State Bank of Bellingham
Bellingham, MN · Cert 17062 · Peer group: banks under $1B in assets in MN (n=111-113) · Bellingham Corp. the
State charter, non-member · FDIC · 1 branch
Q2 2026
$46.4MAssets
$22.6MLoans
$38.4MDeposits
$5.4MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in MN (rank 36 of 111).
- Widest gap: net interest margin trails 100% of banks under $1B in assets in MN (rank 113 of 113).
- Overall: at or above the peer median on 4 of 9 directional measures.
Return on Assets
0.18%
Rank 108 of 113
Net Interest Margin
1.99%
Rank 113 of 113
Efficiency Ratio
88.64%
Rank 108 of 113
Equity / Assets
11.72%
Rank 34 of 113
Non-interest income vs. expense
Unfavorable gap of $858K · efficiency ratio beats 5% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.18% | 0.87% | 1.20% | 1.41% | Beats 4% | 108 / 113 | |
| Return on Equity | 1.53% | 8.92% | 11.27% | 13.99% | Beats 4% | 109 / 113 | |
| Net Interest Margin | 1.99% | 3.42% | 3.88% | 4.31% | Beats 0% | 113 / 113 | |
| Efficiency Ratio | 88.64% | 54.13% | 61.48% | 69.86% | Beats 5% | 108 / 113 | |
| Asset Quality |
| Nonperforming Loans / Loans | 2.50% | 0.09% | 0.58% | 1.82% | Beats 13% | 98 / 111 | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.04% | Beats 100% | 36 / 111 | |
| Capital |
| Tier 1 Capital Ratio | 24.33% | 11.53% | 13.31% | 18.13% | Beats 88% | 14 / 113 | |
| Total Risk-Based Capital Ratio | 25.34% | 12.12% | 14.43% | 19.39% | Beats 87% | 15 / 113 | |
| Equity / Assets | 11.72% | 8.52% | 10.10% | 11.94% | Beats 70% | 34 / 113 | |
| Liquidity & Funding |
| Loans / Deposits | 58.84% | 62.08% | 77.32% | 88.06% | 18th pctl | 91 / 111 | |
| Loans / Assets | 48.79% | 55.01% | 66.35% | 75.50% | 15th pctl | 96 / 113 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |