Mason, MI · Cert 5033 · Dart Financial Corp.
State charter, non-member · FDIC · 4 branches
Q2 2026
Market Position · Lansing-East Lansing, MI · 2026 SOD (annual) · 10.3% share · #4 of 18 inst. · $1.3B of $12.3B
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 | 0.50% | 0.72% | 0.77% | 0.95% | 0.98% | 0.96% | 1.05% | 0.91% | -5 bps | |
| Return on Equity | 6.42% | 9.09% | 9.74% | 11.99% | 12.03% | 11.80% | 12.63% | 10.93% | -105 bps | |
| Net Interest Margin | 3.33% | 3.44% | 3.58% | 3.90% | 4.30% | 4.19% | 4.08% | 4.04% | +14 bps | |
| Efficiency Ratio | 88.51% | 84.48% | 83.40% | 81.96% | 82.85% | 86.72% | 82.39% | 84.97% | +301 bps | |
| Non-Interest Burden | 2.69% | 2.53% | 2.58% | 2.65% | 3.07% | 3.20% | 2.69% | 2.82% | +17 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 16.74% | 13.15% | 12.08% | 5.09% | 6.11% | 8.83% | 2.49% | 7.56% | +247 bps | |
| Loan Growth (YoY) | 16.34% | 12.77% | 10.73% | 8.01% | 5.62% | 6.49% | 0.68% | -0.55% | -855 bps | |
| Deposit Growth (YoY) | 20.55% | 14.58% | 9.41% | 3.97% | 2.73% | 6.33% | -7.96% | 10.18% | +621 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.75% | 0.75% | 0.79% | 1.22% | 1.21% | 1.06% | 1.56% | 1.75% | +53 bps | |
| Net Charge-Offs / Loans | 0.06% | -0.01% | 0.00% | 0.11% | 0.00% | 0.62% | 0.18% | -0.05% | -16 bps | |
| Allowance / Loans | 1.25% | 1.23% | 1.21% | 1.14% | 1.15% | 0.97% | 0.97% | 0.95% | -18 bps | |
| Allowance Coverage of NPLs | 1.7x | 1.6x | 1.5x | 0.9x | 1.0x | 0.9x | 0.6x | 0.5x | -0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.40% | 8.30% | 8.27% | 8.32% | 8.36% | 8.60% | 8.75% | 8.65% | +32 bps | |
| Total Risk-Based Capital | 11.94% | 11.89% | 11.78% | 11.65% | 12.26% | 12.13% | 12.45% | 12.40% | +75 bps | |
| Equity / Assets | 7.96% | 7.88% | 7.94% | 7.95% | 8.29% | 8.06% | 8.51% | 8.07% | +12 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.33% | 96.04% | 98.36% | 101.78% | 99.05% | 96.19% | 107.60% | 91.88% | -991 bps | |
| Liquid Assets / Assets | 3.60% | 3.60% | 4.45% | 3.05% | 4.63% | 6.82% | 5.77% | 9.10% | +605 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 376% | 377% | 361% | n/a | n/a | |