PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Osakis, The

Osakis, MN · Cert 5221 · Financial Services Lowry Inc.

National charter · OCC · 1 affiliate bank · 1 branch (2 in holding)

Q2 2026

$97.6MAssets
$82.0MLoans
$80.9MDeposits
$9.0MEquity
Loan mix
87%RE $63.0M10%C&I $7.0M3%Consumer $2.3MQ2 2025Q2 2026
Deposit mix
81%Interest-bearing $65.5M19%Noninterest $15.5MQ2 2025Q2 2026

NIM

4.71%Q2 ’245.16%Q2 ’255.51%Q2 ’26+24%+12%

Non-interest income vs. expense

2.44%Q2 ’242.63%Q2 ’252.81%Q2 ’26+8%+7%

Executive Summary

  • Earnings: ROA of 0.88%, up 16 bps year over year; NIM at 3.70%.
  • Asset quality: problem loans at 0.67% of loans (+24 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 8.67%, up 6 bps from a year ago.
  • Funding: loans stand at 101.29% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.88%+16 bps YoY

Net Interest Margin (YTD, annualized)

3.70%+40 bps YoY

Efficiency Ratio (YTD, annualized)

70.82%-343 bps YoY

Tier 1 Leverage Ratio

8.67%+6 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.72%0.81%0.90%0.88%0.88%+16 bps
Return on Equity8.08%8.94%9.87%9.35%9.40%+132 bps
Net Interest Margin3.30%3.37%3.47%3.65%3.70%+40 bps
Efficiency Ratio74.25%72.01%69.70%71.20%70.82%-343 bps
Non-Interest Burden2.34%2.31%2.29%2.47%2.49%+15 bps
Growth
Asset Growth (YoY)3.50%1.95%1.97%2.97%3.02%-48 bps
Loan Growth (YoY)5.30%4.57%3.33%6.54%5.92%+62 bps
Deposit Growth (YoY)3.86%1.22%-1.15%4.46%6.06%+219 bps
Asset Quality
Nonperforming Loans / Loans0.43%0.43%0.60%0.41%0.67%+24 bps
Net Charge-Offs / Loans-0.01%-0.01%-0.01%0.00%-0.02%-1 bps
Allowance / Loans0.92%0.92%0.92%0.89%0.92%-1 bps
Allowance Coverage of NPLs2.1x2.2x1.5x2.2x1.4x-0.8x
Capital
Tier 1 Leverage Ratio8.61%8.68%8.79%8.96%8.67%+6 bps
Total Risk-Based Capital11.85%12.38%12.57%11.98%11.74%-11 bps
Equity / Assets8.93%9.34%9.46%9.42%9.25%+33 bps
Liquidity & Funding
Loans / Deposits101.43%100.82%99.88%100.93%101.29%-13 bps
Liquid Assets / Assets0.41%0.35%0.35%0.51%0.34%-6 bps
CRE / Total Capitaln/a260%262%259%n/an/a