Nicollet, MN · Cert 8536 · Progressive Growth Corp.
State charter, non-member · FDIC · 3 branches
Q2 2026
Market Position · Mankato, MN · 2026 SOD (annual) · 5.6% share · #7 of 19 inst. · $0.2B of $3.5B
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 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.47% | 0.45% | 0.35% | -2.24% | -1.12% | -159 bps | |
| Return on Equity | 10.79% | 10.01% | 7.75% | -44.07% | -21.58% | -3,237 bps | |
| Net Interest Margin | 1.93% | 1.93% | 1.85% | 1.28% | 1.58% | -35 bps | |
| Efficiency Ratio | 71.31% | 72.35% | 73.78% | 104.37% | 98.81% | +2,751 bps | |
| Non-Interest Burden | 1.34% | 1.36% | 1.33% | 1.34% | 1.56% | +22 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 0.73% | 3.87% | 4.03% | -8.58% | -12.28% | -1,301 bps | |
| Loan Growth (YoY) | 5.14% | 0.99% | 3.71% | 3.01% | -0.90% | -604 bps | |
| Deposit Growth (YoY) | -5.61% | -1.21% | 1.50% | 0.88% | -2.50% | +311 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | -0.03% | -0.02% | -0.02% | 0.00% | -0.01% | +2 bps | |
| Allowance / Loans | 0.80% | 0.82% | 0.78% | 0.80% | 0.81% | +1 bps | |
| Allowance Coverage of NPLs | 653.0x | n/a | n/a | n/a | n/a | n/a | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 7.12% | 7.25% | 6.85% | 6.41% | 7.09% | -2 bps | |
| Total Risk-Based Capital | 18.02% | 19.60% | 18.89% | 19.84% | 20.50% | +248 bps | |
| Equity / Assets | 4.20% | 4.79% | 4.91% | 5.25% | 5.45% | +125 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 24.40% | 23.29% | 25.06% | 24.53% | 24.80% | +40 bps | |
| Liquid Assets / Assets | 0.61% | 4.59% | 1.90% | 1.27% | 2.38% | +177 bps | |
| CRE / Total Capital | n/a | 48.16% | 57.57% | 57.02% | n/a | n/a | |