PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Bank of New Richland

New Richland, MN · Cert 9735 · New Richland Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$124.2MAssets
$110.2MLoans
$81.0MDeposits
$12.2MEquity
Loan mix
94%RE $80.3M4%C&I $3.2M2%Consumer $1.8MQ2 2025Q2 2026
Deposit mix
81%Interest-bearing $65.5M19%Noninterest $15.5MQ2 2025Q2 2026

NIM

5.66%Q2 ’245.97%Q2 ’255.90%Q2 ’26+3%+8%

Non-interest income vs. expense

1.66%Q2 ’241.68%Q2 ’251.45%Q2 ’26+4%-16%

Executive Summary

  • Earnings: ROA of 1.66%, up 37 bps year over year; NIM at 3.42%.
  • Asset quality: problem loans at 0.29% of loans (-18 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.96%, up 38 bps from a year ago.
  • Funding: loans stand at 136.06% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.66%+37 bps YoY

Net Interest Margin (YTD, annualized)

3.42%+25 bps YoY

Efficiency Ratio (YTD, annualized)

40.28%-1,025 bps YoY

Tier 1 Leverage Ratio

9.96%+38 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.29%1.33%1.31%1.67%1.66%+37 bps
Return on Equity14.43%14.62%14.48%18.09%17.58%+315 bps
Net Interest Margin3.16%3.19%3.20%3.38%3.42%+25 bps
Efficiency Ratio50.53%49.23%50.14%39.01%40.28%-1,025 bps
Non-Interest Burden1.51%1.48%1.52%1.22%1.27%-25 bps
Growth
Asset Growth (YoY)1.82%2.17%-1.55%1.16%0.20%-162 bps
Loan Growth (YoY)3.32%1.56%-0.81%1.95%-1.13%-445 bps
Deposit Growth (YoY)1.45%9.38%9.43%-6.69%7.00%+555 bps
Asset Quality
Nonperforming Loans / Loans0.48%0.17%0.18%0.16%0.29%-18 bps
Net Charge-Offs / Loans0.01%0.01%0.01%0.00%0.00%-1 bps
Allowance / Loans0.87%0.87%0.85%0.87%0.89%+2 bps
Allowance Coverage of NPLs1.8x5.0x4.9x5.4x3.0x+1.2x
Capital
Tier 1 Leverage Ratio9.57%9.95%9.18%9.54%9.96%+38 bps
Total Risk-Based Capital12.18%12.86%11.69%12.45%12.91%+73 bps
Equity / Assets9.22%9.69%8.94%9.52%9.84%+62 bps
Liquidity & Funding
Loans / Deposits147.24%132.65%133.03%144.42%136.06%-1,118 bps
Liquid Assets / Assets0.03%1.29%2.06%1.06%0.61%+58 bps
CRE / Total Capitaln/a13.52%14.96%14.97%n/an/a