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 (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.00% | 1.09% | 1.17% | 1.25% | 1.34% | 1.40% | 1.37% | 1.35% | +10 bps | |
| Return on Equity | 10.39% | 10.98% | 10.51% | 11.22% | 11.82% | 12.28% | 11.62% | 11.39% | +17 bps | |
| Net Interest Margin | 3.54% | 3.64% | 3.71% | 3.81% | 3.82% | 3.82% | 3.92% | 3.95% | +14 bps | |
| Efficiency Ratio | 68.32% | 65.86% | 62.88% | 61.16% | 60.03% | 58.91% | 60.19% | 60.93% | -23 bps | |
| Non-Interest Burden | 2.30% | 2.27% | 2.20% | 2.19% | 2.15% | 2.11% | 2.23% | 2.26% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.57% | -6.38% | -5.23% | -2.16% | -0.05% | 6.32% | 7.80% | 4.68% | +683 bps | |
| Loan Growth (YoY) | 0.27% | 1.65% | 8.52% | 12.39% | 11.66% | 12.20% | 6.11% | 1.17% | -1,122 bps | |
| Deposit Growth (YoY) | -4.63% | -7.17% | -6.56% | -8.56% | -2.37% | 5.52% | 7.84% | 9.58% | +1,814 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.89% | 0.86% | 0.98% | 0.63% | 0.60% | 0.66% | 0.65% | 0.35% | -28 bps | |
| Net Charge-Offs / Loans | 0.04% | -0.05% | 0.10% | 0.04% | 0.03% | 0.02% | 0.00% | 0.22% | +18 bps | |
| Allowance / Loans | 1.78% | 1.89% | 1.80% | 1.71% | 1.74% | 1.73% | 1.74% | 1.60% | -11 bps | |
| Allowance Coverage of NPLs | 2.0x | 2.2x | 1.8x | 2.7x | 2.9x | 2.6x | 2.7x | 4.6x | +1.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.43% | 10.94% | 11.39% | 11.57% | 11.65% | 11.81% | 11.86% | 12.27% | +70 bps | |
| Total Risk-Based Capital | 15.23% | 15.54% | 14.80% | 15.17% | 15.89% | 15.93% | 16.03% | 16.22% | +105 bps | |
| Equity / Assets | 10.58% | 10.89% | 11.32% | 11.16% | 11.79% | 11.77% | 11.80% | 11.98% | +82 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 69.46% | 71.36% | 75.79% | 81.71% | 79.44% | 75.88% | 74.58% | 75.43% | -627 bps | |
| Liquid Assets / Assets | 11.27% | 10.75% | 7.34% | 7.34% | 8.51% | 12.94% | 15.07% | 13.85% | +651 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 304% | 302% | 295% | n/a | n/a | |