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Dakota Western Bank

Bowman, ND · Cert 8637 · Dakota Western Bankshares Inc.

State charter, Fed member · FED · 5 branches

Q2 2026

$416.2MAssets
$302.2MLoans
$361.6MDeposits
$41.4MEquity
Loan mix
53%RE $87.9M40%C&I $65.7M7%Consumer $11.3MQ2 2025Q2 2026
Deposit mix
78%Interest-bearing $281.5M22%Noninterest $80.0MQ2 2025Q2 2026

NIM

5.36%Q2 ’245.47%Q2 ’255.66%Q2 ’26+16%+9%

Non-interest income vs. expense

1.69%Q2 ’241.69%Q2 ’251.73%Q2 ’260%+2%

Executive Summary

  • Earnings: ROA of 1.76%, up 14 bps year over year; NIM at 3.86%.
  • Asset quality: problem loans at 0.84% of loans (-18 bps YoY), with net recoveries of 0.38%.
  • Capital: tier 1 leverage ratio of 11.57%, up 18 bps from a year ago.
  • Funding: loans stand at 83.57% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.76%+14 bps YoY

Net Interest Margin (quarter, annualized)

3.86%+31 bps YoY

Efficiency Ratio (quarter, annualized)

42.60%-255 bps YoY

Tier 1 Leverage Ratio

11.57%+18 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.62%1.47%1.20%1.54%1.76%+14 bps
Return on Equity17.82%15.50%12.57%16.11%17.88%+6 bps
Net Interest Margin3.55%3.62%3.53%3.71%3.86%+31 bps
Efficiency Ratio45.15%46.97%46.73%43.81%42.60%-255 bps
Non-Interest Burden1.50%1.59%1.55%1.51%1.53%+3 bps
Growth
Asset Growth (YoY)-0.17%-0.22%5.09%6.40%6.36%+653 bps
Loan Growth (YoY)-1.99%5.81%12.28%13.38%18.10%+2,010 bps
Deposit Growth (YoY)1.00%-2.98%2.97%4.16%4.45%+345 bps
Asset Quality
Nonperforming Loans / Loans1.02%0.51%0.40%0.49%0.84%-18 bps
Net Charge-Offs / Loans0.00%-0.01%-0.01%0.57%-0.38%-37 bps
Allowance / Loans1.85%1.80%1.86%1.76%1.80%-5 bps
Allowance Coverage of NPLs1.8x3.5x4.7x3.6x2.1x+0.3x
Capital
Tier 1 Leverage Ratio11.40%11.52%10.94%11.39%11.57%+18 bps
Total Risk-Based Capital16.00%15.56%16.17%16.48%15.28%-72 bps
Equity / Assets9.27%9.71%9.45%9.70%9.95%+68 bps
Liquidity & Funding
Loans / Deposits73.91%79.81%75.02%78.59%83.57%+966 bps
Liquid Assets / Assets5.23%2.18%8.23%6.28%1.95%-329 bps
CRE / Total Capitaln/a20.81%21.39%21.41%n/an/a