Kenmare, ND · Cert 2057 · Jorgenson Holding Co.
State charter, non-member · FDIC · 1 affiliate bank · 3 branches (6 in holding)
Q2 2026
Market Position · Minot, ND · 2026 SOD (annual) · 4.9% share · #8 of 14 inst. · $0.2B of $3.7B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.86% | -0.37% | 0.55% | 0.69% | 0.68% | 0.25% | 0.75% | 1.04% | +35 bps | |
| Return on Equity | 15.02% | -6.25% | 10.27% | 11.95% | 10.34% | 3.60% | 10.89% | 14.76% | +281 bps | |
| Net Interest Margin | 2.18% | 2.06% | 2.32% | 2.53% | 2.64% | 2.52% | 2.50% | 2.61% | +8 bps | |
| Efficiency Ratio | 83.39% | 110.45% | 69.14% | 64.47% | 63.63% | 84.88% | 60.52% | 51.97% | -1,251 bps | |
| Non-Interest Burden | 1.85% | 2.32% | 1.62% | 1.65% | 1.70% | 2.17% | 1.52% | 1.33% | -33 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.61% | 9.56% | 5.60% | 5.33% | 8.66% | 8.92% | 7.30% | 10.61% | +529 bps | |
| Loan Growth (YoY) | 6.67% | 6.73% | 13.29% | 13.05% | 7.59% | 5.87% | -0.99% | -6.52% | -1,957 bps | |
| Deposit Growth (YoY) | 12.70% | 11.17% | 6.56% | 5.04% | 9.36% | 7.31% | 5.94% | 9.56% | +452 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.02% | 1.10% | +110 bps | |
| Net Charge-Offs / Loans | 0.01% | -0.02% | -0.08% | -0.01% | 0.02% | 0.01% | -0.08% | -0.01% | 0 bps | |
| Allowance / Loans | 0.93% | 1.03% | 1.01% | 0.96% | 0.99% | 1.04% | 1.10% | 1.11% | +14 bps | |
| Allowance Coverage of NPLs | 2.1x | n/a | n/a | n/a | n/a | 35.3x | 46.7x | 1.0x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.37% | 9.16% | 8.92% | 9.14% | 9.28% | 9.16% | 9.05% | 9.25% | +10 bps | |
| Total Risk-Based Capital | 16.38% | 15.70% | 16.22% | 15.87% | 15.84% | 16.88% | 17.18% | 17.78% | +192 bps | |
| Equity / Assets | 6.40% | 5.34% | 5.39% | 6.14% | 6.92% | 7.11% | 6.76% | 7.31% | +117 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 54.40% | 51.20% | 50.30% | 54.25% | 53.52% | 50.51% | 47.02% | 46.29% | -796 bps | |
| Liquid Assets / Assets | 0.36% | 0.34% | 0.33% | 0.36% | 0.07% | 0.05% | 0.06% | 0.07% | -29 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 104.73% | 99.69% | 98.13% | n/a | n/a | |