Victor, MT · Cert 342 · Farmers State Financial Corp.
State charter, Fed member · FED · 10 branches
Q2 2026
Market Position · Missoula, MT · 2026 SOD (annual) · 1.8% share · #8 of 11 inst. · $0.1B of $4.0B
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 | 0.29% | 0.42% | 0.70% | 0.72% | 0.76% | 0.76% | 0.84% | 0.77% | +5 bps | |
| Return on Equity | 5.33% | 7.83% | 11.97% | 11.95% | 12.05% | 11.85% | 12.21% | 11.16% | -79 bps | |
| Net Interest Margin | 2.92% | 2.95% | 3.34% | 3.46% | 3.52% | 3.51% | 3.71% | 3.75% | +29 bps | |
| Efficiency Ratio | 90.09% | 85.48% | 77.51% | 76.60% | 75.81% | 75.70% | 73.10% | 72.94% | -366 bps | |
| Non-Interest Burden | 2.59% | 2.46% | 2.49% | 2.55% | 2.56% | 2.55% | 2.61% | 2.60% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.37% | 1.03% | -2.20% | -0.53% | -0.11% | 6.60% | 9.47% | 10.17% | +1,070 bps | |
| Loan Growth (YoY) | 2.77% | 1.03% | 1.09% | 0.74% | 2.68% | 5.94% | 7.91% | 10.93% | +1,019 bps | |
| Deposit Growth (YoY) | 1.19% | 3.90% | 4.97% | 4.54% | 5.14% | 4.80% | 6.23% | 4.80% | +26 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.43% | 0.77% | 0.58% | 0.57% | 0.35% | 0.53% | 0.52% | 0.68% | +11 bps | |
| Net Charge-Offs / Loans | -0.01% | -0.03% | -0.02% | 0.01% | 0.02% | 0.03% | 0.05% | 0.04% | +4 bps | |
| Allowance / Loans | 1.36% | 1.39% | 1.38% | 1.38% | 1.36% | 1.34% | 1.33% | 1.33% | -5 bps | |
| Allowance Coverage of NPLs | 3.2x | 1.8x | 2.4x | 2.4x | 3.9x | 2.5x | 2.5x | 1.9x | -0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.44% | 8.56% | 8.91% | 9.14% | 9.23% | 9.18% | 9.00% | 8.84% | -29 bps | |
| Total Risk-Based Capital | 13.81% | 14.11% | 14.23% | 14.25% | 14.17% | 14.02% | 13.97% | 13.40% | -85 bps | |
| Equity / Assets | 5.99% | 5.42% | 6.21% | 6.37% | 7.06% | 6.97% | 6.83% | 6.80% | +43 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.14% | 74.41% | 75.00% | 74.75% | 74.35% | 75.23% | 76.19% | 79.12% | +437 bps | |
| Liquid Assets / Assets | 4.21% | 3.10% | 1.45% | 1.78% | 0.99% | 0.81% | 1.14% | 1.18% | -60 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 373% | 378% | 382% | n/a | n/a | |