Duluth, MN · Cert 8850 · North Shore Financial Corp.
State charter, Fed member · FED · 7 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks under $1B in assets (n=581 to 629). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
6
Asset Quality
85
Profitability
71
Liquidity
53
Efficiency
38
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Duluth, MN · Cert 8850 · North Shore Financial Corp.
State charter, Fed member · FED · 7 branches
Q2 2026
Market Position · Duluth, MN-WI · 2026 SOD (annual) · 7.8% share · #5 of 26 inst. · $0.5B of $6.6B
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 | 0.91% | 1.77% | 0.84% | 1.02% | 1.10% | 1.22% | 1.06% | 1.23% | +20 bps | |
| Return on Equity | 11.52% | 21.68% | 9.38% | 11.76% | 12.69% | 14.12% | 12.24% | 14.38% | +262 bps | |
| Net Interest Margin | 3.59% | 3.59% | 3.70% | 3.75% | 3.74% | 3.77% | 3.89% | 3.97% | +21 bps | |
| Efficiency Ratio | 77.62% | 65.17% | 78.57% | 75.98% | 74.79% | 72.58% | 74.94% | 72.56% | -342 bps | |
| Non-Interest Burden | 2.38% | 1.38% | 2.49% | 2.34% | 2.28% | 2.18% | 2.44% | 2.32% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.10% | 8.02% | 5.76% | 7.56% | 7.56% | 11.31% | 8.14% | 8.47% | +91 bps | |
| Loan Growth (YoY) | 20.06% | 10.03% | 3.39% | 3.09% | 3.07% | 4.59% | 7.43% | 9.78% | +668 bps | |
| Deposit Growth (YoY) | 10.08% | 6.49% | 14.48% | 17.16% | 17.21% | 15.78% | 8.91% | 10.46% | -670 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.09% | 0.15% | 0.14% | 0.14% | 0.13% | 0.18% | 0.22% | 0.14% | +1 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.50% | 0.52% | 0.57% | 0.58% | 0.60% | 0.62% | 0.63% | 0.64% | +5 bps | |
| Allowance Coverage of NPLs | 5.4x | 3.4x | 4.1x | 4.3x | 4.7x | 3.5x | 2.8x | 4.5x | +0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.54% | 9.46% | 9.51% | 8.93% | 8.89% | 9.14% | 8.89% | 8.74% | -19 bps | |
| Total Risk-Based Capital | 11.84% | 9.46% | 9.51% | 8.93% | 8.89% | 9.14% | 8.89% | 8.74% | -19 bps | |
| Equity / Assets | 8.08% | 8.96% | 8.88% | 8.25% | 8.53% | 8.68% | 8.55% | 8.33% | +8 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.82% | 98.68% | 93.31% | 91.87% | 92.18% | 89.14% | 92.04% | 91.30% | -57 bps | |
| Liquid Assets / Assets | 0.95% | 1.53% | 3.34% | 3.73% | 3.65% | 7.40% | 3.61% | 3.29% | -45 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 285% | 277% | 288% | n/a | n/a | |
Duluth, MN · Cert 8850 · Peer group: banks under $1B in assets (n=581-629) · North Shore Financial Corp.
State charter, Fed member · FED · 7 branches
Q2 2026
Return on Assets
1.20%
Rank 237 of 629
Net Interest Margin
3.97%
Rank 181 of 629
Efficiency Ratio
72.56%
Rank 389 of 629
Equity / Assets
8.33%
Rank 536 of 629
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.20% | 0.60% | 1.01% | 1.45% | Beats 62% | 237 / 629 | ||
| Return on Equity | 14.44% | 5.38% | 9.30% | 13.28% | Beats 81% | 119 / 629 | ||
| Net Interest Margin | 3.97% | 3.03% | 3.54% | 4.05% | Beats 71% | 181 / 629 | ||
| Efficiency Ratio | 72.56% | 58.35% | 67.79% | 79.08% | Beats 38% | 389 / 629 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.14% | 0.09% | 0.46% | 1.20% | Beats 70% | 174 / 581 | ||
| Net Charge-Offs / Loans | 0.00% | n/a | 0.01% | 0.06% | Beats 100% | 158 / 581 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 8.74% | 11.24% | 13.84% | 18.77% | Beats 1% | 624 / 629 | ||
| Total Risk-Based Capital Ratio | 8.74% | 11.58% | 14.43% | 19.66% | Beats 1% | 625 / 629 | ||
| Equity / Assets | 8.33% | 9.09% | 10.65% | 13.80% | Beats 15% | 536 / 629 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 91.30% | 67.24% | 80.90% | 93.48% | 71st pctl | 170 / 594 | ||
| Loans / Assets | 78.79% | 53.31% | 67.71% | 78.15% | 77th pctl | 143 / 629 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||