PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Hometown Bank

Carver, MN · Cert 31028 · Redwood Financial Inc.

State charter, non-member · FDIC · 11 branches

Q2 2026

$691.9MAssets
$515.6MLoans
$617.5MDeposits
$53.8MEquity
Loan mix
73%RE $335.0M25%C&I $115.1M3%Consumer $11.9MQ3 2024Q2 2026
Deposit mix
79%Interest-bearing $485.9M21%Noninterest $131.6MQ3 2024Q2 2026

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.2% share · #40 of 125 inst. · $0.4B of $253.2B

6.1% Carver
5.8% Scott
10.0% Le Sueur
16.5% Renville

Executive Summary

  • Earnings: ROA of 0.85%, up 1 bps year over year; NIM at 3.89%.
  • Asset quality: problem loans at 0.37% of loans (+5 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 8.28%, up 5 bps from a year ago.
  • Funding: loans stand at 83.49% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.85%+1 bps YoY

Net Interest Margin (YTD, annualized)

3.89%+57 bps YoY

Efficiency Ratio (YTD, annualized)

70.18%-157 bps YoY

Tier 1 Leverage Ratio

8.28%+5 bps YoY

NIM

4.27%Q2 ’244.55%Q2 ’255.11%Q2 ’26+16%+17%

Non-interest income vs. expense

2.70%Q2 ’242.73%Q2 ’253.12%Q2 ’26+26%+14%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.67%0.59%0.66%0.84%0.84%0.80%0.73%0.85%+1 bps
Return on Equity10.05%8.75%9.35%11.71%11.60%10.99%9.53%11.05%-66 bps
Net Interest Margin2.92%2.97%3.31%3.32%3.35%3.36%3.87%3.89%+57 bps
Efficiency Ratio73.35%76.33%75.08%71.75%70.76%71.07%71.62%70.18%-157 bps
Non-Interest Burden1.91%2.10%2.38%2.23%2.21%2.24%2.62%2.54%+32 bps
Growth
Asset Growth (YoY)5.49%3.77%3.87%6.33%7.76%10.58%10.85%10.17%+384 bps
Loan Growth (YoY)10.58%9.20%6.32%10.46%10.84%16.11%26.59%23.34%+1,287 bps
Deposit Growth (YoY)3.62%6.30%8.20%7.23%10.23%8.04%9.21%9.48%+225 bps
Asset Quality
Nonperforming Loans / Loans0.13%0.16%0.79%0.32%0.30%0.59%0.44%0.37%+5 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0 bps
Allowance / Loans1.39%1.40%1.39%1.38%1.38%1.37%1.26%1.25%-13 bps
Allowance Coverage of NPLs10.5x8.7x1.8x4.3x4.6x2.3x2.9x3.4x-0.9x
Capital
Tier 1 Leverage Ratio8.17%8.16%8.38%8.22%8.21%8.18%8.13%8.28%+5 bps
Total Risk-Based Capital13.28%13.37%13.53%12.93%12.89%12.74%12.07%11.99%-95 bps
Equity / Assets7.20%6.86%7.26%7.31%7.45%7.63%7.65%7.77%+46 bps
Liquidity & Funding
Loans / Deposits73.47%71.71%71.18%74.12%73.87%77.07%82.51%83.49%+938 bps
Liquid Assets / Assets2.04%1.98%1.59%1.77%2.85%1.72%1.53%1.54%-23 bps
CRE / Total Capitaln/an/an/an/a224%234%259%n/an/a