Grand Marais, MN · Cert 8842 · Central Trust Co.
State charter, Fed member · FED · 1 affiliate bank · 5 branches (10 in holding)
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 | 0.70% | 0.71% | 0.97% | 1.06% | 1.15% | 1.08% | 1.46% | 1.56% | +50 bps | |
| Return on Equity | 10.33% | 10.32% | 13.06% | 14.05% | 15.14% | 14.04% | 18.16% | 19.36% | +531 bps | |
| Net Interest Margin | 2.97% | 3.01% | 3.20% | 3.27% | 3.37% | 3.52% | 4.06% | 4.14% | +87 bps | |
| Efficiency Ratio | 65.56% | 67.79% | 61.84% | 59.35% | 57.57% | 62.58% | 65.94% | 60.70% | +135 bps | |
| Non-Interest Burden | 1.85% | 1.96% | 1.88% | 1.83% | 1.84% | 2.11% | 2.58% | 2.40% | +57 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.79% | -4.34% | 1.58% | 0.98% | -1.29% | 2.43% | 68.70% | 76.17% | +7,519 bps | |
| Loan Growth (YoY) | 1.52% | 2.09% | 6.37% | 8.50% | 7.88% | 13.39% | 75.06% | 68.10% | +5,960 bps | |
| Deposit Growth (YoY) | 1.71% | 7.31% | 1.94% | 4.80% | -2.24% | 2.24% | 76.86% | 75.68% | +7,089 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.13% | 0.10% | +10 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.07% | 0.04% | 0.04% | 0.03% | 0.00% | 0.02% | -1 bps | |
| Allowance / Loans | 1.00% | 0.99% | 0.97% | 0.99% | 1.01% | 0.95% | 0.99% | 0.98% | -1 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 257.0x | 112.9x | n/a | 7.7x | 9.9x | -247.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.15% | 8.08% | 8.29% | 8.18% | 8.20% | 8.09% | 8.13% | 8.40% | +21 bps | |
| Total Risk-Based Capital | 16.09% | 15.49% | 15.32% | 15.02% | 15.67% | 14.69% | 13.87% | 14.43% | -59 bps | |
| Equity / Assets | 6.90% | 7.30% | 7.56% | 7.89% | 7.73% | 7.91% | 8.15% | 8.08% | +19 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 61.90% | 66.32% | 72.89% | 72.23% | 68.31% | 73.55% | 72.15% | 69.12% | -312 bps | |
| Liquid Assets / Assets | 25.02% | 19.15% | 17.00% | 12.67% | 13.41% | 8.29% | 10.52% | 13.48% | +81 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 343% | 369% | 296% | n/a | n/a | |