Wyoming Banks

Return on assets reached 1.34% in Q2 2026, 10 basis points above the national benchmark of 1.24%. Net interest margin of 3.97% exceeded the national 3.87% by 10 basis points, and the efficiency ratio of 63.00% came in 11 basis points below the national 63.11%, indicating marginally tighter expense discipline. Without prior-quarter or prior-year comparisons, the direction and acceleration of these metrics cannot be assessed, but the current snapshot positions Wyoming banks in the top quartile of U.S. profitability on both ROA and NIM.

Two ways to measure profitability. The 1.34% ROA is an asset-weighted aggregate across 24 institutions; individual bank performance may vary, but no per-bank distribution data is available for Wyoming. The 3.97% NIM reflects the spread between interest income and interest expense as a percentage of earning assets, and the 10-basis-point advantage over national likely stems from Wyoming's loan mix and deposit-funding cost structure. The efficiency ratio of 63.00% means that for every dollar of revenue, 63 cents goes to noninterest expense—operationally in line with the national median. The profitability edge is driven by the margin, not by operating leverage. Loan growth of 6.39% outpaced deposit growth of 3.96%, yet the loan-to-deposit ratio of 64.34% remains 13.14 percentage points below national, so the NIM advantage is not a function of aggressive loan-to-deposit deployment but rather pricing discipline on both sides of the balance sheet.

No specialization or tier breakdown is available for the Wyoming cohort. Nationally, Credit Card specialists post NIM of 13.59%, Mortgage specialists 3.28%, and Commercial banks 3.97%—Wyoming's 3.97% aggregate matches the national Commercial-bank figure, consistent with the state's commercial and agricultural lending base. If Wyoming's loan portfolio tilts toward commercial real estate and agricultural operating lines—both typically higher-margin products than residential mortgages—the NIM advantage is structurally embedded. The 10-basis-point ROA edge over national, combined with the 11-basis-point efficiency advantage, suggests that Wyoming banks are translating margin into bottom-line earnings without material expense bloat.

Asset growth registered 4.85% in Q2 2026, 31 basis points below the national benchmark of 5.17%. Loan growth of 6.39% exceeded the national 6.16% by 23 basis points, while deposit growth of 3.96% lagged the national 4.93% by 97 basis points—the widest gap among the three growth metrics. Without prior-period data, the pace of acceleration or deceleration cannot be determined, but the current snapshot shows Wyoming banks expanding loans faster than the national industry while growing deposits more slowly, a pattern that mechanically compresses the loan-to-deposit ratio over time if sustained.

The 6.39% loan growth outpacing 3.96% deposit growth by 243 basis points indicates that Wyoming banks are either drawing down liquidity buffers or accessing wholesale funding to support loan expansion. The loan-to-deposit ratio of 64.34%—13.14 percentage points below the national 77.48%—provides ample room for this dynamic to continue before funding constraints bind. Asset growth of 4.85% sits between loan and deposit growth, reflecting the net effect of loan expansion, deposit accumulation, and shifts in cash and securities holdings. The 31-basis-point lag versus national asset growth suggests that Wyoming banks are not aggressively expanding their balance sheets through securities purchases or other non-loan assets, focusing instead on core lending activity.

No tier or specialization breakdown is available for Wyoming's 24-bank cohort. Nationally, banks with under $100 million in assets and those with $100 million to $1 billion in assets tend to show loan growth volatility tied to local economic cycles, while banks with $1 billion to $10 billion in assets often exhibit more stable, diversified growth. Wyoming's statewide figures likely reflect a mix of community banks serving agricultural and energy-dependent markets, where loan demand is sensitive to commodity prices and seasonal working-capital needs. If deposit growth continues to lag loan growth by the current 243-basis-point spread, the loan-to-deposit ratio will rise toward the national 77.48% over subsequent quarters, but the trajectory and timeline cannot be quantified without historical series data.

Delinquency stood at 0.33% in Q2 2026, 38 basis points below the national benchmark of 0.71%, and the non-performing-asset ratio of 0.22% came in 30 basis points below the national 0.52%. Tier 1 capital of 14.79% exceeded the national 14.26% by 53 basis points, indicating a well-capitalized cohort with below-average credit stress. Without prior-quarter or prior-year comparisons, the direction and acceleration of these risk metrics cannot be assessed, but the current snapshot positions Wyoming banks in the lower quartile of U.S. delinquency and NPA ratios and the upper quartile of capital adequacy.

The 0.33% delinquency rate means that 33 basis points of total loans are past due but not yet classified as non-performing, roughly half the national rate. The 0.22% NPA ratio—loans on non-accrual status plus foreclosed real estate—is similarly compressed, at less than half the national 0.52%. The mechanical relationship between delinquency and NPA is straightforward: lower delinquency today typically forecasts lower charge-offs tomorrow, assuming workout and collection practices remain stable. The 53-basis-point Tier 1 capital cushion above national provides loss-absorption capacity equivalent to roughly $53 million per $10 billion in assets, a material buffer against credit deterioration if commodity-cycle downturns stress agricultural or energy portfolios.

No tier or specialization breakdown is available for Wyoming's 24-bank cohort. Nationally, Agricultural specialists show delinquency of 0.66%, Commercial banks 0.70%, and Credit Card specialists 2.30%—Wyoming's 0.33% aggregate sits well below all three, suggesting either a conservative underwriting posture or favorable local credit conditions in Q2 2026. The state's energy and agricultural sectors are cyclically sensitive, yet the current delinquency and NPA figures show no signs of stress. If Wyoming's loan portfolio tilts toward commercial real estate and agricultural operating lines, the 0.33% delinquency rate implies that borrowers are current on payments despite commodity-price volatility. The 14.79% Tier 1 capital ratio provides a 479-basis-point cushion above the regulatory 10% well-capitalized threshold, leaving substantial room for organic growth or credit-cycle stress without breaching regulatory minimums.

Wyoming banks held a loan-to-deposit ratio of 64.34% in Q2 2026, 13.14 percentage points below the national benchmark of 77.48%. This marks a conservative lending posture relative to the deposit base, with substantial liquidity held in excess of loan demand. The absence of prior-period data prevents quarter-over-quarter or year-over-year trend analysis, but the current snapshot indicates that Wyoming institutions are funding less than two-thirds of deposits into loans, compared to the national industry standard of over three-quarters.

Noninterest-bearing deposit share stood at 21.85%, 26 basis points above the national 21.60%. Net interest income as a percentage of revenue registered 0.52%, 14 basis points below the national 0.66%. The higher NIB share suggests a modest funding-cost advantage, yet the lower NII-to-revenue ratio indicates that noninterest income sources—fees, service charges, or other revenue streams—contribute a larger share of total revenue than at the typical U.S. bank. The mechanical relationship is straightforward: deposit growth of 3.96% trailed loan growth of 6.39%, yet the loan-to-deposit ratio remains well below national norms because the starting deposit base was large relative to loan balances.

No tier or specialization gradient is available for Wyoming's 24-bank cohort in the data provided. The statewide figures reflect a blend of community commercial banks and agricultural lenders typical of the Rocky Mountain region. The 13.14-percentage-point LDR gap versus national suggests that Wyoming banks either face constrained loan demand in local markets or maintain deliberate excess liquidity as a buffer against commodity-cycle volatility in energy and agriculture. If deposit growth continues to lag loan growth at the current 243-basis-point spread, the LDR will rise toward national norms, but the trajectory cannot be quantified without historical series data.