Covington, IN · Cert 5768 · Piper Holdings Inc.
State charter, non-member · FDIC · 20 branches
Q2 2026
Market Position · Champaign-Urbana, IL · 2026 SOD (annual) · 1.6% share · #14 of 33 inst. · $0.1B of $8.7B
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 | 1.30% | 0.97% | 1.39% | 1.36% | 1.28% | 1.04% | 1.08% | 0.96% | -39 bps | |
| Return on Equity | 14.30% | 10.94% | 16.13% | 15.02% | 13.39% | 10.50% | 10.31% | 8.61% | -641 bps | |
| Net Interest Margin | 3.40% | 3.55% | 3.48% | 3.68% | 3.60% | 3.77% | 3.26% | 4.19% | +51 bps | |
| Efficiency Ratio | 63.43% | 65.99% | 58.49% | 60.77% | 61.41% | 69.35% | 68.15% | 70.81% | +1,003 bps | |
| Non-Interest Burden | 1.84% | 2.11% | 1.77% | 1.98% | 1.94% | 2.42% | 2.02% | 2.77% | +80 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.46% | -2.28% | -3.29% | 3.69% | 1.05% | 0.85% | 26.01% | 26.16% | +2,246 bps | |
| Loan Growth (YoY) | 2.81% | 2.43% | -0.60% | 3.58% | 1.27% | 4.33% | 45.37% | 44.01% | +4,043 bps | |
| Deposit Growth (YoY) | 7.88% | 7.39% | 5.40% | 3.07% | 0.45% | -0.84% | 23.13% | 23.17% | +2,010 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.79% | 0.75% | 0.79% | 0.47% | 0.77% | 0.60% | 0.50% | 0.63% | +15 bps | |
| Net Charge-Offs / Loans | -0.03% | -0.15% | -0.06% | 0.01% | 0.04% | 0.05% | 0.01% | 0.15% | +14 bps | |
| Allowance / Loans | 1.47% | 1.61% | 1.64% | 1.59% | 1.59% | 1.55% | 1.53% | 1.49% | -9 bps | |
| Allowance Coverage of NPLs | 1.9x | 2.1x | 2.1x | 3.4x | 2.1x | 2.6x | 3.1x | 2.4x | -1.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.69% | 9.77% | 10.06% | 10.43% | 10.66% | 10.65% | 9.81% | 9.99% | -44 bps | |
| Total Risk-Based Capital | 19.00% | 18.11% | 18.96% | 19.07% | 19.59% | 19.37% | 16.94% | 16.75% | -232 bps | |
| Equity / Assets | 9.38% | 8.36% | 8.82% | 9.25% | 9.81% | 9.91% | 11.00% | 11.36% | +211 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 59.27% | 58.32% | 56.86% | 59.92% | 59.75% | 61.36% | 67.13% | 70.07% | +1,014 bps | |
| Liquid Assets / Assets | 4.98% | 7.60% | 10.99% | 8.66% | 10.08% | 8.96% | 8.33% | 5.55% | -310 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 155.09% | 161.41% | 149.63% | n/a | n/a | |