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Saint Clair State Bank (Incorporated)

Saint Clair, MN · Cert 1903 · Saint Clair Agency Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$134.4MAssets
$99.5MLoans
$118.4MDeposits
$15.0MEquity
Loan mix
78%RE $55.2M14%C&I $10.1M8%Consumer $5.5MQ2 2025Q2 2026
Deposit mix
84%Interest-bearing $99.0M16%Noninterest $19.4MQ2 2025Q2 2026

NIM

5.45%Q2 ’245.63%Q2 ’255.51%Q2 ’26-1%+5%

Non-interest income vs. expense

1.44%Q2 ’241.40%Q2 ’251.36%Q2 ’26-2%-3%

Market Position · Mankato, MN · 2026 SOD (annual) · 3.4% share · #10 of 19 inst. · $0.1B of $3.5B

Executive Summary

  • Earnings: ROA of 1.83%, up 23 bps year over year; NIM at 3.49%.
  • Asset quality: problem loans at 0.03% of loans (+3 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.08%, up 14 bps from a year ago.
  • Funding: loans stand at 84.07% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.83%+23 bps YoY

Net Interest Margin (YTD, annualized)

3.49%+18 bps YoY

Efficiency Ratio (YTD, annualized)

37.18%-309 bps YoY

Tier 1 Leverage Ratio

11.08%+14 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.61%1.67%1.46%1.82%1.83%+23 bps
Return on Equity15.04%15.60%13.56%16.73%16.68%+164 bps
Net Interest Margin3.31%3.30%3.25%3.52%3.49%+18 bps
Efficiency Ratio40.27%38.89%54.22%36.30%37.18%-309 bps
Non-Interest Burden1.23%1.18%1.68%1.18%1.20%-4 bps
Growth
Asset Growth (YoY)10.16%12.45%4.81%5.14%6.47%-369 bps
Loan Growth (YoY)3.86%3.69%2.08%4.13%5.38%+153 bps
Deposit Growth (YoY)10.70%13.33%4.55%4.76%6.22%-448 bps
Asset Quality
Nonperforming Loans / Loans0.01%0.01%0.01%0.01%0.03%+3 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.63%1.63%1.25%1.27%1.24%-39 bps
Allowance Coverage of NPLs219.9x219.9x206.5x137.4x37.5x-182.4x
Capital
Tier 1 Leverage Ratio10.94%11.00%10.72%11.02%11.08%+14 bps
Total Risk-Based Capital10.94%11.00%10.72%11.02%11.08%+14 bps
Equity / Assets10.84%10.78%10.87%10.95%11.13%+29 bps
Liquidity & Funding
Loans / Deposits84.74%81.40%85.35%82.88%84.07%-67 bps
Liquid Assets / Assets14.08%16.32%16.46%14.96%15.97%+189 bps
CRE / Total Capitaln/a58.89%55.51%51.96%n/an/a