PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Andes State Bank

Lake Andes, SD · Cert 18483 · Randall Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$28.2MAssets
$11.1MLoans
$24.2MDeposits
$3.9MEquity
Loan mix
37%RE $2.9M43%C&I $3.4M20%Consumer $1.5MQ3 2024Q2 2026
Deposit mix
69%Interest-bearing $16.8M31%Noninterest $7.4MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.83%, up 6 bps year over year; NIM at 4.28%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.04%.
  • Capital: tier 1 leverage ratio of 13.32%, up 89 bps from a year ago.
  • Funding: loans stand at 45.83% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

1.83%+6 bps YoY

Net Interest Margin (quarter, annualized)

4.28%+41 bps YoY

Efficiency Ratio (quarter, annualized)

53.29%+230 bps YoY

Tier 1 Leverage Ratio

13.32%+89 bps YoY

NIM

4.44%Q2 ’244.53%Q2 ’254.83%Q2 ’26+1%+10%

Non-interest income vs. expense

2.08%Q2 ’242.12%Q2 ’252.40%Q2 ’26-1%+18%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.68%0.81%1.23%1.77%1.01%1.48%1.15%1.83%+6 bps
Return on Equity13.18%6.11%9.29%13.45%7.32%10.61%8.18%12.79%-67 bps
Net Interest Margin4.04%3.87%3.97%3.87%4.27%4.09%4.01%4.28%+41 bps
Efficiency Ratio52.59%66.43%60.00%50.99%56.90%52.08%62.15%53.29%+230 bps
Non-Interest Burden1.99%2.44%2.32%1.84%2.28%1.95%2.38%2.17%+33 bps
Growth
Asset Growth (YoY)-2.48%-11.57%-2.14%3.73%0.37%9.68%-2.16%3.77%+4 bps
Loan Growth (YoY)-2.71%2.68%3.30%8.12%17.70%13.68%10.06%15.38%+726 bps
Deposit Growth (YoY)-4.98%-14.45%-4.22%2.57%-1.19%9.18%-4.16%2.86%+28 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.95%1.49%0.00%0 bps
Net Charge-Offs / Loans0.04%0.00%0.04%0.04%0.15%0.04%0.00%-0.04%-8 bps
Allowance / Loans2.28%2.20%2.25%2.26%2.28%2.27%2.42%2.25%-1 bps
Allowance Coverage of NPLsn/an/an/an/an/a2.4x1.6xn/an/a
Capital
Tier 1 Leverage Ratio13.63%13.19%13.96%12.43%14.31%13.42%14.30%13.32%+89 bps
Total Risk-Based Capital13.63%27.29%31.34%31.27%30.97%29.89%32.43%30.42%-84 bps
Equity / Assets13.36%13.18%13.19%13.13%14.61%13.41%14.83%13.84%+71 bps
Liquidity & Funding
Loans / Deposits43.08%43.71%41.44%40.86%51.32%45.51%47.59%45.83%+497 bps
Liquid Assets / Assets31.62%29.04%29.18%29.90%33.51%29.12%37.41%37.66%+776 bps
CRE / Total Capitaln/an/an/an/a29.42%26.59%25.23%n/an/a