PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

NSB Bank

Mason City, IA · Cert 8094 · Northwood Finl Services Corp.

State charter, non-member · FDIC · 6 branches

Q2 2026

$460.8MAssets
$333.7MLoans
$400.6MDeposits
$38.9MEquity
Loan mix
77%RE $208.4M21%C&I $56.5M2%Consumer $6.1MQ2 2025Q2 2026
Deposit mix
81%Interest-bearing $324.7M19%Noninterest $75.9MQ2 2025Q2 2026

NIM

4.82%Q2 ’244.84%Q2 ’254.94%Q2 ’26+2%+14%

Non-interest income vs. expense

1.96%Q2 ’241.77%Q2 ’251.92%Q2 ’26-10%+3%

Executive Summary

  • Earnings: ROA of 0.84%, down 3 bps year over year; NIM at 2.99%.
  • Asset quality: problem loans at 0.32% of loans (-32 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 8.49%, up 10 bps from a year ago.
  • Funding: loans stand at 83.30% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.84%-3 bps YoY

Net Interest Margin (quarter, annualized)

2.99%+36 bps YoY

Efficiency Ratio (quarter, annualized)

55.91%-380 bps YoY

Tier 1 Leverage Ratio

8.49%+10 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.87%1.16%0.91%0.66%0.84%-3 bps
Return on Equity11.65%14.86%11.14%8.15%10.27%-138 bps
Net Interest Margin2.63%2.92%2.89%2.91%2.99%+36 bps
Efficiency Ratio59.71%51.26%58.55%52.28%55.91%-380 bps
Non-Interest Burden1.40%1.30%1.52%1.33%1.44%+4 bps
Growth
Asset Growth (YoY)4.62%-1.10%1.27%1.98%-2.06%-668 bps
Loan Growth (YoY)4.98%1.13%3.29%2.77%-1.17%-615 bps
Deposit Growth (YoY)6.49%-0.14%1.05%2.42%-1.14%-763 bps
Asset Quality
Nonperforming Loans / Loans0.64%0.69%0.43%0.67%0.32%-32 bps
Net Charge-Offs / Loans0.06%0.21%0.67%0.60%-0.01%-7 bps
Allowance / Loans1.06%1.05%0.87%0.96%1.13%+7 bps
Allowance Coverage of NPLs1.7x1.5x2.0x1.4x3.5x+1.9x
Capital
Tier 1 Leverage Ratio8.38%8.54%8.28%8.46%8.49%+10 bps
Total Risk-Based Capital11.72%12.04%11.49%11.60%12.00%+28 bps
Equity / Assets7.57%8.10%8.23%7.92%8.44%+87 bps
Liquidity & Funding
Loans / Deposits83.32%82.79%86.10%81.84%83.30%-2 bps
Liquid Assets / Assets0.04%0.04%0.06%0.05%0.05%0 bps
CRE / Total Capitaln/a276%287%278%n/an/a