Fairmont, MN · Cert 8541 · Web Inc.
State charter, non-member · FDIC · 1 branch
Q2 2026
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 | 1.00% | -1.27% | 1.40% | 1.20% | 1.47% | -1.67% | 1.47% | 1.33% | +13 bps | |
| Return on Equity | 10.48% | -13.43% | 15.02% | 12.58% | 14.84% | -16.68% | 15.39% | 14.03% | +145 bps | |
| Net Interest Margin | 3.50% | 3.52% | 3.95% | 3.87% | 4.04% | 4.00% | 3.86% | 3.75% | -12 bps | |
| Efficiency Ratio | 64.12% | 130.25% | 56.29% | 59.45% | 53.36% | 129.32% | 50.31% | 55.16% | -429 bps | |
| Non-Interest Burden | 2.17% | 4.65% | 2.15% | 2.23% | 2.07% | 5.22% | 1.86% | 1.99% | -24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.77% | -1.14% | 2.33% | 3.88% | 3.89% | 3.21% | 9.82% | 8.79% | +490 bps | |
| Loan Growth (YoY) | 6.18% | 0.41% | 3.76% | 3.29% | 5.29% | -0.09% | -5.04% | -4.38% | -766 bps | |
| Deposit Growth (YoY) | 0.69% | -0.06% | 1.70% | 3.39% | 3.30% | 2.38% | 10.02% | 8.86% | +547 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.43% | 1.22% | 0.94% | 0.91% | 0.91% | 0.97% | 1.01% | 2.03% | +112 bps | |
| Net Charge-Offs / Loans | 0.08% | 0.38% | 0.00% | 0.00% | 0.00% | 0.95% | 0.11% | 0.42% | +42 bps | |
| Allowance / Loans | 1.98% | 1.90% | 1.85% | 1.86% | 1.88% | 1.78% | 1.79% | 1.69% | -17 bps | |
| Allowance Coverage of NPLs | 1.4x | 1.6x | 2.0x | 2.0x | 2.1x | 1.8x | 1.8x | 0.8x | -1.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.94% | 10.54% | 10.79% | 10.80% | 11.32% | 10.82% | 11.00% | 10.40% | -39 bps | |
| Total Risk-Based Capital | 15.64% | 14.97% | 15.28% | 15.28% | 15.70% | 16.18% | 16.66% | 16.80% | +152 bps | |
| Equity / Assets | 9.78% | 9.16% | 9.44% | 9.63% | 10.17% | 9.89% | 9.30% | 9.59% | -5 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.71% | 84.84% | 86.09% | 86.97% | 88.38% | 82.79% | 74.30% | 76.40% | -1,058 bps | |
| Liquid Assets / Assets | 8.80% | 9.26% | 8.79% | 7.38% | 9.71% | 11.62% | 12.81% | 15.03% | +765 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 37.14% | 39.55% | 37.81% | n/a | n/a | |