PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Vermont State Bank

Vermont, IL · Cert 16585

State charter, non-member · FDIC · 1 branch

Q2 2026

$31.0MAssets
$14.2MLoans
$21.0MDeposits
$8.6MEquity
Loan mix
81%RE $10.9M4%C&I $0.5M15%Consumer $2.0MQ2 2025Q2 2026
Deposit mix
59%Interest-bearing $12.5M41%Noninterest $8.5MQ2 2025Q2 2026

NIM

4.47%Q2 ’244.52%Q2 ’254.15%Q2 ’26+3%-4%

Non-interest income vs. expense

23.88%Q2 ’2431.31%Q2 ’2531.19%Q2 ’26-530%-60%

Executive Summary

  • Earnings: ROA of 5.81%, up 144 bps year over year; NIM at 2.99%.
  • Asset quality: problem loans at 5.08% of loans (+17 bps YoY), with net recoveries of 0.03%.
  • Capital: tier 1 leverage ratio of 28.17%, up 275 bps from a year ago.
  • Funding: loans stand at 67.41% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

5.81%+144 bps YoY

Net Interest Margin (quarter, annualized)

2.99%-14 bps YoY

Efficiency Ratio (quarter, annualized)

79.66%-382 bps YoY

Tier 1 Leverage Ratio

28.17%+275 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets4.37%4.58%4.05%6.86%5.81%+144 bps
Return on Equity17.71%17.07%15.65%27.23%21.64%+393 bps
Net Interest Margin3.13%3.05%2.96%2.88%2.99%-14 bps
Efficiency Ratio83.48%84.75%84.93%73.76%79.66%-382 bps
Non-Interest Burden-3.10%-3.26%-2.96%-7.10%-4.98%-187 bps
Growth
Asset Growth (YoY)6.02%-3.63%17.72%9.85%15.59%+957 bps
Loan Growth (YoY)-3.08%-3.74%-8.91%-7.57%-0.53%+255 bps
Deposit Growth (YoY)2.08%-7.68%15.08%3.47%9.54%+746 bps
Asset Quality
Nonperforming Loans / Loans4.91%6.30%4.88%5.15%5.08%+17 bps
Net Charge-Offs / Loans0.39%0.39%1.57%0.17%-0.03%-42 bps
Allowance / Loans4.96%4.87%4.65%4.82%4.69%-28 bps
Allowance Coverage of NPLs1.0x0.8x1.0x0.9x0.9x-0.1x
Capital
Tier 1 Leverage Ratio25.42%27.06%27.51%26.47%28.17%+275 bps
Total Risk-Based Capital50.46%51.78%56.05%60.34%64.61%+1,416 bps
Equity / Assets25.95%27.74%24.30%26.09%27.65%+170 bps
Liquidity & Funding
Loans / Deposits74.23%75.40%61.26%63.42%67.41%-683 bps
Liquid Assets / Assets30.45%22.61%28.62%22.39%19.33%-1,112 bps
CRE / Total Capitaln/a23.94%22.58%18.77%n/an/a