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Baldwin State Bank, The

Baldwin City, KS · Cert 10906 · Baldwin Bancshares Inc.

State charter, non-member · FDIC · 2 branches

Q2 2026

$115.5MAssets
$48.0MLoans
$102.6MDeposits
$11.1MEquity
Loan mix
85%RE $38.6M12%C&I $5.3M3%Consumer $1.5MQ2 2025Q2 2026
Deposit mix
75%Interest-bearing $76.7M25%Noninterest $25.9MQ2 2025Q2 2026

NIM

4.19%Q2 ’244.53%Q2 ’254.61%Q2 ’26+19%+4%

Non-interest income vs. expense

2.05%Q2 ’242.25%Q2 ’252.14%Q2 ’26+15%-8%

Market Position · Lawrence, KS · 2026 SOD (annual) · 2.9% share · #9 of 22 inst. · $0.1B of $3.6B

Executive Summary

  • Earnings: ROA of 0.96%, up 21 bps year over year; NIM at 2.95%.
  • Asset quality: problem loans at 0.04% of loans (-6 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 10.14%, down 5 bps from a year ago.
  • Funding: loans stand at 46.76% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.96%+21 bps YoY

Net Interest Margin (quarter, annualized)

2.95%+10 bps YoY

Efficiency Ratio (quarter, annualized)

63.66%-603 bps YoY

Tier 1 Leverage Ratio

10.14%-5 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.75%0.97%0.57%0.63%0.96%+21 bps
Return on Equity7.82%9.70%5.38%6.03%9.82%+200 bps
Net Interest Margin2.84%2.98%2.98%2.90%2.95%+10 bps
Efficiency Ratio69.68%62.98%78.33%75.17%63.66%-603 bps
Non-Interest Burden1.87%1.75%2.25%2.10%1.72%-14 bps
Growth
Asset Growth (YoY)4.85%4.90%4.70%1.63%5.69%+83 bps
Loan Growth (YoY)3.87%8.04%3.02%-2.25%-1.22%-509 bps
Deposit Growth (YoY)4.15%4.67%7.04%1.16%5.96%+181 bps
Asset Quality
Nonperforming Loans / Loans0.09%0.09%0.08%0.05%0.04%-6 bps
Net Charge-Offs / Loans0.07%-0.02%0.02%-0.01%-0.02%-8 bps
Allowance / Loans1.32%1.30%1.32%1.35%1.34%+2 bps
Allowance Coverage of NPLs14.2x14.2x17.3x29.1x37.8x+23.6x
Capital
Tier 1 Leverage Ratio10.19%10.11%10.60%10.46%10.14%-5 bps
Total Risk-Based Capital10.19%10.11%10.60%10.46%10.14%-5 bps
Equity / Assets9.70%10.29%10.80%10.02%9.59%-10 bps
Liquidity & Funding
Loans / Deposits50.17%51.79%52.49%49.80%46.76%-340 bps
Liquid Assets / Assets15.48%9.19%7.79%10.75%10.68%-480 bps
CRE / Total Capitaln/a70.94%66.99%62.58%n/an/a