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Del Norte Bank, A Savings and Loan Association

Del Norte, CO · Cert 29066 · Del Norte M H C

SL · FDIC · 2 branches

Q2 2026

$155.3MAssets
$126.2MLoans
$127.2MDeposits
$15.3MEquity
Loan mix
97%RE $110.2M2%C&I $2.7M1%Consumer $1.2MQ2 2025Q2 2026
Deposit mix
81%Interest-bearing $102.4M19%Noninterest $24.7MQ2 2025Q2 2026

NIM

5.98%Q2 ’246.04%Q2 ’256.24%Q2 ’26+6%+3%

Non-interest income vs. expense

3.18%Q2 ’243.18%Q2 ’253.29%Q2 ’26+6%-4%

Executive Summary

  • Earnings: ROA of 1.33%, up 29 bps year over year; NIM at 4.46%.
  • Asset quality: problem loans at 0.04% of loans (-48 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.69%, up 22 bps from a year ago.
  • Funding: loans stand at 99.21% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.33%+29 bps YoY

Net Interest Margin (quarter, annualized)

4.46%+13 bps YoY

Efficiency Ratio (quarter, annualized)

66.34%-282 bps YoY

Tier 1 Leverage Ratio

10.69%+22 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.04%0.97%0.94%1.12%1.33%+29 bps
Return on Equity11.23%10.43%9.88%11.60%13.54%+231 bps
Net Interest Margin4.33%4.30%4.29%4.34%4.46%+13 bps
Efficiency Ratio69.16%71.06%73.19%69.37%66.34%-282 bps
Non-Interest Burden2.91%2.94%3.08%2.85%2.79%-12 bps
Growth
Asset Growth (YoY)5.50%0.59%7.07%7.92%4.99%-51 bps
Loan Growth (YoY)4.35%4.97%8.67%8.78%4.89%+54 bps
Deposit Growth (YoY)5.47%-2.55%0.79%4.26%3.35%-212 bps
Asset Quality
Nonperforming Loans / Loans0.52%0.78%0.45%1.34%0.04%-48 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.11%1.13%1.10%1.10%1.10%0 bps
Allowance Coverage of NPLs2.1x1.4x2.4x0.8x26.8x+24.7x
Capital
Tier 1 Leverage Ratio10.47%10.31%10.17%10.48%10.69%+22 bps
Total Risk-Based Capital10.47%10.31%10.17%10.48%10.69%+22 bps
Equity / Assets9.20%9.48%9.62%9.72%9.88%+68 bps
Liquidity & Funding
Loans / Deposits97.76%98.13%102.29%101.78%99.21%+146 bps
Liquid Assets / Assets2.47%2.31%1.78%2.10%2.06%-41 bps
CRE / Total Capitaln/a273%292%288%n/an/a