Spicer, MN · Cert 19254 · Heritage Bancshares Group Employee STK Ownership PLAN&TR
National charter · OCC · 5 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
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.
Banks under $1B in assets operating regionally (n=94). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
70
Asset Quality
11
Profitability
13
Liquidity
0
Efficiency
3
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.
Spicer, MN · Cert 19254 · Heritage Bancshares Group Employee STK Ownership PLAN&TR
National charter · OCC · 5 branches
Q2 2026
Market Position · Sioux Falls, SD-MN · 2026 SOD (annual) · 0.0% share · #42 of 42 inst. · $0.0B of $1127.8B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.31% | 0.08% | 0.58% | 0.15% | 0.14% | 0.15% | -0.52% | -0.02% | -17 bps | |
| Return on Equity | 4.31% | 1.03% | 6.77% | 1.68% | 1.59% | 1.63% | -5.14% | -0.17% | -185 bps | |
| Net Interest Margin | 3.25% | 3.29% | 3.12% | 3.42% | 3.54% | 3.53% | 3.46% | 3.62% | +20 bps | |
| Efficiency Ratio | 82.61% | 85.64% | 85.72% | 94.71% | 94.89% | 94.98% | 113.29% | 106.18% | +1,147 bps | |
| Non-Interest Burden | 2.60% | 2.82% | 2.38% | 3.17% | 3.30% | 3.31% | 4.01% | 3.90% | +72 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -9.32% | -16.15% | -25.28% | -22.37% | -20.94% | -18.91% | -17.35% | -13.12% | +926 bps | |
| Loan Growth (YoY) | -14.60% | -15.47% | -19.40% | -19.97% | -19.20% | -20.79% | -15.86% | -12.98% | +700 bps | |
| Deposit Growth (YoY) | -6.82% | -11.06% | -20.26% | -16.53% | -16.61% | -17.89% | -18.26% | -19.85% | -332 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.26% | 2.07% | 2.43% | 2.05% | 2.15% | 3.36% | 3.47% | 3.84% | +180 bps | |
| Net Charge-Offs / Loans | 0.64% | 0.63% | 0.15% | 0.44% | 0.37% | 0.33% | 0.10% | 0.05% | -39 bps | |
| Allowance / Loans | 1.65% | 1.78% | 1.95% | 1.85% | 1.89% | 1.95% | 2.03% | 1.86% | +1 bps | |
| Allowance Coverage of NPLs | 0.7x | 0.9x | 0.8x | 0.9x | 0.9x | 0.6x | 0.6x | 0.5x | -0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.03% | 8.25% | 9.39% | 9.84% | 9.77% | 10.02% | 10.60% | 10.81% | +96 bps | |
| Total Risk-Based Capital | 12.93% | 13.12% | 15.15% | 15.60% | 15.46% | 15.95% | 16.87% | 16.59% | +99 bps | |
| Equity / Assets | 8.04% | 8.00% | 9.15% | 9.56% | 9.58% | 9.81% | 10.48% | 10.49% | +93 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.99% | 99.28% | 96.97% | 99.15% | 98.83% | 95.78% | 99.82% | 107.66% | +850 bps | |
| Liquid Assets / Assets | 6.32% | 6.03% | 6.79% | 4.07% | 4.34% | 7.62% | 4.42% | 3.66% | -41 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 219% | 204% | 191.93% | n/a | n/a | |
Spicer, MN · Cert 19254 · Peer group: banks under $1B in assets operating regionally (n=94) · Heritage Bancshares Group Employee STK Ownership PLAN&TR
National charter · OCC · 5 branches
Q2 2026
Return on Assets
-0.02%
Rank 92 of 94
Net Interest Margin
3.62%
Rank 61 of 94
Efficiency Ratio
106.18%
Rank 92 of 94
Equity / Assets
10.49%
Rank 42 of 94
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -0.02% | 0.82% | 1.19% | 1.46% | Beats 2% | 92 / 94 | ||
| Return on Equity | -0.17% | 7.85% | 11.84% | 14.03% | Beats 2% | 92 / 94 | ||
| Net Interest Margin | 3.62% | 3.42% | 3.81% | 4.18% | Beats 35% | 61 / 94 | ||
| Efficiency Ratio | 106.18% | 55.99% | 62.41% | 73.02% | Beats 3% | 92 / 94 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 3.84% | 0.19% | 0.47% | 1.14% | Beats 4% | 91 / 94 | ||
| Net Charge-Offs / Loans | 0.08% | 0.00% | 0.02% | 0.05% | Beats 18% | 78 / 94 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 15.33% | 10.28% | 11.95% | 15.07% | Beats 77% | 22 / 94 | ||
| Total Risk-Based Capital Ratio | 16.59% | 10.31% | 12.59% | 15.88% | Beats 78% | 21 / 94 | ||
| Equity / Assets | 10.49% | 8.98% | 10.21% | 11.41% | Beats 55% | 42 / 94 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 107.66% | 72.62% | 84.44% | 94.55% | 95th pctl | 5 / 94 | ||
| Loans / Assets | 85.36% | 62.50% | 72.84% | 78.99% | 88th pctl | 11 / 94 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||