Hudsonville, MI · Cert 22308 · Northstar Financial Group Inc.
State charter, Fed member · FED · 2 affiliate banks · 8 branches (27 in holding)
Q2 2026
Market Position · Grand Rapids-Wyoming-Kentwood, MI · 2026 SOD (annual) · 3.1% share · #8 of 28 inst. · $1.1B of $34.4B
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 | 1.29% | 1.36% | 1.12% | 1.03% | 1.16% | 1.21% | 1.37% | 1.46% | +43 bps | |
| Return on Equity | 14.60% | 15.56% | 12.90% | 11.72% | 13.12% | 13.86% | 16.28% | 17.04% | +532 bps | |
| Net Interest Margin | 3.43% | 3.40% | 3.57% | 3.59% | 3.59% | 3.48% | 3.57% | 3.56% | -3 bps | |
| Efficiency Ratio | 53.76% | 53.23% | 54.83% | 53.58% | 52.89% | 52.07% | 51.40% | 51.71% | -187 bps | |
| Non-Interest Burden | 1.64% | 1.60% | 1.74% | 1.70% | 1.68% | 1.59% | 1.61% | 1.62% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.05% | 9.94% | 7.38% | 6.64% | 7.54% | 13.12% | 12.46% | 13.49% | +685 bps | |
| Loan Growth (YoY) | 9.92% | 8.15% | 7.44% | 6.53% | 8.13% | 13.02% | 13.05% | 12.67% | +614 bps | |
| Deposit Growth (YoY) | 9.26% | 14.26% | 13.22% | 7.43% | 9.08% | 11.64% | 13.83% | 15.49% | +806 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.04% | 1.00% | 0.96% | 0.61% | 0.80% | 0.31% | 1.43% | 1.40% | +79 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.57% | 0.36% | 0.28% | 0.00% | 0.00% | -57 bps | |
| Allowance / Loans | 1.23% | 1.23% | 1.34% | 1.29% | 1.30% | 1.34% | 1.38% | 1.39% | +10 bps | |
| Allowance Coverage of NPLs | 1.2x | 1.2x | 1.4x | 2.1x | 1.6x | 4.3x | 1.0x | 1.0x | -1.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.77% | 9.18% | 9.38% | 9.52% | 9.68% | 8.89% | 8.98% | 9.22% | -31 bps | |
| Total Risk-Based Capital | 9.77% | 9.18% | 9.38% | 9.52% | 9.68% | 8.89% | 8.98% | 9.22% | -31 bps | |
| Equity / Assets | 9.04% | 8.55% | 8.85% | 8.97% | 9.00% | 8.26% | 8.61% | 8.75% | -22 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.98% | 96.34% | 99.79% | 99.70% | 101.10% | 97.53% | 99.11% | 97.27% | -243 bps | |
| Liquid Assets / Assets | 0.99% | 0.72% | 0.82% | 0.80% | 1.03% | 2.20% | 0.83% | 1.16% | +36 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 552% | 605% | 585% | n/a | n/a | |