Lansing, IA · Cert 8761 · Kerndt Bank Services Inc.
State charter, non-member · FDIC · 6 branches
Q2 2026
Market Position · Cedar Rapids, IA · 2026 SOD (annual) · 0.2% share · #33 of 35 inst. · $0.0B of $8.8B
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 | 0.37% | 0.42% | 0.11% | 0.27% | 0.29% | 0.34% | 2.87% | 2.02% | +175 bps | |
| Return on Equity | 4.33% | 4.84% | 1.20% | 2.78% | 2.94% | 3.38% | 27.13% | 18.94% | +1,616 bps | |
| Net Interest Margin | 2.65% | 2.58% | 2.96% | 3.00% | 2.97% | 2.95% | 3.18% | 3.31% | +31 bps | |
| Efficiency Ratio | 78.49% | 78.01% | 80.99% | 79.26% | 80.33% | 80.15% | 44.35% | 50.30% | -2,896 bps | |
| Non-Interest Burden | 1.98% | 1.89% | 2.31% | 2.28% | 2.29% | 2.26% | -0.81% | 0.59% | -169 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -5.17% | -5.05% | -10.55% | -5.04% | -5.48% | -4.82% | 3.99% | 4.43% | +948 bps | |
| Loan Growth (YoY) | -0.19% | -3.02% | -6.36% | -7.37% | -6.90% | -6.45% | -5.97% | -9.88% | -251 bps | |
| Deposit Growth (YoY) | -4.73% | -6.03% | -6.96% | -2.82% | -0.32% | 0.09% | 6.16% | 5.26% | +808 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.05% | 1.82% | 0.74% | 0.36% | 0.86% | 1.43% | 1.57% | 0.65% | +28 bps | |
| Net Charge-Offs / Loans | 0.23% | 0.17% | 1.69% | 0.87% | 0.58% | 0.33% | 0.00% | 0.00% | -87 bps | |
| Allowance / Loans | 1.07% | 1.09% | 0.88% | 0.97% | 1.01% | 1.14% | 1.28% | 1.39% | +42 bps | |
| Allowance Coverage of NPLs | 1.0x | 0.6x | 1.2x | 2.7x | 1.2x | 0.8x | 0.8x | 2.2x | -0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.71% | 9.74% | 10.12% | 10.41% | 10.61% | 10.63% | 10.85% | 10.88% | +46 bps | |
| Total Risk-Based Capital | 9.71% | 9.74% | 10.12% | 10.41% | 10.61% | 10.63% | 10.85% | 10.88% | +46 bps | |
| Equity / Assets | 9.19% | 9.22% | 9.80% | 10.17% | 10.36% | 10.67% | 10.47% | 10.88% | +71 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.28% | 89.03% | 86.36% | 84.69% | 82.45% | 83.21% | 76.49% | 72.50% | -1,219 bps | |
| Liquid Assets / Assets | 3.80% | 2.81% | 3.49% | 4.13% | 3.16% | 2.82% | 7.15% | 4.00% | -13 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 170.47% | 167.65% | 158.81% | n/a | n/a | |