Eveleth, MN · Cert 5141
National charter · OCC · 1 branch
Q2 2026
Market Position · Duluth, MN-WI · 2026 SOD (annual) · 1.3% share · #13 of 26 inst. · $0.1B of $6.6B
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 | 1.01% | 0.40% | 0.70% | 0.75% | 0.98% | 0.16% | 1.06% | 1.01% | +25 bps | |
| Return on Equity | 11.17% | 4.54% | 7.57% | 7.76% | 9.99% | 1.72% | 11.36% | 10.43% | +267 bps | |
| Net Interest Margin | 4.20% | 3.93% | 3.94% | 3.72% | 4.10% | 4.23% | 3.85% | 4.16% | +43 bps | |
| Efficiency Ratio | 67.64% | 88.61% | 76.56% | 72.29% | 69.85% | 94.43% | 63.61% | 67.51% | -478 bps | |
| Non-Interest Burden | 2.81% | 3.47% | 2.98% | 2.66% | 2.82% | 4.00% | 2.39% | 2.77% | +11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.60% | 3.25% | 0.95% | 2.97% | -1.29% | 5.43% | 8.76% | 8.41% | +545 bps | |
| Loan Growth (YoY) | 1.62% | 0.19% | 1.92% | -0.84% | -0.42% | 0.89% | 1.07% | 0.36% | +120 bps | |
| Deposit Growth (YoY) | 3.44% | 0.35% | -2.15% | 2.82% | -2.24% | 5.28% | 9.05% | 8.71% | +589 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.05% | 0.05% | 0.00% | 0.31% | 0.00% | -5 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.06% | 1.07% | 1.08% | 1.10% | 1.09% | 1.08% | 1.07% | 1.10% | 0 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 23.8x | 23.8x | n/a | 3.4x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.58% | 9.15% | 9.52% | 9.81% | 9.71% | 9.49% | 9.43% | 10.07% | +26 bps | |
| Total Risk-Based Capital | 19.51% | 20.27% | 20.51% | 21.00% | 21.09% | 21.19% | 21.18% | 22.16% | +116 bps | |
| Equity / Assets | 8.90% | 8.90% | 9.53% | 9.90% | 9.77% | 9.14% | 9.46% | 9.84% | -5 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.82% | 78.87% | 83.79% | 83.68% | 81.32% | 75.58% | 77.66% | 77.25% | -643 bps | |
| Liquid Assets / Assets | 11.89% | 13.73% | 9.59% | 9.72% | 11.19% | 16.22% | 11.37% | 12.80% | +308 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 78.74% | 68.16% | 75.45% | n/a | n/a | |