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Q2 2026 · read from the 30 June 2026 Call Report · United States · Mountain West · Montana, the state note

Glacier Bank

Kalispell, Montana · $31.58B in assets · beside the 11 other the Mountain West banks over $10B (the state alone holds too few in the band to rank)

The filing

267.2%
CRE / capital
12th of 12
41.7%
CRE / loans
10th of 12
1.20%
ROA
10th of 12

Glacier Bank is the second largest of the 12 the Mountain West banks nearest its size over $10B, with $31.58B in assets at 30 June 2026. Loans are 86.1% of deposits, 6th of 12 against a median of 89.5%, and equity is 13.7% of assets, 3rd of 12. Loans grew +15.2% in the year, 7th of 12, and deposits grew 14.0%; the cohort's median loan growth is +15.6%.

Noncurrent loans are 0.42% of the book, 5th of 12 against a median of 0.52%; 0.31% is 30 to 89 days past due, and the allowance covers them 2.9 times. Commercial real estate is 41.7% of loans, 10th of 12 against a median of 7.1%, and 267% of capital, below the 300% screen, with construction at 80% against the 100% screen.

Return on assets is 1.20%, 10th of 12 against a median of 1.84%, on an efficiency ratio of 60.5%, 8th of 12. Five years ago it was 1.64%. The question is which of these lines moves first over the next four quarters, and against which peer.

Commercial real estate against capital, the 300% screenMountain West banks over $10B · 30 June 2026 · lower is stronger, listed first
median 35% SM Sallie Mae Bank 0% CC Comenity Capital Bank 0% WB Wex Bank 1% BB BMW Bank of North America 1% SB Sofi Bank National Association 2% HB Happen Bank National Association 16% TF Toyota Financial Savings Bank 53% BB Beal Bank USA 64% NB NBH Bank 215% OB Optum Bank Inc 221% FI First Interstate Bank 231% GB Glacier Bank 267%
Loans, year over yearMountain West banks over $10B · 30 June 2026 · no better direction, largest first
median +15.6% TF Toyota Financial Savings Bank +59.4% SB Sofi Bank National Association +54.1% NB NBH Bank +30.5% OB Optum Bank Inc +25.3% HB Happen Bank National Association +16.9% WB Wex Bank +16.0% GB Glacier Bank +15.2% BB Beal Bank USA +10.8% BB BMW Bank of North America +8.6% CC Comenity Capital Bank +8.3% SM Sallie Mae Bank -7.0% FI First Interstate Bank -14.4%

SBA 7(a), FY2008 to FY2026

Glacier Bank is the 1st largest 7(a) lender into Idaho of 192, with $376M across 1,348 loans, 12.2% of everything approved in the state (Glacier Bank leads with $376M). 105 of its 177 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Idaho, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Kootenai, ID$160M1st of 7929.9%-7.0 pts
Spokane, WA$126M1st of 10514.9%-17.4 pts
Salt Lake, UT$106M11th of 1643.5%-0.3 pts
Harris, TX$103M20th of 3141.3%-0.2 pts
Utah, UT$80M4th of 1355.5%-0.2 pts
Ada, ID$70M5th of 1336.3%-9.4 pts
Yellowstone, MT$46M2nd of 5813.5%-9.0 pts
Missoula, MT$37M1st of 5524.7%-8.5 pts
Bonner, ID$28M2nd of 3121.4%+1.4 pts
Canyon, ID$27M3rd of 629.3%-22.3 pts
Lewis And Clark, MT$25M1st of 3320.3%-1.7 pts
Gallatin, MT$24M3rd of 798.0%+6.0 pts
Dallas, TX$21M61st of 3140.4%quiet FY2022
164 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Accommodation & food services530$268M19.3%0.35%70th of 2,596
Retail trade562$217M15.6%0.36%56th of 2,589
Manufacturing442$173M12.5%0.44%36th of 2,246
Health care & social assistance456$166M12.0%0.35%48th of 2,172
Construction487$119M8.6%0.37%45th of 2,063
7(a) lenders into Idaho, share of approvals since FY2008192 lenders on record; the ten largest and Glacier Bank
GB Glacier Bank 12.2% $376M · 1,348 loans ZB Zions Bank, A Division of 8.9% $274M · 1,911 loans IC Idaho Central CU 6.8% $209M · 399 loans LO Live Oak Banking Company 5.4% $167M · 132 loans CB Columbia Bank 5.3% $164M · 605 loans WT Washington Trust Bank 4.8% $147M · 346 loans WF Wells Fargo Bank National Associa… 4.7% $144M · 597 loans FI First Interstate Bank 3.4% $104M · 321 loans UB U.S. Bank, National Association 3.2% $98M · 875 loans DL D. L. Evans Bank 2.7% $83M · 660 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; owner-occupied excluded; bold marks a screen met
Glacier BankRankCohort median
Total CRE against capital, the 300% screen267%12th of 1235%
Construction against capital, the 100% screen80%12th of 122%
Construction and land development, share of loans12.4%12th of 120.6%
Non-owner-occupied nonfarm nonresidential, share of loans24.3%9th of 126.3%
Total CRE, the guidance definition, share of loans41.7%10th of 127.1%
CRE growth over 36 months, the third prong+33.1%5th of 11+34.1%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Sofi Bank National Association$56.82B1.9%67.3%0.08%0.07%0.1%99.9%12.8%
Glacier Bank$31.58B1.2%60.5%0.42%0.08%1.2%86.1%13.7%
Sallie Mae Bank$28.54B2.8%33.0%0.65%1.91%6.4%103.9%10.2%
First Interstate Bank$25.79B1.2%59.7%1.12%0.17%1.3%65.7%12.6%
Optum Bank Inc$21.43B2.5%29.2%0.21%0.22%0.9%60.2%14.8%
Toyota Financial Savings Bank$16.79B0.4%80.3%0.20%0.18%1.2%65.0%10.2%
Comenity Capital Bank$13.86B1.7%56.2%3.21%7.47%11.4%107.2%13.0%
BMW Bank of North America$13.80B2.2%17.1%0.09%0.19%0.5%107.5%12.8%
NBH Bank$12.54B1.0%67.9%0.60%0.29%1.1%92.8%13.3%
Happen Bank National Association$12.48B1.8%74.4%0.82%2.07%2.7%64.9%11.5%
Beal Bank USA$11.05B8.9%6.0%0.78%-4.85%1.4%239.0%23.9%
Wex Bank$10.71B4.0%57.3%0.44%1.69%1.3%55.4%8.0%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Glacier BankCohort median
20212026Change20212026Change
Loans$11.34B$21.41B+89%$3.76B$10.09B+169%
Deposits$16.89B$24.86B+47%$6.34B$12.64B+99%
NPA / loans0.46%0.42%-0.04 pts0.45%0.52%+0.07 pts
Efficiency49.4%60.5%+11.0 pts52.4%58.5%+6.1 pts
ROA1.64%1.20%-0.44 pts1.75%1.84%+0.09 pts

This read was prepared for Glacier Bank's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on Glacier Bank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort Mountain West banks over $10B
Institution www.glacierbank.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by New England and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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