Northfield, MN · Cert 5219 · Midcountry Acquisition Corp.
State charter, Fed member · FED · 3 affiliate banks · 4 branches (26 in holding)
Q2 2026
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.0% share · #100 of 125 inst. · $0.1B 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 | 0.83% | 0.77% | 0.73% | 1.47% | 0.85% | 1.25% | 1.64% | 1.15% | -32 bps | |
| Return on Equity | 7.99% | 7.51% | 7.25% | 13.80% | 7.64% | 10.97% | 14.54% | 10.20% | -360 bps | |
| Net Interest Margin | 3.29% | 3.44% | 3.46% | 4.48% | 3.61% | 3.94% | 3.81% | 4.09% | -39 bps | |
| Efficiency Ratio | 70.21% | 73.70% | 72.95% | 64.36% | 64.64% | 62.56% | 50.92% | 58.00% | -637 bps | |
| Non-Interest Burden | 2.14% | 2.36% | 2.36% | 2.67% | 2.12% | 2.21% | 1.51% | 2.19% | -47 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.39% | -3.51% | -3.26% | 42.28% | 42.24% | 43.72% | 51.17% | 3.03% | -3,925 bps | |
| Loan Growth (YoY) | 4.40% | 2.33% | 3.43% | 27.27% | 25.90% | 27.54% | 25.40% | 4.34% | -2,294 bps | |
| Deposit Growth (YoY) | -5.39% | -7.81% | -4.23% | 41.42% | 44.75% | 48.29% | 57.05% | 4.38% | -3,704 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.41% | 0.59% | 1.30% | 1.04% | 1.53% | 1.37% | 1.37% | 1.09% | +5 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.07% | 0.31% | 0.00% | 0.01% | 0.00% | -0.02% | 0.78% | +77 bps | |
| Allowance / Loans | 1.43% | 1.40% | 1.32% | 1.36% | 1.45% | 1.43% | 1.45% | 1.32% | -4 bps | |
| Allowance Coverage of NPLs | 3.5x | 2.4x | 1.0x | 1.3x | 0.9x | 1.0x | 1.1x | 1.2x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.12% | 9.74% | 9.83% | 10.22% | 10.47% | 10.74% | 10.39% | 10.52% | +30 bps | |
| Total Risk-Based Capital | 13.55% | 12.98% | 12.89% | 14.92% | 15.46% | 15.26% | 15.35% | 15.22% | +30 bps | |
| Equity / Assets | 10.61% | 10.02% | 10.23% | 10.91% | 11.29% | 11.58% | 11.02% | 11.45% | +54 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.98% | 105.52% | 104.07% | 88.14% | 87.83% | 90.75% | 83.09% | 88.11% | -4 bps | |
| Liquid Assets / Assets | 1.09% | 1.49% | 0.87% | 1.17% | 1.48% | 0.77% | 5.11% | 2.05% | +88 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 365% | 370% | 369% | n/a | n/a | |