Ironwood, MI · Cert 57192
FDIC · 4 branches
Q4 2025
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.67% | 0.58% | 0.64% | 0.74% | -2.09% | -276 bps | |
| Return on Equity | 9.62% | 7.35% | 8.06% | 9.23% | -27.30% | -3,693 bps | |
| Net Interest Margin | 3.16% | 3.20% | 3.30% | 3.25% | 3.25% | +9 bps | |
| Efficiency Ratio | 75.61% | 81.65% | 80.85% | 76.01% | 152.71% | +7,710 bps | |
| Non-Interest Burden | 2.36% | 2.57% | 2.62% | 2.41% | 5.16% | +279 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -3.69% | -7.10% | -3.36% | 1.56% | 0.04% | +372 bps | |
| Loan Growth (YoY) | 5.15% | -1.84% | -5.76% | -0.14% | -0.64% | -578 bps | |
| Deposit Growth (YoY) | -3.48% | -8.59% | -2.07% | 2.91% | 2.44% | +592 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 1.68% | 1.79% | 1.78% | 1.67% | 2.35% | +68 bps | |
| Net Charge-Offs / Loans | 0.03% | -0.01% | 0.07% | 0.17% | 0.15% | +12 bps | |
| Allowance / Loans | 2.49% | 2.61% | 2.56% | 2.45% | 2.36% | -13 bps | |
| Allowance Coverage of NPLs | 1.5x | 1.5x | 1.4x | 1.5x | 1.0x | -0.5x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.31% | 10.56% | 10.85% | 10.73% | 8.15% | -216 bps | |
| Total Risk-Based Capital | 10.31% | 10.56% | 10.85% | 10.73% | 8.15% | -216 bps | |
| Equity / Assets | 7.92% | 7.76% | 8.02% | 8.24% | 6.24% | -168 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 46.76% | 44.51% | 43.53% | 42.27% | 45.35% | -140 bps | |
| Liquid Assets / Assets | 12.82% | 12.70% | 16.42% | 15.28% | 13.49% | +67 bps | |
| CRE / Total Capital | n/a | n/a | n/a | 127.84% | 174.98% | n/a | |