Glenwood, MN · Cert 8853
State charter, non-member · FDIC · 3 branches
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 | 0.78% | 0.93% | 0.97% | 1.28% | 1.28% | 1.40% | 1.30% | 1.38% | +10 bps | |
| Return on Equity | 9.07% | 10.62% | 10.73% | 13.71% | 13.51% | 14.62% | 13.08% | 13.39% | -32 bps | |
| Net Interest Margin | 3.27% | 3.20% | 3.28% | 3.55% | 3.68% | 3.82% | 3.77% | 3.83% | +28 bps | |
| Efficiency Ratio | 64.18% | 66.90% | 65.32% | 56.58% | 58.93% | 57.91% | 58.77% | 58.16% | +158 bps | |
| Non-Interest Burden | 1.97% | 2.03% | 2.05% | 1.85% | 2.02% | 2.05% | 2.08% | 2.08% | +23 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.84% | 2.55% | 1.89% | 0.04% | -0.13% | 1.23% | 1.60% | -0.05% | -8 bps | |
| Loan Growth (YoY) | 0.82% | -1.53% | -1.39% | -0.67% | 0.44% | 1.16% | -0.86% | -3.41% | -274 bps | |
| Deposit Growth (YoY) | 4.14% | 5.87% | 3.77% | 3.35% | 1.15% | 1.59% | 0.76% | -1.14% | -449 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.62% | 1.17% | 1.42% | 1.42% | 1.65% | 1.36% | 1.58% | 2.03% | +61 bps | |
| Net Charge-Offs / Loans | 0.79% | -0.63% | 0.00% | 0.10% | -0.02% | -0.07% | -0.03% | -0.02% | -12 bps | |
| Allowance / Loans | 0.99% | 1.15% | 1.17% | 1.13% | 1.14% | 1.15% | 1.21% | 1.21% | +8 bps | |
| Allowance Coverage of NPLs | 0.6x | 1.0x | 0.8x | 0.8x | 0.7x | 0.8x | 0.8x | 0.6x | -0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.90% | 8.98% | 9.24% | 9.50% | 9.64% | 9.75% | 10.34% | 10.28% | +78 bps | |
| Total Risk-Based Capital | 10.65% | 11.38% | 11.54% | 11.77% | 12.14% | 12.11% | 13.37% | 13.39% | +162 bps | |
| Equity / Assets | 8.69% | 8.74% | 9.28% | 9.36% | 9.58% | 9.64% | 10.25% | 10.30% | +94 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 109.81% | 104.27% | 105.42% | 106.84% | 109.04% | 103.83% | 103.72% | 104.39% | -245 bps | |
| Liquid Assets / Assets | 0.50% | 5.00% | 3.69% | 2.63% | 2.35% | 6.30% | 6.67% | 6.23% | +359 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 416% | 396% | 350% | n/a | n/a | |