Watkins, IA · Cert 18071
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Cedar Rapids, IA · 2026 SOD (annual) · 0.9% share · #23 of 35 inst. · $0.1B of $8.8B
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 | 0.20% | 0.61% | 0.36% | 0.29% | 0.39% | 0.34% | 0.51% | 0.51% | +22 bps | |
| Return on Equity | 1.63% | 4.80% | 2.90% | 2.26% | 2.91% | 2.51% | 3.85% | 3.88% | +161 bps | |
| Net Interest Margin | 1.66% | 1.53% | 1.65% | 1.60% | 1.65% | 1.61% | 1.76% | 1.86% | +25 bps | |
| Efficiency Ratio | 86.65% | 62.18% | 78.71% | 82.13% | 77.09% | 74.08% | 71.90% | 69.67% | -1,246 bps | |
| Non-Interest Burden | 1.44% | 0.94% | 1.30% | 1.31% | 1.26% | 1.19% | 1.25% | 1.29% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.46% | -1.35% | 2.93% | 4.60% | 4.72% | 5.88% | 6.24% | 5.56% | +96 bps | |
| Loan Growth (YoY) | 9.04% | 8.72% | 6.55% | 7.20% | 4.84% | -0.65% | -3.67% | -1.67% | -887 bps | |
| Deposit Growth (YoY) | -0.63% | -1.62% | 1.76% | 3.41% | 4.35% | 4.34% | 5.80% | 5.21% | +180 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.32% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.54% | 0.50% | 0.50% | 0.51% | 0.52% | 0.51% | 0.52% | 0.52% | +1 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | 8.9x | 1.6x | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 16.56% | 16.37% | 15.58% | 15.53% | 15.54% | 15.03% | 15.08% | 14.80% | -73 bps | |
| Total Risk-Based Capital | 16.56% | 16.37% | 15.58% | 15.53% | 15.54% | 15.03% | 15.08% | 14.80% | -73 bps | |
| Equity / Assets | 13.30% | 12.09% | 12.57% | 12.81% | 13.79% | 13.34% | 12.96% | 13.12% | +31 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 47.07% | 49.15% | 47.89% | 46.31% | 47.30% | 46.80% | 43.61% | 43.28% | -303 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 1.89% | 1.82% | 1.67% | n/a | n/a | |