First Independent Bank: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
The standout move of Q2 2026 was in Reserve coverage of non-performing loans: 308.44 percentage points higher than in Q1 2026, at 994.14%. First Independent Bank ranks 64th of 221 Minnesota banks on return on assets, in the upper half at 1.70% (Q2 2026). First Independent Bank reported 1.70% on return on assets for Q2 2026, 0.44 points above the 1.25% median for banks in the $100M-1B asset tier.
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 12.26% |
| Tier 1 risk-based capital ratio | 12.26% |
| Total risk-based capital ratio | 13.49% |
| Tier 1 leverage ratio | 9.87% |
| Equity capital to assets | 9.68% |
| Tangible equity to tangible assets | 9.32% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 0.14% |
| Non-performing assets ratio | 0.10% |
| Net charge-off ratio | 0.03% |
| Texas ratio | 0.95% |
| Allowance for credit losses to loans | 1.38% |
| Reserve coverage of non-performing loans | 994.14% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 1.70% |
| Return on equity | 17.87% |
| Net interest margin | 3.80% |
| Efficiency ratio | 42.96% |
| Yield on earning assets | 5.50% |
| Cost of funds | 1.90% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 83.19% |
| Core deposits to total deposits | 86.76% |
| Brokered deposits to total deposits | 6.34% |
| Deposits to assets | 84.29% |
| Securities to assets | 21.61% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 12.72% | 12.72% | 13.97% | 9.06% | 1.09% |
| Q4 2023 | 12.46% | 12.46% | 13.71% | 8.85% | 0.35% |
| Q1 2024 | 11.34% | 11.34% | 12.59% | 8.44% | 0.83% |
| Q2 2024 | 10.60% | 10.60% | 11.58% | 8.58% | 0.82% |
| Q3 2024 | 10.52% | 10.52% | 11.59% | 8.37% | 0.88% |
| Q4 2024 | 10.32% | 10.32% | 11.35% | 8.41% | 0.68% |
| Q1 2025 | 10.59% | 10.59% | 11.65% | 8.59% | 0.90% |
| Q2 2025 | 11.56% | 11.56% | 12.73% | 9.05% | 1.56% |
| Q3 2025 | 9.99% | 9.99% | 11.02% | 8.03% | 1.01% |
| Q4 2025 | 10.31% | 10.31% | 11.34% | 8.03% | 0.95% |
| Q1 2026 | 12.31% | 12.31% | 13.35% | 9.89% | 1.39% |
| Q2 2026 | 12.26% | 12.26% | 13.49% | 9.87% | 1.70% |
First Independent Bank vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock First Independent Bank, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full First Independent Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1900) · FFIEC NIC profile (RSSD 761851)