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Wadena State Bank

$100M-$1B Specialty: Commercial MN FDIC cert 13430

Wadena, 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 +3.1% year over year ($187.9M on the books).
  • Delinquency rate 0.04%.
  • Return on assets 1.85%.
  • Efficiency ratio 54.70% vs a 64.48% peer average.
  • Loan-to-deposit ratio 69.37% 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) →

Wadena State Bank has 4 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

  • + Profitability Leader: Top 47.2% in tier
  • + Net Interest Margin 0.42% above tier average
  • + Efficiency Ratio 9.78% below tier average
  • + Delinquency Rate 0.88% below tier average

Key Concerns

Areas that may need attention

  • - Capital Thin: Bottom 13.9% in tier
Get updates when Wadena 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 ? $206.6M
+1.1% YoY +1.1% QoQ
-$179.9M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
28%
Total Loans ? $130.3M
-2.2% YoY -3.7% QoQ
-$128.0M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
29%
Total Deposits ? $187.9M
+3.1% YoY +1.1% QoQ
-$138.9M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
31%
Return on Assets ? 1.85%
+20.8% YoY +16.3% QoQ
+0.53% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
83%
Net Interest Margin ? 4.40%
+4.0% YoY +1.0% QoQ
+0.42% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
75%
Efficiency Ratio ? 54.70%
-9.2% YoY -7.7% QoQ
-9.78% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
73%
Delinquency Rate ? 0.04%
-91.3% YoY -89.8% QoQ
-0.88% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
81%
Loan-to-Deposit Ratio ? 69.37%
-5.1% YoY -4.7% QoQ
-8.58% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
70%
Non-Interest-Bearing Deposit Share ? 21.57%
-0.6% YoY +3.2% QoQ
-0.46% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
53%
Nonperforming Asset Ratio ? 0.08%
-75.5% YoY -76.1% QoQ
-0.59% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
75%
Tier 1 Capital Ratio ? 9.84%
+3.0% YoY +3.8% QoQ
-6.06% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
Bottom 8.7% in tier
Non-Interest Income / Assets ? 0.15%
-3.8% YoY +106.6% QoQ
-0.42% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
35%

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 21.6%
-0.1pp YoY
+0.7pp QoQ
 -0.6pp 22.1% 21.9% 22.2% 52%
Brokered Deposits n/a n/a 7.9% 8.3% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
C&I 19.3%
-1.1pp YoY
+0.1pp QoQ
 +7.8pp 11.6% 14.6% 12.5% 87%
CRE 23.0%
-1.5pp YoY
+0.6pp QoQ
 -16.6pp 39.5% 36.5% 41.4% 23%
1-4 Family 34.2%
+4.6pp YoY
+0.6pp QoQ
 +1.5pp 32.6% 29.4% 31.3% 60%
Consumer 3.8%
+0.3pp YoY
+0.4pp QoQ
 -0.3pp 4.1% 4.5% 5.0% 68%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio n/a n/a 18.8% 16.5% 19.7% n/a
Leverage Ratio 9.8%
+0.3pp YoY
+0.4pp QoQ
 -2.3pp 12.2% 11.0% 12.6% 28%
Total Capital Ratio n/a n/a 19.9% 17.6% 20.8% n/a

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 31
+1 (+3.3%) YoY
0 QoQ
 -28 58 55 482 28%
Assets per Employee ($) $6.7M
-2.2% YoY
+1.1% QoQ
 -$852K $7.5M $8.6M $8.8M 46%
Branch Count 4
0 YoY
0 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 0.0%
-0.4pp YoY
-0.4pp QoQ
 -0.3pp 0.3% 0.4% 0.4% 33%
Nonaccrual 0.0% -0.9pp 0.9% 1.0% 1.0% 2%
Allowance Coverage 23.68x
+1100.3% YoY
+933.5% QoQ
 -0.47x 24.15x 20.41x 20.23x 89%
Net Charge-off Rate (YTD) -0.0%
0.0pp YoY
 -0.2pp 0.1% 0.2% 0.2% 8%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 21.4%
+1.9pp YoY
+3.0pp QoQ
 +9.2pp 12.2% 13.1% 11.6% 91%
Cost of Funds (YTD) 1.5%
-0.1pp YoY
0.0pp QoQ
 -0.3pp 1.7% 1.7% 1.7% 34%
Net Income ($, YTD) $1.9M
+22.9% YoY
— QoQ
 -$648K $2.6M $4.5M $40.4M 50%

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 (1)

Profitability Leader

growth
#313 of 661 • Top 47.2% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature
Return on Assets: 1.85%
(Tier: 1.32%, National: 1.30%)
better than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable

Concerns (1)

Capital Thin

risk
#93 of 661 • Bottom 13.9% in tier

Tier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.

Why this signature
Tier 1 Capital Ratio: 9.84%
(Tier: 15.91%, National: 17.09%)
worse than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | 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 (3 metrics)

463
Return on Assets
profitability
Value: 1.85%
Peer Median: 1.32%
#463 of 2643 Top 17.5% in $100M-$1B
506
Delinquency Rate
credit_quality
Value: 0.04%
Peer Median: 0.92%
#506 of 2633 Top 19.2% in $100M-$1B
659
Net Interest Margin
profitability
Value: 4.40%
Peer Median: 3.99%
#659 of 2643 Top 24.9% in $100M-$1B

Top Weaknesses (1 metrics)

2414
Tier 1 Capital Ratio
capital
Value: 9.84%
Peer Median: 15.91%
#2414 of 2643 Bottom 8.7% in $100M-$1B
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