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Minnesota First Credit and Savings, Incorporated

Rochester, MN · Cert 26755

State charter, non-member · FDIC · 4 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets operating in a single state3

Basis

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.

Peer group

Banks under $1B in assets operating in a single state (n=743 to 746). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

83

Q2 2024Q2 2026peer median (50)

Asset Quality

87

Q2 2024Q2 2026peer median (50)

Profitability

29

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

7

Q2 2024Q2 2026peer median (50)

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.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Minnesota First Credit and Savings, Incorporated

Rochester, MN · Cert 26755

State charter, non-member · FDIC · 4 branches

Q2 2026

$29.9MAssets
$26.9MLoans
$24.9MDeposits
$4.2MEquity
Loan mix
66%RE $17.2M1%C&I $0.3M33%Consumer $8.5MQ2 2025Q2 2026
Deposit mix
99%Interest-bearing $24.8M1%Noninterest $0.1MQ2 2025Q2 2026

NIM

7.45%Q2 ’247.44%Q2 ’257.27%Q2 ’26+1%+3%

Non-interest income vs. expense

3.96%Q2 ’243.90%Q2 ’253.82%Q2 ’26-3%+4%

Market Position · Rochester, MN · 2026 SOD (annual) · 0.2% share · #34 of 34 inst. · $0.0B of $7.6B

0.3% Olmsted
0.4% Steele
0.1% Goodhue
0.1% Winona

Executive Summary

  • Earnings: ROA of 0.25%, down 2 bps year over year; NIM at 4.06%.
  • Asset quality: problem loans at 0.12% of loans (+1 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 14.16%, down 106 bps from a year ago.
  • Funding: loans stand at 108.05% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.25%-2 bps YoY

Net Interest Margin (YTD, annualized)

4.06%+11 bps YoY

Efficiency Ratio (YTD, annualized)

92.25%+36 bps YoY

Tier 1 Leverage Ratio

14.16%-106 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.27%0.35%0.31%0.25%0.25%-2 bps
Return on Equity1.79%2.28%2.07%1.72%1.79%0 bps
Net Interest Margin3.95%4.03%3.98%3.96%4.06%+11 bps
Efficiency Ratio91.88%89.91%90.85%92.36%92.25%+36 bps
Non-Interest Burden3.60%3.59%3.59%3.65%3.74%+13 bps
Growth
Asset Growth (YoY)10.24%10.40%11.13%9.52%9.31%-93 bps
Loan Growth (YoY)12.33%12.50%9.03%8.79%7.34%-499 bps
Deposit Growth (YoY)21.97%17.01%15.24%13.28%9.51%-1,247 bps
Asset Quality
Nonperforming Loans / Loans0.11%0.26%0.18%0.11%0.12%+1 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.63%1.57%1.58%1.57%1.52%-11 bps
Allowance Coverage of NPLs14.6x6.0x8.9x14.6x12.4x-2.2x
Capital
Tier 1 Leverage Ratio15.22%15.03%14.79%14.23%14.16%-106 bps
Total Risk-Based Capital22.58%21.98%22.07%22.12%21.18%-141 bps
Equity / Assets15.18%14.90%14.51%14.04%14.15%-102 bps
Liquidity & Funding
Loans / Deposits110.23%112.86%108.25%103.93%108.05%-218 bps
Liquid Assets / Assets1.24%3.02%5.58%7.95%4.62%+338 bps
CRE / Total Capitaln/a14.16%14.74%14.76%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Minnesota First Credit and Savings, Incorporated

Rochester, MN · Cert 26755 · Peer group: banks under $1B in assets operating in a single state (n=743-746)

State charter, non-member · FDIC · 4 branches

Q2 2026

$29.9MAssets
$26.9MLoans
$24.9MDeposits
$4.2MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 185 of 743).
  • Widest gap: efficiency ratio trails 93% of banks under $1B in assets operating in a single state (rank 697 of 746).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

0.25%

Rank 683 of 746

Net Interest Margin

4.06%

Rank 223 of 746

Efficiency Ratio

92.25%

Rank 697 of 746

Equity / Assets

14.15%

Rank 135 of 746

Non-interest income vs. expense

$0.0M$1.1MINCOMEEXPENSE
Unfavorable gap of $1.1M · efficiency ratio beats 7% of banks under $1B in assets operating in a single state
Bank 92.25%Peer median 64.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.25%0.72%1.06%1.45%Beats 8%683 / 746
Return on Equity1.78%6.74%10.51%13.63%Beats 8%690 / 746
Net Interest Margin4.06%3.17%3.68%4.16%Beats 70%223 / 746
Efficiency Ratio92.25%55.74%64.58%75.47%Beats 7%697 / 746
Asset Quality
Nonperforming Loans / Loans0.12%0.09%0.42%1.07%Beats 73%201 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 100%185 / 743
Capital
Tier 1 Capital Ratio19.92%11.55%13.75%17.60%Beats 83%129 / 746
Total Risk-Based Capital Ratio21.18%11.71%14.33%18.43%Beats 83%124 / 746
Equity / Assets14.15%8.90%10.51%13.06%Beats 82%135 / 746
Liquidity & Funding
Loans / Deposits108.05%61.31%78.27%90.78%96th pctl32 / 746
Loans / Assets90.02%53.60%66.97%76.08%99th pctl9 / 746
Brokered Deposits / Depositsn/aNot reported for this institution