Marion, SD · Cert 9935 · First State Associates Inc.
State charter, non-member · FDIC · 5 branches
Q2 2026
Market Position · Sioux Falls, SD-MN · 2026 SOD (annual) · 0.0% share · #21 of 42 inst. · $0.2B of $1127.8B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.99% | 1.12% | 1.58% | 1.03% | 1.44% | +44 bps | |
| Return on Equity | 11.29% | 12.43% | 17.10% | 11.18% | 15.84% | +455 bps | |
| Net Interest Margin | 3.47% | 3.76% | 3.83% | 3.79% | 3.82% | +34 bps | |
| Efficiency Ratio | 58.58% | 54.85% | 50.54% | 51.43% | 54.67% | -390 bps | |
| Non-Interest Burden | 1.91% | 1.93% | 1.79% | 1.83% | 1.96% | +6 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 5.42% | 6.14% | 10.61% | 11.00% | 12.45% | +703 bps | |
| Loan Growth (YoY) | 10.72% | 16.79% | 16.55% | 20.70% | 16.32% | +560 bps | |
| Deposit Growth (YoY) | -0.12% | -0.55% | 3.75% | 6.41% | 9.95% | +1,006 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.09% | 0.08% | 0.16% | 0.15% | 0.16% | +7 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.01% | 0.02% | 0.10% | +10 bps | |
| Allowance / Loans | 1.18% | 1.23% | 1.18% | 1.30% | 1.27% | +9 bps | |
| Allowance Coverage of NPLs | 13.2x | 15.0x | 7.2x | 8.5x | 7.9x | -5.2x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.16% | 8.31% | 8.46% | 8.37% | 8.30% | +14 bps | |
| Total Risk-Based Capital | 11.81% | 11.48% | 11.61% | 11.40% | 11.58% | -23 bps | |
| Equity / Assets | 8.88% | 9.14% | 9.29% | 9.06% | 9.09% | +21 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 87.40% | 95.12% | 94.51% | 95.53% | 92.47% | +507 bps | |
| Liquid Assets / Assets | 0.60% | 0.44% | 0.08% | 0.09% | 2.38% | +178 bps | |
| CRE / Total Capital | n/a | 90.61% | 82.01% | 78.34% | n/a | n/a | |