Redwood Falls, MN · Cert 16958 · Minnwest Corp.
State charter, non-member · FDIC · 36 branches
Q2 2026
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.2% share · #29 of 125 inst. · $0.6B 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 | 0.73% | 0.77% | 0.74% | 0.91% | 1.15% | 0.91% | 1.25% | 1.04% | +13 bps | |
| Return on Equity | 7.99% | 8.24% | 7.74% | 9.03% | 10.80% | 8.44% | 11.39% | 9.17% | +14 bps | |
| Net Interest Margin | 3.05% | 3.09% | 3.13% | 3.55% | 3.67% | 3.95% | 3.93% | 4.18% | +64 bps | |
| Efficiency Ratio | 67.28% | 68.95% | 66.44% | 60.25% | 58.34% | 63.44% | 57.95% | 60.06% | -20 bps | |
| Non-Interest Burden | 1.96% | 1.96% | 1.94% | 1.84% | 1.94% | 2.32% | 2.02% | 2.27% | +43 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.10% | 1.64% | 0.45% | -7.04% | -7.01% | -4.71% | -4.09% | 0.59% | +763 bps | |
| Loan Growth (YoY) | 6.58% | 2.56% | -1.00% | -5.19% | -7.44% | -6.16% | 0.82% | 6.40% | +1,159 bps | |
| Deposit Growth (YoY) | 8.76% | 9.11% | 8.83% | -0.89% | -5.99% | -6.41% | -5.65% | -0.41% | +47 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.28% | 0.14% | 0.59% | 1.00% | 1.23% | 0.62% | 0.46% | 0.56% | -45 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.55% | 0.17% | 0.12% | 0.06% | 0.91% | 0.22% | 0.18% | +6 bps | |
| Allowance / Loans | 1.45% | 1.32% | 1.37% | 1.50% | 1.60% | 1.43% | 1.36% | 1.40% | -10 bps | |
| Allowance Coverage of NPLs | 5.1x | 9.1x | 2.3x | 1.5x | 1.3x | 2.3x | 3.0x | 2.5x | +1.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.61% | 8.90% | 9.00% | 9.66% | 9.85% | 10.14% | 10.41% | 10.80% | +114 bps | |
| Total Risk-Based Capital | 11.91% | 11.88% | 12.38% | 13.03% | 13.76% | 13.55% | 13.34% | 13.33% | +30 bps | |
| Equity / Assets | 9.30% | 9.33% | 9.74% | 10.48% | 10.80% | 10.82% | 11.14% | 11.50% | +102 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 83.53% | 82.28% | 82.03% | 85.71% | 82.24% | 82.50% | 87.66% | 91.58% | +586 bps | |
| Liquid Assets / Assets | 6.14% | 5.67% | 6.40% | 4.93% | 9.31% | 10.25% | 6.19% | 3.49% | -144 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 350% | 336% | 359% | n/a | n/a | |