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Prinsbank

Prinsburg, MN · Cert 10191 · PSB Financial Shares Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in MN3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets in MN (n=111 to 113). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

74

Q2 2024Q2 2026peer median (50)

Asset Quality

36

Q2 2024Q2 2026peer median (50)

Profitability

90

Q2 2024Q2 2026peer median (50)

Liquidity

82

Q2 2024Q2 2026peer median

Efficiency

43

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Prinsbank

Prinsburg, MN · Cert 10191 · PSB Financial Shares Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

$308.3MAssets
$189.2MLoans
$262.9MDeposits
$37.7MEquity
Loan mix
90%RE $156.0M9%C&I $15.3M1%Consumer $1.8MQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $210.4M20%Noninterest $52.4MQ2 2025Q2 2026

NIM

6.78%Q2 ’246.46%Q2 ’256.18%Q2 ’26-4%+3%

Non-interest income vs. expense

3.36%Q2 ’243.77%Q2 ’253.19%Q2 ’26-1%+40%

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.0% share · #109 of 125 inst. · $0.1B of $253.2B

7.1% Kandiyohi
6.2% McLeod
0.0% Hennepin

Executive Summary

  • Earnings: ROA of 2.83%, up 103 bps year over year; NIM at 4.33%.
  • Asset quality: problem loans at 0.29% of loans (-187 bps YoY), with net charge-offs at 0.19%.
  • Capital: tier 1 leverage ratio of 11.99%, down 329 bps from a year ago.
  • Funding: loans stand at 71.98% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.83%+103 bps YoY

Net Interest Margin (YTD, annualized)

4.33%+11 bps YoY

Efficiency Ratio (YTD, annualized)

56.23%-411 bps YoY

Tier 1 Leverage Ratio

11.99%-329 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.80%1.91%1.83%1.74%2.83%+103 bps
Return on Equity11.94%13.31%13.23%14.96%23.86%+1,192 bps
Net Interest Margin4.21%4.52%4.66%4.43%4.33%+11 bps
Efficiency Ratio60.34%62.73%63.57%53.41%56.23%-411 bps
Non-Interest Burden1.74%1.93%2.09%2.36%2.44%+70 bps
Growth
Asset Growth (YoY)14.44%2.22%2.78%35.65%39.28%+2,484 bps
Loan Growth (YoY)-3.25%-0.44%9.49%43.63%44.35%+4,759 bps
Deposit Growth (YoY)15.53%6.51%7.33%40.81%43.74%+2,821 bps
Asset Quality
Nonperforming Loans / Loans2.16%0.82%0.67%1.34%0.29%-187 bps
Net Charge-Offs / Loans-1.03%-0.72%-0.62%-0.35%0.19%+122 bps
Allowance / Loans9.19%8.51%8.36%7.01%5.50%-369 bps
Allowance Coverage of NPLs4.2x10.3x12.4x5.3x18.7x+14.5x
Capital
Tier 1 Leverage Ratio15.29%11.06%11.89%10.76%11.99%-329 bps
Total Risk-Based Capital24.44%17.28%17.35%18.01%18.89%-555 bps
Equity / Assets14.88%11.97%11.74%11.61%12.23%-265 bps
Liquidity & Funding
Loans / Deposits71.68%86.06%82.42%72.69%71.98%+30 bps
Liquid Assets / Assets2.01%23.17%25.06%27.14%26.80%+2,479 bps
CRE / Total Capitaln/a485%484%405%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Prinsbank

Prinsburg, MN · Cert 10191 · Peer group: banks under $1B in assets in MN (n=111-113) · PSB Financial Shares Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

$308.3MAssets
$189.2MLoans
$262.9MDeposits
$37.7MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 97% of banks under $1B in assets in MN (rank 3 of 113).
  • Widest gap: net charge-offs / loans trails 90% of banks under $1B in assets in MN (rank 101 of 111).
  • Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

2.50%

Rank 5 of 113

Net Interest Margin

4.33%

Rank 27 of 113

Efficiency Ratio

63.17%

Rank 65 of 113

Equity / Assets

12.23%

Rank 27 of 113

Non-interest income vs. expense

$2.3M$9.6MINCOMEEXPENSE
Unfavorable gap of $7.3M · efficiency ratio beats 43% of banks under $1B in assets in MN
Bank 63.17%Peer median 61.5%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets2.50%0.87%1.20%1.41%Beats 96%5 / 113
Return on Equity20.41%8.92%11.27%13.99%Beats 97%3 / 113
Net Interest Margin4.33%3.42%3.88%4.31%Beats 76%27 / 113
Efficiency Ratio63.17%54.13%61.48%69.86%Beats 43%65 / 113
Asset Quality
Nonperforming Loans / Loans0.29%0.09%0.58%1.82%Beats 62%43 / 111
Net Charge-Offs / Loans0.22%n/a0.00%0.04%Beats 10%101 / 111
Capital
Tier 1 Capital Ratio17.59%11.53%13.31%18.13%Beats 73%30 / 113
Total Risk-Based Capital Ratio18.89%12.12%14.43%19.39%Beats 73%30 / 113
Equity / Assets12.23%8.52%10.10%11.94%Beats 76%27 / 113
Liquidity & Funding
Loans / Deposits71.98%62.08%77.32%88.06%40th pctl67 / 111
Loans / Assets61.38%55.01%66.35%75.50%38th pctl70 / 113
Brokered Deposits / Depositsn/aNot reported for this institution