PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Green Belt Bank & Trust

Iowa Falls, IA · Cert 26760 · Green Belt Bcorp

State charter, non-member · FDIC · 9 branches

Q2 2026

$758.7MAssets
$637.4MLoans
$676.6MDeposits
$70.7MEquity
Loan mix
85%RE $413.8M13%C&I $65.7M2%Consumer $8.4MQ2 2025Q2 2026
Deposit mix
92%Interest-bearing $619.8M8%Noninterest $56.8MQ2 2025Q2 2026

NIM

5.27%Q2 ’245.51%Q2 ’255.55%Q2 ’26+13%+6%

Non-interest income vs. expense

1.93%Q2 ’241.99%Q2 ’252.03%Q2 ’26-4%+3%

Market Position · Waterloo-Cedar Falls, IA · 2026 SOD (annual) · 1.6% share · #16 of 23 inst. · $0.1B of $4.7B

39.9% Hardin
8.1% Grundy
9.8% Wright
9.8% Franklin

Executive Summary

  • Earnings: ROA of 1.42%, up 11 bps year over year; NIM at 3.31%.
  • Asset quality: problem loans at 0.04% of loans (+2 bps YoY), with net recoveries of 0.07%.
  • Capital: tier 1 leverage ratio of 9.18%, up 19 bps from a year ago.
  • Funding: loans stand at 94.20% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.42%+11 bps YoY

Net Interest Margin (quarter, annualized)

3.31%+17 bps YoY

Efficiency Ratio (quarter, annualized)

52.36%-140 bps YoY

Tier 1 Leverage Ratio

9.18%+19 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.30%1.41%0.74%1.39%1.42%+11 bps
Return on Equity14.70%15.51%8.13%15.40%15.51%+81 bps
Net Interest Margin3.14%3.12%3.10%3.17%3.31%+17 bps
Efficiency Ratio53.76%51.59%74.61%52.60%52.36%-140 bps
Non-Interest Burden1.41%1.27%2.15%1.32%1.45%+4 bps
Growth
Asset Growth (YoY)4.54%8.96%4.28%6.30%6.57%+202 bps
Loan Growth (YoY)6.90%3.55%4.07%3.54%4.34%-255 bps
Deposit Growth (YoY)7.04%9.34%5.29%6.23%6.64%-39 bps
Asset Quality
Nonperforming Loans / Loans0.02%0.04%0.18%0.20%0.04%+2 bps
Net Charge-Offs / Loans-0.03%-0.11%0.01%0.02%-0.07%-4 bps
Allowance / Loans1.39%1.45%1.37%1.37%1.40%+2 bps
Allowance Coverage of NPLs81.4x35.4x7.6x6.9x38.4x-43.0x
Capital
Tier 1 Leverage Ratio8.99%9.17%8.98%9.07%9.18%+19 bps
Total Risk-Based Capital11.14%11.48%11.02%11.10%11.38%+24 bps
Equity / Assets9.09%9.10%9.15%8.93%9.32%+23 bps
Liquidity & Funding
Loans / Deposits96.27%91.33%95.89%92.21%94.20%-208 bps
Liquid Assets / Assets0.35%0.34%0.40%0.35%0.36%+1 bps
CRE / Total Capitaln/a244%248%241%n/an/a