PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Homestead Savings Bank

Albion, MI · Cert 28667

State savings bank · OCC · 3 branches

Q2 2026

$71.6MAssets
$50.4MLoans
$64.6MDeposits
$6.6MEquity
Loan mix
92%RE $47.1M6%C&I $3.0M2%Consumer $1.0MQ2 2025Q2 2026
Deposit mix
54%Interest-bearing $34.7M46%Noninterest $29.9MQ2 2025Q2 2026

NIM

4.16%Q2 ’244.42%Q2 ’254.62%Q2 ’26+8%+7%

Non-interest income vs. expense

4.03%Q2 ’243.95%Q2 ’254.07%Q2 ’26+3%-3%

Market Position · Battle Creek, MI · 2026 SOD (annual) · 3.7% share · #7 of 10 inst. · $0.0B of $1.3B

3.7% Calhoun
0.3% Jackson
0.1% Ingham

Executive Summary

  • Earnings: ROA of 0.75%, up 19 bps year over year; NIM at 4.25%.
  • Asset quality: problem loans at 0.24% of loans (-31 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.42%, up 103 bps from a year ago.
  • Funding: loans stand at 78.08% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.75%+19 bps YoY

Net Interest Margin (YTD, annualized)

4.25%+28 bps YoY

Efficiency Ratio (YTD, annualized)

78.83%-568 bps YoY

Tier 1 Leverage Ratio

9.42%+103 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.55%0.55%0.64%0.75%0.75%+19 bps
Return on Equity6.81%6.63%7.59%8.45%8.37%+155 bps
Net Interest Margin3.96%4.07%4.15%4.31%4.25%+28 bps
Efficiency Ratio84.52%84.68%83.02%78.70%78.83%-568 bps
Non-Interest Burden3.24%3.33%3.30%3.21%3.16%-8 bps
Growth
Asset Growth (YoY)-1.53%-0.18%1.18%0.44%0.16%+169 bps
Loan Growth (YoY)0.89%-2.69%-1.36%-2.44%-5.39%-628 bps
Deposit Growth (YoY)-2.50%-1.08%0.19%-0.45%-0.91%+160 bps
Asset Quality
Nonperforming Loans / Loans0.55%0.59%0.32%0.09%0.24%-31 bps
Net Charge-Offs / Loans0.08%0.06%0.04%-0.01%0.00%-9 bps
Allowance / Loans1.03%1.07%1.07%1.16%1.24%+21 bps
Allowance Coverage of NPLs1.9x1.8x3.3x12.7x5.2x+3.3x
Capital
Tier 1 Leverage Ratio8.39%8.82%9.16%9.09%9.42%+103 bps
Total Risk-Based Capital17.67%18.23%18.47%18.84%19.48%+180 bps
Equity / Assets8.40%8.60%8.83%8.80%9.20%+80 bps
Liquidity & Funding
Loans / Deposits81.78%80.10%79.84%77.06%78.08%-370 bps
Liquid Assets / Assets12.73%13.44%13.01%17.27%16.75%+402 bps
CRE / Total Capitaln/a291%282%272%n/an/a