Carver, MN · Cert 31028 · Redwood Financial Inc.
State charter, non-member · FDIC · 11 branches
Q2 2026
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.2% share · #40 of 125 inst. · $0.4B of $253.2B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.01% | 0.84% | 0.70% | 0.73% | 0.97% | -4 bps | |
| Return on Equity | 13.90% | 11.40% | 9.33% | 9.53% | 12.59% | -131 bps | |
| Net Interest Margin | 3.41% | 3.59% | 3.64% | 3.87% | 3.96% | +55 bps | |
| Efficiency Ratio | 68.79% | 68.97% | 71.95% | 71.62% | 68.86% | +7 bps | |
| Non-Interest Burden | 2.14% | 2.29% | 2.49% | 2.62% | 2.49% | +36 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 6.33% | 7.76% | 10.58% | 10.85% | 10.17% | +384 bps | |
| Loan Growth (YoY) | 10.46% | 10.84% | 16.11% | 26.59% | 23.34% | +1,287 bps | |
| Deposit Growth (YoY) | 7.23% | 10.23% | 8.04% | 9.21% | 9.48% | +225 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.32% | 0.30% | 0.59% | 0.44% | 0.37% | +5 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.01% | -0.01% | -1 bps | |
| Allowance / Loans | 1.38% | 1.38% | 1.37% | 1.26% | 1.25% | -13 bps | |
| Allowance Coverage of NPLs | 4.3x | 4.6x | 2.3x | 2.9x | 3.4x | -0.9x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.22% | 8.21% | 8.18% | 8.13% | 8.28% | +5 bps | |
| Total Risk-Based Capital | 12.93% | 12.89% | 12.74% | 12.07% | 11.99% | -95 bps | |
| Equity / Assets | 7.31% | 7.45% | 7.63% | 7.65% | 7.77% | +46 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 74.12% | 73.87% | 77.07% | 82.51% | 83.49% | +938 bps | |
| Liquid Assets / Assets | 1.77% | 2.85% | 1.72% | 1.53% | 1.54% | -23 bps | |
| CRE / Total Capital | n/a | 224% | 234% | 259% | n/a | n/a | |