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Bankstar Financial

Elkton, SD · Cert 496 · Elkton Holding Co.

State charter, non-member · FDIC · 3 branches

Q2 2026

$363.5MAssets
$284.7MLoans
$302.1MDeposits
$34.8MEquity
Loan mix
79%RE $193.3M20%C&I $47.7M1%Consumer $2.9MQ2 2025Q2 2026
Deposit mix
83%Interest-bearing $250.7M17%Noninterest $51.5MQ2 2025Q2 2026

NIM

5.56%Q2 ’245.81%Q2 ’255.84%Q2 ’26+10%+11%

Non-interest income vs. expense

2.49%Q2 ’242.14%Q2 ’252.15%Q2 ’26-14%+2%

Executive Summary

  • Earnings: ROA of 1.26%, up 24 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.14% of loans (-8 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.42%, up 35 bps from a year ago.
  • Funding: loans stand at 94.23% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.26%+24 bps YoY

Net Interest Margin (YTD, annualized)

3.67%+37 bps YoY

Efficiency Ratio (YTD, annualized)

55.36%-503 bps YoY

Tier 1 Leverage Ratio

9.42%+35 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.02%1.06%1.13%1.03%1.26%+24 bps
Return on Equity11.64%11.90%12.52%10.94%13.30%+166 bps
Net Interest Margin3.30%3.31%3.34%3.55%3.67%+37 bps
Efficiency Ratio60.40%59.42%58.45%60.86%55.36%-503 bps
Non-Interest Burden1.88%1.85%1.84%2.06%1.92%+4 bps
Growth
Asset Growth (YoY)5.58%3.00%6.66%7.22%10.79%+520 bps
Loan Growth (YoY)4.05%4.41%6.27%7.84%11.64%+759 bps
Deposit Growth (YoY)9.30%5.66%11.03%11.83%12.93%+363 bps
Asset Quality
Nonperforming Loans / Loans0.21%0.34%0.10%0.03%0.14%-8 bps
Net Charge-Offs / Loans0.00%0.09%0.07%0.00%0.00%0 bps
Allowance / Loans1.06%0.99%0.99%1.02%1.06%0 bps
Allowance Coverage of NPLs4.9x2.9x10.0x33.2x7.8x+2.8x
Capital
Tier 1 Leverage Ratio9.07%9.28%9.28%9.32%9.42%+35 bps
Total Risk-Based Capital12.82%12.72%12.76%12.77%13.08%+26 bps
Equity / Assets9.20%9.35%9.42%9.34%9.58%+38 bps
Liquidity & Funding
Loans / Deposits95.32%94.54%93.05%92.35%94.23%-109 bps
Liquid Assets / Assets5.19%5.70%7.15%6.80%6.64%+145 bps
CRE / Total Capitaln/a337%343%338%n/an/a