Milan, MN · Cert 8207 · Dakota Financial Inc.
State charter, non-member · FDIC · 4 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks under $1B in assets in MN (n=111 to 113). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
19
Asset Quality
39
Profitability
45
Liquidity
55
Efficiency
47
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Milan, MN · Cert 8207 · Dakota Financial Inc.
State charter, non-member · FDIC · 4 branches
Q2 2026
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 | 0.86% | 0.92% | 1.14% | 1.10% | 1.09% | 1.10% | 1.06% | 1.07% | -3 bps | |
| Return on Equity | 10.94% | 11.60% | 13.81% | 13.08% | 12.69% | 12.58% | 10.96% | 10.97% | -211 bps | |
| Net Interest Margin | 2.90% | 3.00% | 3.65% | 3.49% | 3.52% | 3.59% | 3.92% | 3.89% | +40 bps | |
| Efficiency Ratio | 57.49% | 57.69% | 56.72% | 56.48% | 57.15% | 57.32% | 60.29% | 60.62% | +414 bps | |
| Non-Interest Burden | 1.58% | 1.65% | 1.99% | 1.89% | 1.93% | 1.98% | 2.30% | 2.30% | +40 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.60% | -5.64% | -0.86% | 0.21% | -1.19% | -1.61% | -6.16% | -6.10% | -631 bps | |
| Loan Growth (YoY) | 6.36% | 11.09% | 6.69% | 5.81% | 6.64% | 0.33% | -0.22% | 1.17% | -464 bps | |
| Deposit Growth (YoY) | 0.92% | 4.47% | 4.24% | 6.24% | 4.89% | 7.16% | 2.87% | 0.89% | -536 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.84% | 3.94% | 2.06% | 2.32% | 0.79% | 2.16% | 9.72% | 1.82% | -50 bps | |
| Net Charge-Offs / Loans | -0.01% | 0.07% | -0.03% | -0.03% | -0.03% | -0.01% | 0.00% | 0.00% | +2 bps | |
| Allowance / Loans | 1.63% | 1.56% | 1.64% | 1.68% | 1.72% | 1.81% | 1.91% | 1.90% | +22 bps | |
| Allowance Coverage of NPLs | 0.6x | 0.4x | 0.8x | 0.7x | 2.2x | 0.8x | 0.2x | 1.0x | +0.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.51% | 8.66% | 9.04% | 8.97% | 9.10% | 9.40% | 10.01% | 9.85% | +88 bps | |
| Total Risk-Based Capital | 11.35% | 10.89% | 11.58% | 11.17% | 11.46% | 12.07% | 12.04% | 9.85% | -132 bps | |
| Equity / Assets | 8.11% | 8.09% | 8.50% | 8.66% | 9.02% | 9.36% | 9.94% | 9.94% | +128 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.76% | 83.49% | 85.52% | 87.59% | 88.21% | 78.17% | 82.95% | 87.84% | +24 bps | |
| Liquid Assets / Assets | 4.28% | 4.31% | 3.98% | 4.71% | 3.55% | 6.53% | 3.53% | 3.50% | -120 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 78.51% | 76.82% | 80.16% | n/a | n/a | |
Milan, MN · Cert 8207 · Peer group: banks under $1B in assets in MN (n=111-113) · Dakota Financial Inc.
State charter, non-member · FDIC · 4 branches
Q2 2026
Return on Assets
1.08%
Rank 65 of 113
Net Interest Margin
3.89%
Rank 56 of 113
Efficiency Ratio
61.89%
Rank 61 of 113
Equity / Assets
9.94%
Rank 60 of 113
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.08% | 0.87% | 1.20% | 1.41% | Beats 42% | 65 / 113 | ||
| Return on Equity | 10.91% | 8.92% | 11.27% | 13.99% | Beats 43% | 64 / 113 | ||
| Net Interest Margin | 3.89% | 3.42% | 3.88% | 4.31% | Beats 50% | 56 / 113 | ||
| Efficiency Ratio | 61.89% | 54.13% | 61.48% | 69.86% | Beats 47% | 61 / 113 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 1.82% | 0.09% | 0.58% | 1.82% | Beats 25% | 84 / 111 | ||
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.04% | Beats 53% | 54 / 111 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 9.85% | 11.53% | 13.31% | 18.13% | Beats 5% | 107 / 113 | ||
| Total Risk-Based Capital Ratio | 9.85% | 12.12% | 14.43% | 19.39% | Beats 5% | 107 / 113 | ||
| Equity / Assets | 9.94% | 8.52% | 10.10% | 11.94% | Beats 47% | 60 / 113 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 87.84% | 62.08% | 77.32% | 88.06% | 74th pctl | 29 / 111 | ||
| Loans / Assets | 75.96% | 55.01% | 66.35% | 75.50% | 75th pctl | 28 / 113 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||