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Sherburne State Bank

$100M-$1B Specialty: Commercial MN FDIC cert 10169

Becker, MN

4 branches across MN

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 151 in MN.
  • Deposits +14.7% year over year ($289.5M on the books).
  • Delinquency rate 0.02%.
  • Return on assets 2.01%.
  • Efficiency ratio 43.95% vs a 64.48% peer average.
  • Loan-to-deposit ratio 95.19% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 151 in MN
View $100M-$1B leaderboard (MN) →

Sherburne State Bank has 5 strengths but faces 1 concern

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Credit Quality Leader: Top 11.4% in tier
  • + Revenue Diversifier: Top 32.4% in tier
  • + Deposit Franchise: Top 74.1% in tier
  • + Efficiency Ratio 20.53% below tier average
  • + ROA 0.69% above tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 4.3% in tier
Get updates when Sherburne State Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $351.1M
+14.1% YoY +2.2% QoQ
-$35.5M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
54%
Total Loans ? $275.6M
+16.0% YoY +4.2% QoQ
+$17.3M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
63%
Total Deposits ? $289.5M
+14.7% YoY +1.7% QoQ
-$37.2M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
53%
Return on Assets ? 2.01%
+9.9% YoY +2.4% QoQ
+0.69% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
Top 12.9% in tier
Net Interest Margin ? 4.74%
+3.1% YoY +1.6% QoQ
+0.75% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
Top 13.2% in tier
Efficiency Ratio ? 43.95%
-6.5% YoY -2.3% QoQ
-20.53% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
Top 7.5% in tier
Delinquency Rate ? 0.02%
+4.4% QoQ
-0.90% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
84%
Loan-to-Deposit Ratio ? 95.19%
+1.2% YoY +2.5% QoQ
+17.24% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
16%
Non-Interest-Bearing Deposit Share ? 32.11%
+7.7% YoY +9.5% QoQ
+10.08% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
Top 14.3% in tier
Nonperforming Asset Ratio ? 0.02%
+6.4% QoQ
-0.65% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
84%
Tier 1 Capital Ratio ? 10.24%
+1.8% YoY +1.7% QoQ
-5.67% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
Bottom 13.5% in tier
Non-Interest Income / Assets ? 0.45%
-3.3% YoY +108.8% QoQ
-0.11% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
Top 11.0% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Noninterest-Bearing 32.1%
+2.3pp YoY
+2.8pp QoQ
 +10.0pp 22.1% 21.9% 22.2% 86%
Brokered Deposits 2.1%
+2.0pp YoY
-0.7pp QoQ
 -5.7pp 7.9% 8.3% 8.5% 31%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
C&I 15.9%
-2.2pp YoY
0.0pp QoQ
 +4.3pp 11.6% 14.6% 12.5% 79%
CRE 59.3%
+1.4pp YoY
-0.7pp QoQ
 +19.8pp 39.5% 36.5% 41.4% 83%
1-4 Family 21.6%
+0.5pp YoY
+0.7pp QoQ
 -11.0pp 32.6% 29.4% 31.3% 34%
Consumer 4.5%
+0.5pp YoY
0.0pp QoQ
 +0.4pp 4.1% 4.5% 5.0% 74%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio 10.2%
+0.2pp YoY
+0.2pp QoQ
 -8.6pp 18.8% 16.5% 19.7% 3%
Leverage Ratio 9.5%
+0.3pp YoY
+0.2pp QoQ
 -2.7pp 12.2% 11.0% 12.6% 20%
Total Capital Ratio 11.5%
+0.2pp YoY
+0.2pp QoQ
 -8.4pp 19.9% 17.6% 20.8% 4%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 42
-1 (-2.3%) YoY
-3 (-6.7%) QoQ
 -17 58 55 482 44%
Assets per Employee ($) $8.4M
+16.8% YoY
+9.5% QoQ
 +$840K $7.5M $8.6M $8.8M 72%
Branch Count 4
+1 (+33.3%) YoY
+1 (+33.3%) QoQ
 -1 4 4 18 42%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.3% 0.4% 0.4% n/a
Nonaccrual 0.0%
0.0pp QoQ
 -0.9pp 0.9% 1.0% 1.0% 6%
Allowance Coverage 64.73x
-1.2% QoQ
 +40.57x 24.15x 20.41x 20.23x 95%
Net Charge-off Rate (YTD) -0.0%
0.0pp YoY
0.0pp QoQ
 -0.2pp 0.1% 0.2% 0.2% 7%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 23.6%
+0.8pp YoY
+0.3pp QoQ
 +11.4pp 12.2% 13.1% 11.6% 95%
Cost of Funds (YTD) 1.9%
-0.1pp YoY
0.0pp QoQ
 +0.2pp 1.7% 1.7% 1.7% 65%
Net Income ($, YTD) $3.5M
+27.0% YoY
— QoQ
 +$908K $2.6M $4.5M $40.4M 75%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (3)

Credit Quality Leader

growth
#76 of 659 • Top 11.4% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature
Delinquency Rate: 0.02%
(Tier: 0.92%, National: 0.98%)
better than tier avg
659 of 659 Community banks match · 920 nationally
→ Stable +1 banks QoQ | QoQ rank improving

Revenue Diversifier

growth
#215 of 661 • Top 32.4% in tier

Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.

Why this signature
Noninterest Income / Assets: 0.45%
(Tier: 0.57%, National: 0.66%)
but worse than tier avg
Return on Assets: 2.01%
(Tier: 1.32%, National: 1.30%)
better than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank improving

Deposit Franchise

growth
#207 of 278 • Top 74.1% in tier

Top-quartile non-interest-bearing deposits AND top-quartile NIM. A premium deposit franchise translating into above-peer spread.

Why this signature
Noninterest-Bearing Deposit Share: 32.11%
(Tier: 22.03%, National: 21.98%)
better than tier avg
Net Interest Margin: 4.74%
(Tier: 3.99%, National: 3.95%)
better than tier avg
278 of 278 Community banks match · 368 nationally
→ Stable -1 banks QoQ | QoQ rank improving

Concerns (1)

Credit Quality Pressure

risk
#55 of 1256 • Bottom 4.3% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.02%
(Tier: 0.92%, National: 0.98%)
better than tier avg
1256 of 1256 Community banks match · 1820 nationally
→ Stable -71 banks QoQ | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2643 peers in $100M-$1B

Top Strengths (7 metrics)

200
Efficiency Ratio
profitability
Value: 43.95%
Peer Median: 64.48%
#200 of 2643 Top 7.5% in $100M-$1B
293
Non-Interest Income / Assets
revenue_mix
Value: 0.45%
Peer Median: 0.57%
#293 of 2643 Top 11.0% in $100M-$1B
343
Return on Assets
profitability
Value: 2.01%
Peer Median: 1.32%
#343 of 2643 Top 12.9% in $100M-$1B
349
Net Interest Margin
profitability
Value: 4.74%
Peer Median: 3.99%
#349 of 2643 Top 13.2% in $100M-$1B
379
Non-Interest-Bearing Deposit Share
funding
Value: 32.11%
Peer Median: 22.03%
#379 of 2643 Top 14.3% in $100M-$1B
413
Nonperforming Asset Ratio
credit_quality
Value: 0.02%
Peer Median: 0.67%
#413 of 2643 Top 15.6% in $100M-$1B
433
Delinquency Rate
credit_quality
Value: 0.02%
Peer Median: 0.92%
#433 of 2633 Top 16.4% in $100M-$1B

Top Weaknesses (2 metrics)

2287
Tier 1 Capital Ratio
capital
Value: 10.24%
Peer Median: 15.91%
#2287 of 2643 Bottom 13.5% in $100M-$1B
2223
Loan-to-Deposit Ratio
liquidity
Value: 95.19%
Peer Median: 77.95%
#2223 of 2643 Bottom 15.9% in $100M-$1B
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