Bloomington, MN · Cert 28865 · Midcountry Acquisition Corp.
State savings bank · OCC · 3 affiliate banks · 16 branches (26 in holding)
Q2 2026
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.2% share · #32 of 125 inst. · $0.5B of $253.2B
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 | -0.91% | -0.55% | 0.76% | 0.82% | 0.80% | 0.86% | 1.22% | 1.03% | +20 bps | |
| Return on Equity | -8.82% | -5.30% | 6.80% | 7.14% | 6.71% | 7.12% | 9.48% | 8.08% | +94 bps | |
| Net Interest Margin | 3.30% | 3.36% | 3.24% | 3.42% | 3.46% | 3.49% | 3.92% | 3.73% | +32 bps | |
| Efficiency Ratio | 63.05% | 64.44% | 67.93% | 66.37% | 67.60% | 64.82% | 58.08% | 61.72% | -466 bps | |
| Non-Interest Burden | 2.00% | 2.06% | 2.17% | 2.24% | 2.31% | 2.23% | 2.21% | 2.24% | +1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.73% | 8.41% | -8.47% | -7.82% | -6.01% | -8.66% | -4.55% | -0.20% | +762 bps | |
| Loan Growth (YoY) | -2.10% | 0.70% | -12.68% | -12.52% | -10.07% | -12.93% | -10.38% | -3.12% | +940 bps | |
| Deposit Growth (YoY) | 6.28% | 11.13% | -5.35% | -5.54% | -3.91% | -10.96% | -8.74% | -6.49% | -95 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.64% | 2.76% | 2.27% | 2.15% | 1.98% | 1.77% | 1.55% | 0.90% | -125 bps | |
| Net Charge-Offs / Loans | 3.04% | 2.53% | 0.30% | 0.35% | 0.38% | 0.21% | -0.05% | 0.03% | -32 bps | |
| Allowance / Loans | 1.84% | 1.71% | 1.72% | 1.68% | 1.63% | 1.82% | 1.87% | 1.79% | +11 bps | |
| Allowance Coverage of NPLs | 0.7x | 0.6x | 0.8x | 0.8x | 0.8x | 1.0x | 1.2x | 2.0x | +1.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.66% | 11.19% | 11.65% | 12.32% | 12.81% | 12.77% | 13.25% | 13.00% | +68 bps | |
| Total Risk-Based Capital | 14.50% | 15.03% | 15.94% | 16.58% | 17.19% | 17.37% | 18.10% | 17.23% | +65 bps | |
| Equity / Assets | 10.72% | 10.79% | 11.67% | 12.22% | 12.84% | 12.74% | 12.94% | 12.46% | +23 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.74% | 86.87% | 84.77% | 85.14% | 84.93% | 84.94% | 83.24% | 88.20% | +306 bps | |
| Liquid Assets / Assets | 3.58% | 5.62% | 4.03% | 4.62% | 3.82% | 4.31% | 5.13% | 4.07% | -55 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 344% | 341% | 331% | n/a | n/a | |