PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Bank

Green River, WY · Cert 34441 · Sbwy Financial Corp.

State charter, non-member · FDIC · 3 branches

Q2 2026

$115.4MAssets
$92.5MLoans
$104.0MDeposits
$10.9MEquity
Loan mix
79%RE $72.9M20%C&I $18.1M2%Consumer $1.4MQ3 2024Q2 2026
Deposit mix
81%Interest-bearing $83.9M19%Noninterest $20.1MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.21%, up 28 bps year over year; NIM at 4.13%.
  • Asset quality: problem loans at 0.34% of loans (+34 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.54%, down 74 bps from a year ago.
  • Funding: loans stand at 88.98% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

1.21%+28 bps YoY

Net Interest Margin (quarter, annualized)

4.13%+1 bps YoY

Efficiency Ratio (quarter, annualized)

64.55%-665 bps YoY

Tier 1 Leverage Ratio

9.54%-74 bps YoY

NIM

5.77%Q2 ’246.30%Q2 ’256.38%Q2 ’26+8%+0%

Non-interest income vs. expense

3.40%Q2 ’243.40%Q2 ’253.11%Q2 ’26-15%-12%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.14%0.34%0.61%0.93%1.53%0.49%0.96%1.21%+28 bps
Return on Equity1.13%2.94%5.52%9.07%15.75%5.09%10.10%12.88%+381 bps
Net Interest Margin3.90%3.85%4.06%4.12%4.44%4.36%4.12%4.13%+1 bps
Efficiency Ratio81.15%76.89%78.08%71.20%56.88%77.22%66.49%64.55%-665 bps
Non-Interest Burden3.14%2.91%3.12%2.74%2.31%3.20%2.53%2.42%-32 bps
Growth
Asset Growth (YoY)44.97%34.66%36.15%37.39%36.14%28.97%28.02%18.27%-1,912 bps
Loan Growth (YoY)59.43%40.62%41.60%33.72%37.28%30.09%24.52%19.69%-1,403 bps
Deposit Growth (YoY)51.04%39.39%40.55%41.28%39.97%32.19%30.88%19.98%-2,130 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.34%0.34%+34 bps
Net Charge-Offs / Loans0.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.17%1.22%1.18%1.21%1.16%1.21%1.28%1.35%+14 bps
Allowance Coverage of NPLsn/an/an/an/an/an/a3.8x4.0xn/a
Capital
Tier 1 Leverage Ratio12.18%11.45%10.97%10.28%9.87%9.70%9.60%9.54%-74 bps
Total Risk-Based Capital12.18%11.45%10.97%10.28%9.87%9.70%9.60%9.54%-74 bps
Equity / Assets11.97%11.41%10.74%9.87%9.56%9.76%9.37%9.41%-46 bps
Liquidity & Funding
Loans / Deposits92.70%96.27%96.24%89.20%90.92%94.74%91.57%88.98%-22 bps
Liquid Assets / Assets8.91%8.18%8.93%9.33%9.94%9.87%10.08%10.24%+91 bps
CRE / Total Capitaln/an/an/an/a517%538%491%n/an/a