Waverly, IA · Cert 4519 · First of Waverly Corp.
State charter, Fed member · FED · 8 branches
Q2 2026
Market Position · Waterloo-Cedar Falls, IA · 2026 SOD (annual) · 10.8% share · #3 of 23 inst. · $0.5B of $4.7B
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 | 0.99% | 1.10% | 1.01% | 1.35% | 1.31% | 1.29% | 1.46% | 1.61% | +26 bps | |
| Return on Equity | 9.09% | 9.92% | 9.13% | 11.65% | 10.93% | 10.47% | 11.64% | 12.57% | +92 bps | |
| Net Interest Margin | 2.78% | 2.95% | 3.10% | 3.22% | 3.42% | 3.51% | 3.56% | 3.65% | +43 bps | |
| Efficiency Ratio | 57.16% | 53.15% | 52.69% | 49.03% | 51.65% | 53.77% | 48.66% | 47.34% | -169 bps | |
| Non-Interest Burden | 1.43% | 1.43% | 1.48% | 1.39% | 1.57% | 1.71% | 1.53% | 1.49% | +10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.49% | 3.42% | 4.83% | 1.56% | 0.47% | -0.73% | 0.01% | 1.80% | +25 bps | |
| Loan Growth (YoY) | 8.48% | 9.94% | 8.08% | 6.86% | 7.29% | 5.10% | 5.87% | 7.07% | +20 bps | |
| Deposit Growth (YoY) | 3.42% | 3.41% | 7.27% | 1.57% | -4.48% | -2.48% | -0.85% | 3.07% | +150 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.08% | 0.11% | 0.14% | 0.59% | 0.73% | 0.59% | 0.54% | 0.54% | -5 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.02% | 0.00% | 0.00% | 0.04% | 0.01% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.12% | 1.13% | 1.12% | 1.15% | 1.15% | 1.20% | 1.19% | 1.22% | +7 bps | |
| Allowance Coverage of NPLs | 14.8x | 10.7x | 7.8x | 2.0x | 1.6x | 2.0x | 2.2x | 2.3x | +0.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.20% | 11.19% | 11.43% | 11.73% | 11.99% | 12.15% | 12.48% | 12.72% | +99 bps | |
| Total Risk-Based Capital | 17.68% | 17.64% | 17.56% | 18.07% | 17.92% | 18.29% | 18.19% | 18.63% | +56 bps | |
| Equity / Assets | 11.15% | 10.96% | 11.21% | 11.89% | 12.17% | 12.52% | 12.51% | 13.05% | +116 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 83.17% | 83.79% | 84.27% | 87.75% | 93.42% | 90.30% | 89.99% | 91.15% | +340 bps | |
| Liquid Assets / Assets | 1.39% | 1.62% | 2.67% | 0.62% | 0.69% | 0.41% | 1.60% | 0.66% | +4 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 156.49% | 153.00% | 147.79% | n/a | n/a | |