PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Trailwest Bank

Lolo, MT · Cert 23806 · Bitterroot Holding Co.

State charter, non-member · FDIC · 1 affiliate bank · 15 branches (18 in holding)

Q2 2026

$1.1BAssets
$895.4MLoans
$860.2MDeposits
$93.9MEquity
Loan mix
91%RE $793.3M7%C&I $63.3M2%Consumer $14.5MQ2 2025Q2 2026
Deposit mix
76%Interest-bearing $656.3M24%Noninterest $203.9MQ2 2025Q2 2026

NIM

5.49%Q2 ’245.70%Q2 ’255.70%Q2 ’26-1%+8%

Non-interest income vs. expense

2.61%Q2 ’242.12%Q2 ’252.26%Q2 ’26-28%+28%

Market Position · Missoula, MT · 2026 SOD (annual) · 12.5% share · #4 of 11 inst. · $0.5B of $4.0B

11.0% Missoula
20.5% Ravalli
2.1% Flathead
100.0% Mineral

Executive Summary

  • Earnings: ROA of 1.40%, up 13 bps year over year; NIM at 3.85%.
  • Asset quality: problem loans at 1.82% of loans (+174 bps YoY), with net charge-offs at 0.08%.
  • Capital: tier 1 leverage ratio of 8.62%, up 14 bps from a year ago.
  • Funding: loans stand at 104.09% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.40%+13 bps YoY

Net Interest Margin (quarter, annualized)

3.85%+28 bps YoY

Efficiency Ratio (quarter, annualized)

53.26%+307 bps YoY

Tier 1 Leverage Ratio

8.62%+14 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.27%1.63%1.72%1.36%1.40%+13 bps
Return on Equity15.33%19.27%20.34%15.94%16.32%+99 bps
Net Interest Margin3.57%3.99%4.13%3.87%3.85%+28 bps
Efficiency Ratio50.19%50.49%50.05%50.73%53.26%+307 bps
Non-Interest Burden1.47%1.81%1.89%1.79%1.87%+41 bps
Growth
Asset Growth (YoY)9.65%10.76%3.06%6.60%10.36%+71 bps
Loan Growth (YoY)8.65%11.74%15.33%16.45%10.71%+206 bps
Deposit Growth (YoY)12.05%13.21%2.43%6.48%11.54%-51 bps
Asset Quality
Nonperforming Loans / Loans0.07%0.25%0.15%1.83%1.82%+174 bps
Net Charge-Offs / Loans0.01%-0.11%0.18%0.24%0.08%+7 bps
Allowance / Loans1.32%1.31%1.31%1.31%1.35%+4 bps
Allowance Coverage of NPLs17.7x5.2x9.0x0.7x0.7x-17.0x
Capital
Tier 1 Leverage Ratio8.48%8.68%8.64%8.80%8.62%+14 bps
Total Risk-Based Capital12.17%11.66%11.81%11.93%12.15%-2 bps
Equity / Assets8.41%8.45%8.49%8.61%8.49%+7 bps
Liquidity & Funding
Loans / Deposits104.87%108.01%107.78%106.37%104.09%-78 bps
Liquid Assets / Assets13.36%11.02%11.36%12.42%13.49%+13 bps
CRE / Total Capitaln/a385%386%387%n/an/a