PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Sunrise Banks, National Association

Sioux Falls, SD · Cert 18561 · University Finl GBC Dba Sunrise Banks

National charter · OCC · 5 branches

Q2 2026

$2.8BAssets
$1.8BLoans
$2.5BDeposits
$255.2MEquity
Loan mix
76%RE $1.3B7%C&I $0.1B17%Consumer $0.3BQ2 2025Q2 2026
Deposit mix
35%Interest-bearing $0.9B65%Noninterest $1.6BQ2 2025Q2 2026

NIM

4.81%Q2 ’244.80%Q2 ’254.79%Q2 ’26+1%-2%

Non-interest income vs. expense

5.31%Q2 ’245.89%Q2 ’255.34%Q2 ’26+0%+1%

Market Position · Sioux Falls, SD-MN · 2026 SOD (annual) · 0.2% share · #6 of 42 inst. · $1.7B of $1127.8B

0.3% Lincoln
0.9% Ramsey
0.1% Hennepin

Executive Summary

  • Earnings: ROA of 0.35%, down 4 bps year over year; NIM at 4.22%.
  • Asset quality: problem loans at 1.34% of loans (+29 bps YoY), with net charge-offs at 1.09%.
  • Capital: tier 1 leverage ratio of 10.18%, down 29 bps from a year ago.
  • Funding: loans stand at 71.84% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.35%-4 bps YoY

Net Interest Margin (YTD, annualized)

4.22%-9 bps YoY

Efficiency Ratio (YTD, annualized)

90.07%+92 bps YoY

Tier 1 Leverage Ratio

10.18%-29 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.39%0.33%0.39%0.26%0.35%-4 bps
Return on Equity4.17%3.57%4.12%2.80%3.75%-42 bps
Net Interest Margin4.31%4.26%4.16%4.15%4.22%-9 bps
Efficiency Ratio89.15%90.00%89.12%91.97%90.07%+92 bps
Non-Interest Burden3.60%3.63%3.50%3.67%3.64%+4 bps
Growth
Asset Growth (YoY)5.25%6.24%9.24%7.72%9.07%+383 bps
Loan Growth (YoY)11.90%6.00%1.29%1.00%1.10%-1,080 bps
Deposit Growth (YoY)4.55%11.65%8.75%7.78%9.33%+478 bps
Asset Quality
Nonperforming Loans / Loans1.05%1.31%1.13%1.05%1.34%+29 bps
Net Charge-Offs / Loans0.00%0.14%0.96%1.25%1.09%+109 bps
Allowance / Loans1.35%1.30%1.89%1.79%1.79%+43 bps
Allowance Coverage of NPLs1.3x1.0x1.7x1.7x1.3x0.0x
Capital
Tier 1 Leverage Ratio10.47%10.46%10.31%9.95%10.18%-29 bps
Total Risk-Based Capital10.47%10.46%10.31%9.95%10.18%-29 bps
Equity / Assets9.48%9.74%9.37%9.27%9.18%-30 bps
Liquidity & Funding
Loans / Deposits77.69%77.01%72.47%73.01%71.84%-585 bps
Liquid Assets / Assets3.02%3.78%7.62%6.34%7.75%+473 bps
CRE / Total Capitaln/a391%385%391%n/an/a