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State Bank of Lakota

Lakota, ND · Cert 16477 · Lakota Bank Holding Co. Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$64.2MAssets
$38.9MLoans
$57.6MDeposits
$6.3MEquity
Loan mix
73%RE $14.5M17%C&I $3.4M11%Consumer $2.1MQ2 2025Q2 2026
Deposit mix
74%Interest-bearing $42.6M26%Noninterest $14.9MQ2 2025Q2 2026

NIM

4.86%Q2 ’244.97%Q2 ’254.83%Q2 ’26-3%+4%

Non-interest income vs. expense

2.56%Q2 ’242.61%Q2 ’252.59%Q2 ’26+13%-2%

Executive Summary

  • Earnings: ROA of 0.56%, down 27 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.49% of loans (+9 bps YoY), with net charge-offs at 0.45%.
  • Capital: tier 1 leverage ratio of 9.58%, up 14 bps from a year ago.
  • Funding: loans stand at 67.58% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.56%-27 bps YoY

Net Interest Margin (quarter, annualized)

3.67%+13 bps YoY

Efficiency Ratio (quarter, annualized)

67.82%-322 bps YoY

Tier 1 Leverage Ratio

9.58%+14 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.83%1.10%1.15%1.11%0.56%-27 bps
Return on Equity9.13%12.10%12.71%11.94%5.89%-324 bps
Net Interest Margin3.54%3.68%3.80%3.55%3.67%+13 bps
Efficiency Ratio71.05%62.52%62.37%59.65%67.82%-322 bps
Non-Interest Burden2.48%2.27%2.33%2.02%2.44%-4 bps
Growth
Asset Growth (YoY)2.05%14.21%-8.33%-1.14%-0.04%-209 bps
Loan Growth (YoY)2.29%-4.18%1.76%-4.84%1.49%-81 bps
Deposit Growth (YoY)2.07%15.73%-9.50%-1.68%-0.44%-252 bps
Asset Quality
Nonperforming Loans / Loans0.40%1.25%0.50%0.45%0.49%+9 bps
Net Charge-Offs / Loans0.01%0.00%0.00%0.21%0.45%+44 bps
Allowance / Loans0.93%0.93%0.89%1.01%1.02%+9 bps
Allowance Coverage of NPLs2.4x0.7x1.8x2.3x2.1x-0.3x
Capital
Tier 1 Leverage Ratio9.45%9.47%9.27%9.47%9.58%+14 bps
Total Risk-Based Capital15.52%15.26%15.06%16.02%15.66%+14 bps
Equity / Assets9.40%8.86%9.18%9.40%9.75%+35 bps
Liquidity & Funding
Loans / Deposits66.30%61.26%66.36%59.42%67.58%+129 bps
Liquid Assets / Assets17.88%16.47%15.66%16.57%17.77%-11 bps
CRE / Total Capitaln/a46.46%46.40%48.15%n/an/a