Elk River, MN · Cert 5136 · First Natl Finl Services Inc.
State charter, non-member · FDIC · 4 branches
Q2 2026
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.1% share · #55 of 125 inst. · $0.3B of $253.2B
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 | 0.51% | 0.59% | 0.42% | 0.59% | 0.70% | 3.51% | 0.46% | 0.67% | +8 bps | |
| Return on Equity | 7.48% | 8.41% | 6.17% | 8.46% | 9.38% | 43.42% | 5.49% | 7.93% | -53 bps | |
| Net Interest Margin | 2.68% | 2.65% | 2.71% | 2.86% | 3.04% | 2.94% | 3.05% | 3.23% | +38 bps | |
| Efficiency Ratio | 76.25% | 73.21% | 81.38% | 75.40% | 72.96% | 42.31% | 82.06% | 75.12% | -27 bps | |
| Non-Interest Burden | 1.94% | 1.82% | 2.13% | 2.04% | 2.11% | -1.90% | 2.44% | 2.32% | +28 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.36% | 0.08% | 3.04% | 0.20% | -2.17% | 1.94% | -0.13% | 1.97% | +177 bps | |
| Loan Growth (YoY) | 4.86% | 2.38% | 4.91% | 1.47% | 1.61% | 1.97% | 1.42% | 3.27% | +181 bps | |
| Deposit Growth (YoY) | 0.60% | 9.95% | 3.07% | -2.39% | -0.53% | -6.95% | -5.12% | -1.04% | +135 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.05% | 0.05% | 0.04% | 0.20% | 0.20% | 0.18% | 0.54% | 0.53% | +33 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.04% | -0.05% | 0.00% | 0.04% | 0.00% | 0.00% | +5 bps | |
| Allowance / Loans | 0.98% | 0.98% | 0.97% | 0.97% | 0.98% | 0.95% | 0.95% | 0.95% | -2 bps | |
| Allowance Coverage of NPLs | 20.2x | 21.4x | 26.6x | 4.9x | 4.8x | 5.4x | 1.8x | 1.8x | -3.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.38% | 9.60% | 9.49% | 9.53% | 9.90% | 10.68% | 10.46% | 10.68% | +115 bps | |
| Total Risk-Based Capital | 9.38% | 9.60% | 9.49% | 9.53% | 9.90% | 10.68% | 10.46% | 10.68% | +115 bps | |
| Equity / Assets | 7.22% | 6.72% | 6.89% | 7.12% | 7.72% | 8.42% | 8.52% | 8.44% | +133 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.72% | 90.31% | 92.38% | 97.55% | 93.69% | 98.97% | 98.75% | 101.80% | +425 bps | |
| Liquid Assets / Assets | 0.16% | 0.11% | 0.21% | 0.16% | 0.09% | 0.07% | 0.07% | 0.34% | +18 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 529% | 498% | 497% | n/a | n/a | |