Philip, SD · Cert 3999 · Philip Bcorp Inc.
National charter · OCC · 2 branches
Q2 2026
Market Position · Rapid City, SD · 2026 SOD (annual) · 2.0% share · #10 of 11 inst. · $0.1B of $3.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.25% | 1.66% | 1.39% | 1.58% | 1.60% | 1.61% | 1.88% | 1.68% | +11 bps | |
| Return on Equity | 10.84% | 15.12% | 13.25% | 14.19% | 13.59% | 14.71% | 17.82% | 15.17% | +98 bps | |
| Net Interest Margin | 3.24% | 2.97% | 2.95% | 3.27% | 3.39% | 3.31% | 3.34% | 3.38% | +10 bps | |
| Efficiency Ratio | 55.86% | 36.12% | 45.20% | 42.83% | 44.58% | 44.48% | 31.87% | 38.16% | -467 bps | |
| Non-Interest Burden | 1.68% | 0.96% | 1.18% | 1.26% | 1.37% | 1.37% | 0.90% | 1.15% | -10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.47% | 8.24% | 16.78% | 12.55% | 8.04% | 18.47% | 10.13% | 13.19% | +64 bps | |
| Loan Growth (YoY) | 8.41% | 1.06% | 3.22% | 3.23% | 5.21% | 12.53% | 14.69% | 8.25% | +501 bps | |
| Deposit Growth (YoY) | 5.00% | 8.32% | 17.50% | 12.09% | 7.71% | 18.52% | 9.76% | 13.51% | +143 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | -0.09% | -0.05% | 0.00% | 0.00% | -0.01% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.47% | 1.57% | 1.57% | 1.44% | 1.41% | 1.40% | 1.37% | 1.37% | -8 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 3850.0x | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.01% | 12.11% | 11.99% | 12.23% | 12.77% | 11.33% | 11.67% | 12.05% | -18 bps | |
| Total Risk-Based Capital | 16.76% | 18.09% | 17.94% | 16.59% | 16.40% | 16.85% | 16.77% | 16.46% | -13 bps | |
| Equity / Assets | 11.77% | 10.27% | 10.72% | 11.53% | 11.97% | 10.16% | 10.94% | 11.25% | -28 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.27% | 63.55% | 64.00% | 73.59% | 76.45% | 60.33% | 66.87% | 70.18% | -342 bps | |
| Liquid Assets / Assets | 2.55% | 18.88% | 15.48% | 5.23% | 1.24% | 20.62% | 13.36% | 7.88% | +265 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 86.77% | 84.06% | 83.96% | n/a | n/a | |