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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 1.47%, down 3 bps year over year; NIM at 3.96%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • 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 (YTD, annualized)

1.47%-3 bps YoY

Net Interest Margin (YTD, annualized)

3.96%+30 bps YoY

Efficiency Ratio (YTD, annualized)

57.40%+224 bps YoY

Tier 1 Leverage Ratio

13.32%+89 bps YoY

NIM

4.16%Q2 ’244.25%Q2 ’254.52%Q2 ’26+2%+8%

Non-interest income vs. expense

2.10%Q2 ’242.13%Q2 ’252.41%Q2 ’26+4%+13%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.59%1.39%1.23%1.50%1.35%1.37%1.15%1.47%-3 bps
Return on Equity13.51%11.60%9.29%11.40%10.01%10.16%8.18%10.49%-91 bps
Net Interest Margin4.16%3.96%3.97%3.65%4.18%3.90%4.01%3.96%+30 bps
Efficiency Ratio54.02%57.12%60.00%55.16%55.76%54.78%62.15%57.40%+224 bps
Non-Interest Burden2.11%2.13%2.32%1.92%2.21%2.01%2.38%2.17%+24 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 / Loans0.01%0.01%0.04%0.04%0.07%0.06%0.00%-0.02%-6 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