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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 $1.2MQ3 2024Q2 2026
Deposit mix
81%Interest-bearing $102.4M19%Noninterest $24.7MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.22%, up 21 bps year over year; NIM at 4.38%.
  • 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.

Return on Assets (YTD, annualized)

1.22%+21 bps YoY

Net Interest Margin (YTD, annualized)

4.38%+16 bps YoY

Efficiency Ratio (YTD, annualized)

67.83%-192 bps YoY

Tier 1 Leverage Ratio

10.69%+22 bps YoY

NIM

5.86%Q2 ’245.90%Q2 ’256.12%Q2 ’26+6%+4%

Non-interest income vs. expense

3.23%Q2 ’243.14%Q2 ’253.31%Q2 ’26+1%-2%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.80%0.92%1.00%1.02%1.00%0.99%1.12%1.22%+21 bps
Return on Equity9.33%10.70%10.89%11.07%10.85%10.60%11.60%12.57%+149 bps
Net Interest Margin3.95%3.98%4.19%4.22%4.15%4.08%4.34%4.38%+16 bps
Efficiency Ratio74.04%70.91%70.37%69.75%70.21%70.98%69.37%67.83%-192 bps
Non-Interest Burden2.84%2.73%2.87%2.86%2.82%2.82%2.85%2.81%-5 bps
Growth
Asset Growth (YoY)4.10%2.67%0.44%5.50%0.59%7.07%7.92%4.99%-51 bps
Loan Growth (YoY)-0.60%-0.30%2.22%4.35%4.97%8.67%8.78%4.89%+54 bps
Deposit Growth (YoY)0.23%4.39%-1.09%5.47%-2.55%0.79%4.26%3.35%-212 bps
Asset Quality
Nonperforming Loans / Loans0.49%0.36%0.10%0.52%0.78%0.45%1.34%0.04%-48 bps
Net Charge-Offs / Loans0.00%0.03%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.15%1.14%1.15%1.11%1.13%1.10%1.10%1.10%0 bps
Allowance Coverage of NPLs2.3x3.2x11.3x2.1x1.4x2.4x0.8x26.8x+24.7x
Capital
Tier 1 Leverage Ratio10.30%9.96%10.40%10.47%10.31%10.17%10.48%10.69%+22 bps
Total Risk-Based Capital10.30%9.96%10.40%10.47%10.31%10.17%10.48%10.69%+22 bps
Equity / Assets9.02%9.00%9.34%9.20%9.48%9.62%9.72%9.88%+68 bps
Liquidity & Funding
Loans / Deposits91.10%94.87%97.55%97.76%98.13%102.29%101.78%99.21%+146 bps
Liquid Assets / Assets3.77%3.28%2.93%2.47%2.31%1.78%2.10%2.06%-41 bps
CRE / Total Capitaln/an/an/an/a273%292%288%n/an/a