Minneapolis, MN · Cert 16635 · Luminate Capital Corp.
State charter, non-member · FDIC · 2 branches
Q2 2026
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.2% share · #42 of 125 inst. · $0.4B of $253.2B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.27% | 0.34% | 0.55% | 3.42% | 4.28% | 3.12% | 2.50% | 2.40% | -102 bps | |
| Return on Equity | 17.99% | 2.72% | 4.89% | 33.11% | 44.68% | 32.53% | 25.57% | 24.24% | -887 bps | |
| Net Interest Margin | 2.51% | 2.91% | 3.01% | 3.05% | 3.53% | 5.10% | 3.39% | 3.46% | +41 bps | |
| Efficiency Ratio | 92.73% | 97.43% | 95.75% | 79.63% | 86.49% | 88.97% | 89.28% | 90.68% | +1,105 bps | |
| Non-Interest Burden | -1.28% | 1.67% | 1.80% | -4.52% | -1.39% | 1.07% | -0.15% | 0.05% | +457 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 23.28% | 49.70% | 51.50% | 25.50% | 65.24% | 52.17% | 51.56% | 34.44% | +894 bps | |
| Loan Growth (YoY) | 24.45% | 51.15% | 64.47% | 25.98% | 50.24% | 39.56% | 43.19% | 34.14% | +817 bps | |
| Deposit Growth (YoY) | 18.90% | 62.60% | 49.94% | 77.45% | 97.34% | 68.01% | 67.50% | 20.02% | -5,744 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 3.75% | 3.38% | 3.51% | 3.62% | 3.92% | 2.49% | 2.01% | 2.33% | -129 bps | |
| Net Charge-Offs / Loans | 0.62% | 0.64% | 0.80% | 7.35% | -0.17% | 0.57% | 0.92% | 0.12% | -723 bps | |
| Allowance / Loans | 1.39% | 1.18% | 1.05% | 1.55% | 1.59% | 1.29% | 1.01% | 0.97% | -58 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.3x | 0.3x | 0.4x | 0.4x | 0.5x | 0.5x | 0.4x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.11% | 11.84% | 10.72% | 10.27% | 8.97% | 10.09% | 10.00% | 10.40% | +13 bps | |
| Total Risk-Based Capital | 18.62% | 15.33% | 16.83% | 13.26% | 13.97% | 13.76% | 14.17% | 13.79% | +52 bps | |
| Equity / Assets | 14.22% | 11.34% | 11.35% | 9.50% | 9.65% | 9.54% | 10.00% | 9.84% | +35 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 119.94% | 103.78% | 116.22% | 98.32% | 91.32% | 86.20% | 99.35% | 109.89% | +1,157 bps | |
| Liquid Assets / Assets | 8.63% | 8.08% | 6.87% | 10.57% | 18.08% | 19.41% | 11.66% | 9.72% | -84 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 157.75% | 174.78% | 182.56% | n/a | n/a | |