Vernon Center, MN · Cert 9760 · Vernon Center Bancshares Inc.
State charter, non-member · FDIC · 5 branches
Q2 2026
Market Position · Mankato, MN · 2026 SOD (annual) · 13.6% share · #2 of 19 inst. · $0.5B of $3.5B
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 | 0.61% | 0.53% | 0.78% | 0.80% | 0.84% | 0.80% | 1.02% | 1.00% | +20 bps | |
| Return on Equity | 7.41% | 6.28% | 9.16% | 9.24% | 9.55% | 8.89% | 10.96% | 10.54% | +131 bps | |
| Net Interest Margin | 2.55% | 2.70% | 2.79% | 3.05% | 3.06% | 3.26% | 3.24% | 3.52% | +47 bps | |
| Efficiency Ratio | 69.59% | 75.12% | 63.99% | 65.63% | 59.93% | 64.61% | 58.17% | 58.04% | -759 bps | |
| Non-Interest Burden | 1.72% | 1.97% | 1.71% | 1.93% | 1.76% | 2.06% | 1.83% | 1.94% | +1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.72% | 0.58% | 0.51% | -0.02% | 1.09% | 0.52% | -1.00% | -1.31% | -130 bps | |
| Loan Growth (YoY) | 8.96% | 2.87% | -1.27% | -3.18% | -6.14% | -5.32% | -3.97% | -3.58% | -40 bps | |
| Deposit Growth (YoY) | 8.28% | 4.26% | 9.37% | 5.81% | 5.43% | 3.53% | -1.21% | 0.87% | -494 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.11% | 2.13% | 2.19% | 2.21% | 2.36% | 2.22% | 2.26% | 2.15% | -6 bps | |
| Net Charge-Offs / Loans | -0.18% | -0.07% | 0.00% | 0.00% | 0.04% | -0.01% | 0.00% | 0.53% | +53 bps | |
| Allowance / Loans | 0.91% | 0.93% | 0.95% | 0.96% | 1.01% | 1.04% | 1.05% | 0.98% | +2 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.4x | 0.4x | 0.4x | 0.4x | 0.5x | 0.5x | 0.5x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.20% | 8.32% | 8.47% | 8.66% | 8.69% | 8.99% | 9.30% | 9.49% | +82 bps | |
| Total Risk-Based Capital | 11.01% | 11.42% | 11.84% | 12.19% | 12.54% | 12.86% | 13.16% | 13.23% | +103 bps | |
| Equity / Assets | 8.27% | 8.49% | 8.52% | 8.72% | 8.83% | 9.20% | 9.39% | 9.49% | +77 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 113.70% | 111.78% | 104.09% | 104.99% | 101.22% | 102.22% | 101.17% | 100.36% | -463 bps | |
| Liquid Assets / Assets | 0.97% | 0.97% | 1.03% | 0.88% | 0.92% | 1.01% | 1.47% | 1.34% | +46 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 665% | 648% | 631% | n/a | n/a | |