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 | |