Bemidji, MN · Cert 1604 · Security St Bancshares Bemidji
State charter, non-member · FDIC · 2 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 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.10% | 1.11% | 1.05% | 1.21% | 1.26% | 1.22% | 1.46% | 1.45% | +24 bps | |
| Return on Equity | 12.58% | 12.69% | 12.04% | 13.80% | 14.26% | 13.64% | 15.90% | 15.79% | +199 bps | |
| Net Interest Margin | 3.64% | 3.63% | 3.84% | 3.99% | 4.03% | 4.08% | 4.23% | 4.28% | +29 bps | |
| Efficiency Ratio | 67.70% | 70.09% | 68.94% | 66.66% | 65.76% | 67.55% | 61.59% | 62.52% | -413 bps | |
| Non-Interest Burden | 2.19% | 2.22% | 2.49% | 2.44% | 2.42% | 2.54% | 2.37% | 2.42% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.60% | 4.09% | 2.41% | 3.90% | 0.24% | 5.55% | 10.81% | 4.62% | +72 bps | |
| Loan Growth (YoY) | 3.29% | 2.73% | 4.80% | 5.53% | 8.82% | 4.91% | 8.34% | 7.90% | +237 bps | |
| Deposit Growth (YoY) | 5.78% | 4.04% | 1.93% | 3.75% | -0.02% | 4.96% | 10.90% | 4.18% | +43 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.14% | 0.83% | 1.18% | 1.16% | 1.10% | 0.47% | 0.37% | 0.22% | -94 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.07% | 0.03% | 0.02% | 0.02% | -0.01% | 0.00% | 0.05% | +2 bps | |
| Allowance / Loans | 1.52% | 1.42% | 1.42% | 1.37% | 1.33% | 1.41% | 1.37% | 1.28% | -8 bps | |
| Allowance Coverage of NPLs | 10.9x | 1.7x | 1.2x | 1.2x | 1.2x | 3.0x | 3.7x | 5.7x | +4.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.56% | 9.30% | 9.38% | 9.48% | 9.56% | 9.62% | 9.74% | 9.36% | -13 bps | |
| Total Risk-Based Capital | 15.36% | 15.17% | 14.93% | 14.74% | 14.73% | 15.33% | 15.71% | 14.72% | -2 bps | |
| Equity / Assets | 8.95% | 8.79% | 8.65% | 8.79% | 9.16% | 9.27% | 9.06% | 9.14% | +35 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.82% | 77.84% | 77.66% | 78.79% | 81.43% | 77.79% | 75.86% | 81.60% | +281 bps | |
| Liquid Assets / Assets | 13.19% | 8.69% | 8.19% | 5.67% | 3.43% | 9.83% | 11.66% | 3.66% | -201 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 253% | 253% | 246% | n/a | n/a | |