% | 9.29% | 9.40% | 9.53% | 9.18% | 9.44% | +16 bps | |
| Total Risk-Based Capital | 15.29% | 14.33% | 14.76% | 14.79% | 14.98% | 14.74% | 14.72% | 9.44% | -534 bps | |
| Equity / Assets | 9.87% | 8.47% | 9.06% | 9.25% | 9.58% | 9.65% | 9.28% | 9.53% | +28 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 62.10% | 56.95% | 60.01% | 61.48% | 61.23% | 63.31% | 60.96% | 70.26% | +878 bps | |
| Liquid Assets / Assets | 8.36% | 11.95% | 11.71% | 10.57% | 12.65% | 11.31% | 13.24% | 6.12% | -446 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 196.00% | 201% | 221% | n/a | n/a | |