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Wanda State Bank, The

Wanda, MN · Cert 1908

State charter, non-member · FDIC · 2 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in MN3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets in MN (n=111 to 113). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

45

Q2 2024Q2 2026peer median (50)

Asset Quality

66

Q2 2024Q2 2026peer median (50)

Profitability

18

Q2 2024Q2 2026peer median (50)

Liquidity

72

Q2 2024Q2 2026peer median

Efficiency

41

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Wanda State Bank, The

Wanda, MN · Cert 1908

State charter, non-member · FDIC · 2 branches

Q2 2026

$229.8MAssets
$138.7MLoans
$201.3MDeposits
$27.2MEquity
Loan mix
87%RE $76.3M9%C&I $7.7M4%Consumer $3.6MQ3 2024Q2 2026
Deposit mix
74%Interest-bearing $149.3M26%Noninterest $51.9MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 0.85%, up 30 bps year over year; NIM at 3.02%.
  • Asset quality: problem loans at 1.12% of loans (+103 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.12%, down 32 bps from a year ago.
  • Funding: loans stand at 68.92% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.85%+30 bps YoY

Net Interest Margin (YTD, annualized)

3.02%+28 bps YoY

Efficiency Ratio (YTD, annualized)

55.17%-857 bps YoY

Tier 1 Leverage Ratio

12.12%-32 bps YoY

NIM

4.17%Q2 ’244.21%Q2 ’254.59%Q2 ’26+16%+10%

Non-interest income vs. expense

1.65%Q2 ’241.94%Q2 ’252.05%Q2 ’26+18%+3%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.46%0.63%0.47%0.54%0.70%0.62%0.81%0.85%+30 bps
Return on Equity3.60%4.88%3.59%4.39%5.78%5.16%7.15%7.37%+298 bps
Net Interest Margin2.30%2.29%2.57%2.74%2.77%2.76%2.96%3.02%+28 bps
Efficiency Ratio67.59%68.00%69.62%63.74%59.72%58.06%56.46%55.17%-857 bps
Non-Interest Burden1.50%1.49%1.74%1.79%1.76%1.71%1.84%1.84%+6 bps
Growth
Asset Growth (YoY)0.29%-1.24%1.06%23.78%26.24%27.89%26.10%4.02%-1,975 bps
Loan Growth (YoY)6.45%-3.69%2.28%28.01%26.17%31.19%27.50%3.75%-2,425 bps
Deposit Growth (YoY)-2.05%-1.65%0.66%26.54%29.70%30.19%28.73%3.60%-2,294 bps
Asset Quality
Nonperforming Loans / Loans1.26%0.86%0.25%0.09%0.77%0.44%0.58%1.12%+103 bps
Net Charge-Offs / Loans0.35%0.24%0.00%0.00%0.00%0.01%0.00%0.00%0 bps
Allowance / Loans1.77%1.78%1.82%1.61%1.62%1.71%1.75%1.74%+13 bps
Allowance Coverage of NPLs1.4x2.1x7.2x18.2x2.1x3.9x3.0x1.6x-16.7x
Capital
Tier 1 Leverage Ratio15.52%15.41%15.13%12.44%11.90%11.70%11.65%12.12%-32 bps
Total Risk-Based Capital15.52%15.41%15.13%12.44%11.90%11.70%11.65%12.12%-32 bps
Equity / Assets13.47%12.98%12.99%11.43%11.43%11.44%11.26%11.86%+43 bps
Liquidity & Funding
Loans / Deposits67.78%68.19%66.98%68.82%65.94%68.71%66.34%68.92%+10 bps
Liquid Assets / Assets1.23%1.22%1.06%1.44%2.25%4.97%5.13%6.80%+536 bps
CRE / Total Capitaln/an/an/an/a14.88%15.72%15.22%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Wanda State Bank, The

Wanda, MN · Cert 1908 · Peer group: banks under $1B in assets in MN (n=111-113)

State charter, non-member · FDIC · 2 branches

Q2 2026

$229.8MAssets
$138.7MLoans
$201.3MDeposits
$27.2MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in MN (rank 36 of 111).
  • Widest gap: net interest margin trails 86% of banks under $1B in assets in MN (rank 97 of 113).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.86%

Rank 86 of 113

Net Interest Margin

3.02%

Rank 97 of 113

Efficiency Ratio

64.14%

Rank 68 of 113

Equity / Assets

11.86%

Rank 31 of 113

Non-interest income vs. expense

$0.5M$4.8MINCOMEEXPENSE
Unfavorable gap of $4.4M · efficiency ratio beats 41% of banks under $1B in assets in MN
Bank 64.14%Peer median 61.5%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.86%0.87%1.20%1.41%Beats 24%86 / 113
Return on Equity7.27%8.92%11.27%13.99%Beats 17%94 / 113
Net Interest Margin3.02%3.42%3.88%4.31%Beats 14%97 / 113
Efficiency Ratio64.14%54.13%61.48%69.86%Beats 41%68 / 113
Asset Quality
Nonperforming Loans / Loans1.12%0.09%0.58%1.82%Beats 32%77 / 111
Net Charge-Offs / Loans0.00%n/a0.00%0.04%Beats 100%36 / 111
Capital
Tier 1 Capital Ratio12.12%11.53%13.31%18.13%Beats 37%71 / 113
Total Risk-Based Capital Ratio12.12%12.12%14.43%19.39%Beats 25%85 / 113
Equity / Assets11.86%8.52%10.10%11.94%Beats 73%31 / 113
Liquidity & Funding
Loans / Deposits68.92%62.08%77.32%88.06%32nd pctl75 / 111
Loans / Assets60.37%55.01%66.35%75.50%36th pctl72 / 113
Brokered Deposits / Depositsn/aNot reported for this institution