Proctor, MN · Cert 5232
National charter · OCC · 1 branch
Q2 2026
Market Position · Duluth, MN-WI · 2026 SOD (annual) · 0.5% share · #22 of 26 inst. · $0.0B 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 | 0.49% | 0.37% | 0.56% | 0.46% | 0.77% | 0.00% | 0.59% | 0.55% | +8 bps | |
| Return on Equity | 6.25% | 4.68% | 7.33% | 5.91% | 9.60% | 0.00% | 7.25% | 6.65% | +74 bps | |
| Net Interest Margin | 3.47% | 3.45% | 3.38% | 3.38% | 3.53% | 3.47% | 3.32% | 3.53% | +15 bps | |
| Efficiency Ratio | 82.43% | 85.96% | 78.11% | 81.06% | 72.62% | 99.37% | 75.92% | 78.22% | -284 bps | |
| Non-Interest Burden | 2.82% | 2.94% | 2.59% | 2.71% | 2.51% | 3.45% | 2.49% | 2.73% | +1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.27% | 3.87% | 6.99% | 10.93% | 10.75% | 7.42% | 3.52% | 0.35% | -1,058 bps | |
| Loan Growth (YoY) | 0.85% | -0.66% | -2.72% | -4.52% | -7.64% | -7.95% | -8.72% | -4.83% | -31 bps | |
| Deposit Growth (YoY) | 1.60% | 3.84% | 6.77% | 10.54% | 10.55% | 6.62% | 2.98% | -0.12% | -1,066 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.07% | 0.07% | 0.06% | 0.05% | 0.05% | 0.04% | 0.04% | 0.00% | -5 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.61% | 0.62% | 0.63% | 0.65% | 0.67% | 0.68% | 0.69% | 0.68% | +3 bps | |
| Allowance Coverage of NPLs | 8.5x | 9.4x | 10.6x | 11.9x | 13.6x | 15.7x | 18.8x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.54% | 8.58% | 8.48% | 8.24% | 8.24% | 8.28% | 8.49% | 8.47% | +23 bps | |
| Total Risk-Based Capital | 22.51% | 23.41% | 23.31% | 24.85% | 25.47% | 25.73% | 25.75% | 26.18% | +134 bps | |
| Equity / Assets | 8.06% | 7.61% | 7.73% | 7.98% | 8.11% | 8.20% | 8.10% | 8.41% | +43 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 54.12% | 50.89% | 48.73% | 46.94% | 45.21% | 43.94% | 43.20% | 44.73% | -221 bps | |
| Liquid Assets / Assets | 15.61% | 14.36% | 13.45% | 15.01% | 16.61% | 17.08% | 13.91% | 14.13% | -88 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 45.63% | 44.06% | 42.28% | n/a | n/a | |