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Keen Bank, National Association

$100M-$1B Specialty: Commercial MN FDIC cert 5270

Waseca, MN

3 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 +7.2% year over year ($181.5M on the books).
  • Delinquency rate 0.06%.
  • Return on assets 2.04%.
  • Efficiency ratio 56.49% vs a 64.48% peer average.
  • Loan-to-deposit ratio 80.88% 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) →

Keen Bank, National Association shows strong momentum with 4 strengths and 7.2% YoY asset growth

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 28.6% in tier
  • + Net Interest Margin 1.13% above tier average
  • + Efficiency Ratio 7.98% below tier average
  • + Delinquency Rate 0.86% below tier average

Key Concerns

Areas that may need attention

No key concerns identified

Get updates when Keen Bank, National Association releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $201.1M
+7.2% YoY +1.3% QoQ
-$185.5M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
27%
Total Loans ? $146.8M
+9.0% YoY +0.7% QoQ
-$111.5M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
34%
Total Deposits ? $181.5M
+7.2% YoY +1.6% QoQ
-$145.2M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
30%
Return on Assets ? 2.04%
+24.6% YoY +3.2% QoQ
+0.71% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
Top 12.5% in tier
Net Interest Margin ? 5.12%
+8.9% YoY +0.9% QoQ
+1.13% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
Top 6.5% in tier
Efficiency Ratio ? 56.49%
-10.9% YoY +0.2% QoQ
-7.98% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
68%
Delinquency Rate ? 0.06%
-43.9% YoY +87.5% QoQ
-0.86% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
78%
Loan-to-Deposit Ratio ? 80.88%
+1.7% YoY -0.8% QoQ
+2.93% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
48%
Non-Interest-Bearing Deposit Share ? 18.32%
+2.7% YoY +0.5% QoQ
-3.71% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
38%
Nonperforming Asset Ratio ? 0.04%
-43.0% YoY +86.4% QoQ
-0.63% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
80%
Tier 1 Capital Ratio ? 12.21%
+0.1% YoY -2.6% QoQ
-3.70% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
38%
Non-Interest Income / Assets ? 0.24%
-0.9% YoY +113.2% QoQ
-0.33% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
60%

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 18.3%
+0.5pp YoY
+0.1pp QoQ
 -3.8pp 22.1% 21.9% 22.2% 37%
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 8.2%
-0.5pp YoY
+0.1pp QoQ
 -3.4pp 11.6% 14.6% 12.5% 42%
CRE 30.9%
+1.2pp YoY
-0.2pp QoQ
 -8.6pp 39.5% 36.5% 41.4% 36%
1-4 Family 58.7%
-0.3pp YoY
+0.3pp QoQ
 +26.1pp 32.6% 29.4% 31.3% 89%
Consumer 1.6%
-0.3pp YoY
0.0pp QoQ
 -2.5pp 4.1% 4.5% 5.0% 41%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio 12.2%
0.0pp YoY
-0.3pp QoQ
 -6.6pp 18.8% 16.5% 19.7% 19%
Leverage Ratio 8.4%
0.0pp YoY
-0.1pp QoQ
 -3.7pp 12.2% 11.0% 12.6% 5%
Total Capital Ratio 13.5%
0.0pp YoY
-0.3pp QoQ
 -6.5pp 19.9% 17.6% 20.8% 21%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 35
-1 (-2.8%) YoY
0 QoQ
 -24 58 55 482 35%
Assets per Employee ($) $5.7M
+10.3% YoY
+1.3% QoQ
 -$1.8M $7.5M $8.6M $8.8M 28%
Branch Count 3
0 YoY
0 QoQ
 -2 4 4 18 26%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Past Due 90+ Days 0.1%
0.0pp YoY
0.0pp QoQ
 -0.3pp 0.3% 0.4% 0.4% 41%
Nonaccrual n/a n/a 0.9% 1.0% 1.0% n/a
Allowance Coverage 22.39x
+66.8% YoY
-46.5% QoQ
 -1.77x 24.15x 20.41x 20.23x 89%
Net Charge-off Rate (YTD) 0.0%
0.0pp YoY
0.0pp QoQ
 -0.1pp 0.1% 0.2% 0.2% 46%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 24.6%
+3.8pp YoY
+0.8pp QoQ
 +12.4pp 12.2% 13.1% 11.6% 96%
Cost of Funds (YTD) 1.4%
-0.1pp YoY
0.0pp QoQ
 -0.3pp 1.7% 1.7% 1.7% 28%
Net Income ($, YTD) $2.0M
+31.8% YoY
— QoQ
 -$521K $2.6M $4.5M $40.4M 53%

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
#190 of 661 • Top 28.6% in tier

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

Why this signature
Return on Assets: 2.04%
(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)

173
Net Interest Margin
profitability
Value: 5.12%
Peer Median: 3.99%
#173 of 2643 Top 6.5% in $100M-$1B
332
Return on Assets
profitability
Value: 2.04%
Peer Median: 1.32%
#332 of 2643 Top 12.5% in $100M-$1B
535
Nonperforming Asset Ratio
credit_quality
Value: 0.04%
Peer Median: 0.67%
#535 of 2643 Top 20.2% in $100M-$1B
574
Delinquency Rate
credit_quality
Value: 0.06%
Peer Median: 0.92%
#574 of 2633 Top 21.8% in $100M-$1B

Top Weaknesses (0 metrics)

No weakness rankings available
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