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Luminate Bank

$100M-$1B Specialty: Commercial MN FDIC cert 16635

Minneapolis, MN

2 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 +20.0% year over year ($412.7M on the books).
  • Delinquency rate 2.36%.
  • Return on assets 3.07%.
  • Efficiency ratio 90.03% vs a 64.48% peer average.
  • Loan-to-deposit ratio 108.83% 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) →

Luminate Bank has 2 strengths but faces 6 concerns

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

  • + Revenue Diversifier: Top 0.9% in tier
  • + Profitability Leader: Top 9.4% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Ratio 25.55% above tier average
  • - Delinquency Rate 1.44% above tier average
  • - Loan-to-Deposit Ratio 30.88% above tier average
  • - Non-Interest-Bearing Deposit Share 20.27% below tier average
  • - Nonperforming Asset Ratio 1.67% above tier average
  • - Net Interest Margin 0.35% below tier average
Get updates when Luminate 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 ? $554.5M
+34.4% YoY +7.2% QoQ
+$167.9M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
77%
Total Loans ? $449.2M
+34.9% YoY +8.5% QoQ
+$190.8M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
84%
Total Deposits ? $412.7M
+20.0% YoY -2.0% QoQ
+$86.0M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
71%
Return on Assets ? 3.07%
+20.9% YoY -1.5% QoQ
+1.74% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
Top 1.8% in tier
Net Interest Margin ? 3.64%
+9.6% YoY -0.3% QoQ
-0.35% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
34%
Efficiency Ratio ? 90.03%
+4.1% YoY +0.8% QoQ
+25.55% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
Bottom 5.8% in tier
Delinquency Rate ? 2.36%
-35.9% YoY +16.0% QoQ
+1.44% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
Bottom 9.7% in tier
Loan-to-Deposit Ratio ? 108.83%
+12.4% YoY +10.7% QoQ
+30.88% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
Bottom 3.6% in tier
Non-Interest-Bearing Deposit Share ? 1.76%
+0.5% YoY -9.9% QoQ
-20.27% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
Bottom 1.4% in tier
Nonperforming Asset Ratio ? 2.34%
-21.2% YoY +27.6% QoQ
+1.67% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
Bottom 5.3% in tier
Tier 1 Capital Ratio ? 12.73%
+6.1% YoY -2.5% QoQ
-3.17% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
44%
Non-Interest Income / Assets ? 14.65%
+10.5% YoY +101.1% QoQ
+14.09% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
Top 0.4% 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 1.8%
0.0pp YoY
-0.2pp QoQ
 -20.4pp 22.1% 21.9% 22.2% 1%
Brokered Deposits 0.7%
-5.2pp YoY
-0.8pp QoQ
 -7.1pp 7.9% 8.3% 8.5% 14%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
C&I 8.7%
-8.1pp YoY
-1.1pp QoQ
 -2.9pp 11.6% 14.6% 12.5% 44%
CRE 23.9%
+6.1pp YoY
+1.6pp QoQ
 -15.6pp 39.5% 36.5% 41.4% 25%
1-4 Family 68.2%
+1.3pp YoY
-0.5pp QoQ
 +35.6pp 32.6% 29.4% 31.3% 94%
Consumer 0.1%
0.0pp YoY
0.0pp QoQ
 -4.0pp 4.1% 4.5% 5.0% 6%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio 12.7%
+0.7pp YoY
-0.3pp QoQ
 -6.1pp 18.8% 16.5% 19.7% 24%
Leverage Ratio 10.4%
+0.1pp YoY
+0.4pp QoQ
 -1.8pp 12.2% 11.0% 12.6% 39%
Total Capital Ratio 13.8%
+0.5pp YoY
-0.4pp QoQ
 -6.1pp 19.9% 17.6% 20.8% 24%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 745
+158 (+26.9%) YoY
+24 (+3.3%) QoQ
 +686 58 55 482 100%
Assets per Employee ($) $744,313
+5.9% YoY
+3.7% QoQ
 -$6.8M $7.5M $8.6M $8.8M 0%
Branch Count 2
0 YoY
0 QoQ
 -3 4 4 18 11%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Past Due 90+ Days 0.0% -0.3pp 0.3% 0.4% 0.4% 12%
Nonaccrual 2.4%
-1.3pp YoY
+0.3pp QoQ
 +1.4pp 0.9% 1.0% 1.0% 90%
Allowance Coverage 0.41x
-3.1% YoY
-17.5% QoQ
 -23.74x 24.15x 20.41x 20.23x 7%
Net Charge-off Rate (YTD) 0.5%
-4.0pp YoY
-0.4pp QoQ
 +0.4pp 0.1% 0.2% 0.2% 94%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 31.3%
+7.5pp YoY
-0.6pp QoQ
 +19.1pp 12.2% 13.1% 11.6% 98%
Cost of Funds (YTD) 3.5%
+0.4pp YoY
+0.6pp QoQ
 +1.7pp 1.7% 1.7% 1.7% 100%
Net Income ($, YTD) $8.1M
+75.6% YoY
— QoQ
 +$5.5M $2.6M $4.5M $40.4M 97%

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 (2)

Revenue Diversifier

growth
#7 of 661 • Top 0.9% 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: 14.65%
(Tier: 0.57%, National: 0.66%)
better than tier avg
Return on Assets: 3.07%
(Tier: 1.32%, National: 1.30%)
better than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable

Profitability Leader

growth
#63 of 661 • Top 9.4% in tier

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

Why this signature
Return on Assets: 3.07%
(Tier: 1.32%, National: 1.30%)
better than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank declining

Concerns (0)

No matched concern signatures this quarter

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 (4 metrics)

12
Non-Interest Income / Assets
revenue_mix
Value: 14.65%
Peer Median: 0.57%
#12 of 2643 Top 0.4% in $100M-$1B
48
Return on Assets
profitability
Value: 3.07%
Peer Median: 1.32%
#48 of 2643 Top 1.8% in $100M-$1B
428
Total Loans
size
Value: $449.18M
Peer Median: $258.35M
#428 of 2643 Top 16.2% in $100M-$1B
616
Total Assets
size
Value: $554.51M
Peer Median: $386.57M
#616 of 2643 Top 23.3% in $100M-$1B

Top Weaknesses (5 metrics)

2606
Non-Interest-Bearing Deposit Share
funding
Value: 1.76%
Peer Median: 22.03%
#2606 of 2643 Bottom 1.4% in $100M-$1B
2548
Loan-to-Deposit Ratio
liquidity
Value: 108.83%
Peer Median: 77.95%
#2548 of 2643 Bottom 3.6% in $100M-$1B
2504
Nonperforming Asset Ratio
credit_quality
Value: 2.34%
Peer Median: 0.67%
#2504 of 2643 Bottom 5.3% in $100M-$1B
2491
Efficiency Ratio
profitability
Value: 90.03%
Peer Median: 64.48%
#2491 of 2643 Bottom 5.8% in $100M-$1B
2378
Delinquency Rate
credit_quality
Value: 2.36%
Peer Median: 0.92%
#2378 of 2633 Bottom 9.7% in $100M-$1B
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