Alden, MI · Cert 17622
State charter, non-member · FDIC · 4 branches
Q2 2026
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.34% | 1.44% | 1.54% | 1.70% | 1.77% | +43 bps | |
| Return on Equity | 11.98% | 12.80% | 13.42% | 13.72% | 14.25% | +227 bps | |
| Net Interest Margin | 3.69% | 3.64% | 3.88% | 4.15% | 4.17% | +48 bps | |
| Efficiency Ratio | 56.87% | 55.30% | 54.71% | 52.07% | 50.85% | -602 bps | |
| Non-Interest Burden | 1.93% | 1.84% | 1.94% | 1.99% | 1.92% | -1 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 4.22% | 4.24% | 2.19% | -0.42% | 0.06% | -415 bps | |
| Loan Growth (YoY) | 10.14% | 8.06% | 8.31% | 10.98% | 2.96% | -719 bps | |
| Deposit Growth (YoY) | 3.42% | 3.86% | 1.07% | -1.73% | -1.53% | -495 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.18% | 0.23% | 0.20% | 0.25% | 0.26% | +8 bps | |
| Net Charge-Offs / Loans | -0.02% | -0.01% | 0.01% | 0.06% | 0.03% | +4 bps | |
| Allowance / Loans | 2.63% | 2.69% | 2.54% | 2.48% | 2.53% | -10 bps | |
| Allowance Coverage of NPLs | 14.4x | 11.5x | 12.5x | 10.0x | 9.8x | -4.6x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 11.77% | 11.68% | 12.17% | 12.84% | 12.71% | +94 bps | |
| Total Risk-Based Capital | 11.77% | 11.68% | 12.17% | 12.84% | 12.71% | +94 bps | |
| Equity / Assets | 11.28% | 11.36% | 12.32% | 12.43% | 12.58% | +130 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 67.79% | 64.10% | 71.51% | 73.05% | 70.89% | +309 bps | |
| Liquid Assets / Assets | 13.31% | 19.13% | 9.61% | 8.53% | 10.73% | -258 bps | |
| CRE / Total Capital | n/a | 146.06% | 135.76% | 128.32% | n/a | n/a | |