Saginaw, MI · Cert 57626 · 1st State Financial Ltd.
State charter, non-member · FDIC · 5 branches
Q2 2026
Market Position · Saginaw, MI · 2026 SOD (annual) · 11.9% share · #3 of 10 inst. · $0.3B of $2.6B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.34% | 1.49% | 1.60% | 1.37% | 1.33% | -1 bps | |
| Return on Equity | 11.89% | 13.02% | 13.57% | 11.62% | 11.19% | -70 bps | |
| Net Interest Margin | 3.93% | 4.01% | 4.04% | 3.92% | 3.95% | +2 bps | |
| Efficiency Ratio | 59.55% | 57.90% | 55.80% | 60.19% | 61.66% | +211 bps | |
| Non-Interest Burden | 2.19% | 2.17% | 2.09% | 2.23% | 2.28% | +9 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -2.16% | -0.05% | 6.32% | 7.80% | 4.68% | +683 bps | |
| Loan Growth (YoY) | 12.39% | 11.66% | 12.20% | 6.11% | 1.17% | -1,122 bps | |
| Deposit Growth (YoY) | -8.56% | -2.37% | 5.52% | 7.84% | 9.58% | +1,814 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.63% | 0.60% | 0.66% | 0.65% | 0.35% | -28 bps | |
| Net Charge-Offs / Loans | -0.01% | 0.00% | 0.00% | 0.00% | 0.45% | +45 bps | |
| Allowance / Loans | 1.71% | 1.74% | 1.73% | 1.74% | 1.60% | -11 bps | |
| Allowance Coverage of NPLs | 2.7x | 2.9x | 2.6x | 2.7x | 4.6x | +1.9x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 11.57% | 11.65% | 11.81% | 11.86% | 12.27% | +70 bps | |
| Total Risk-Based Capital | 15.17% | 15.89% | 15.93% | 16.03% | 16.22% | +105 bps | |
| Equity / Assets | 11.16% | 11.79% | 11.77% | 11.80% | 11.98% | +82 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 81.71% | 79.44% | 75.88% | 74.58% | 75.43% | -627 bps | |
| Liquid Assets / Assets | 7.34% | 8.51% | 12.94% | 15.07% | 13.85% | +651 bps | |
| CRE / Total Capital | n/a | 304% | 302% | 295% | n/a | n/a | |