West Des Moines, IA · Cert 4432 · Hy-Vee Inc.
State savings bank · OCC · 13 branches
Q2 2026
Market Position · Des Moines-West Des Moines, IA · 2026 SOD (annual) · 0.7% share · #23 of 57 inst. · $0.3B of $38.0B
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 | 1.50% | 1.67% | 2.76% | 2.30% | 2.02% | 1.90% | 0.93% | 1.75% | -56 bps | |
| Return on Equity | 12.94% | 14.38% | 22.93% | 18.63% | 15.85% | 14.69% | 6.66% | 13.26% | -537 bps | |
| Net Interest Margin | 3.17% | 3.04% | 3.22% | 3.40% | 3.45% | 3.48% | 3.68% | 3.50% | +10 bps | |
| Efficiency Ratio | 72.25% | 69.90% | 56.54% | 61.24% | 64.51% | 66.13% | 81.74% | 65.77% | +452 bps | |
| Non-Interest Burden | 1.15% | 0.86% | -0.50% | 0.25% | 0.69% | 0.89% | 2.47% | 1.32% | +108 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.84% | 14.35% | 2.51% | 5.77% | 2.35% | -1.99% | 0.09% | 56.32% | +5,054 bps | |
| Loan Growth (YoY) | 8.43% | 7.67% | 3.63% | 3.34% | 5.75% | 4.38% | 4.87% | 41.99% | +3,865 bps | |
| Deposit Growth (YoY) | 9.77% | 11.41% | 0.60% | -1.25% | -2.40% | 0.55% | 4.79% | 79.27% | +8,052 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.07% | 0.09% | 0.29% | 0.11% | 1.26% | 1.58% | 1.64% | 1.78% | +167 bps | |
| Net Charge-Offs / Loans | 0.04% | 0.04% | 0.03% | 0.04% | 0.04% | 0.03% | 0.02% | 0.01% | -2 bps | |
| Allowance / Loans | 0.98% | 0.96% | 1.04% | 1.04% | 1.00% | 0.98% | 1.01% | 1.51% | +47 bps | |
| Allowance Coverage of NPLs | 14.7x | 11.1x | 3.5x | 9.9x | 0.8x | 0.6x | 0.6x | 0.8x | -9.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.30% | 12.33% | 12.53% | 13.27% | 13.64% | 14.08% | 14.10% | 12.82% | -45 bps | |
| Total Risk-Based Capital | 15.57% | 15.69% | 17.09% | 17.99% | 17.45% | 17.50% | 18.48% | 15.81% | -218 bps | |
| Equity / Assets | 11.97% | 11.50% | 12.57% | 13.05% | 13.84% | 13.91% | 14.13% | 12.10% | -95 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.56% | 106.47% | 96.11% | 102.99% | 113.29% | 110.52% | 96.19% | 81.57% | -2,142 bps | |
| Liquid Assets / Assets | 1.76% | 1.92% | 2.42% | 3.80% | 2.25% | 1.55% | 4.47% | 7.31% | +351 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 126.28% | 125.59% | 115.68% | n/a | n/a | |