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Somerset Trust Company

Somerset, PA · Cert 11112 · Somerset Trust Holding Co.

State charter, non-member · FDIC · 48 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets operating regionally3

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 $1B-$10B in assets operating regionally (n=176). 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

39

Q2 2024Q2 2026peer median (50)

Asset Quality

25

Q2 2024Q2 2026peer median (50)

Profitability

64

Q2 2024Q2 2026peer median (50)

Liquidity

51

Q2 2024Q2 2026peer median

Efficiency

28

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

Somerset Trust Company

Somerset, PA · Cert 11112 · Somerset Trust Holding Co.

State charter, non-member · FDIC · 48 branches

Q2 2026

$2.5BAssets
$1.6BLoans
$2.0BDeposits
$200.7MEquity
Loan mix
77%RE $1.2B20%C&I $0.3B3%Consumer $0.1BQ2 2025Q2 2026
Deposit mix
78%Interest-bearing $1.6B22%Noninterest $0.4BQ2 2025Q2 2026

NIM

5.25%Q2 ’245.41%Q2 ’255.52%Q2 ’26+2%+11%

Non-interest income vs. expense

3.09%Q2 ’242.95%Q2 ’253.15%Q2 ’26-4%+8%

Market Position · Pittsburgh, PA · 2026 SOD (annual) · 0.3% share · #18 of 48 inst. · $0.7B of $209.3B

50.2% Somerset
3.3% Westmoreland
11.0% Fayette
6.6% Cambria

Executive Summary

  • Earnings: ROA of 1.16%, up 17 bps year over year; NIM at 3.96%.
  • Asset quality: problem loans at 1.49% of loans (-85 bps YoY), with net charge-offs at 0.12%.
  • Capital: tier 1 leverage ratio of 9.10%, up 54 bps from a year ago.
  • Funding: loans stand at 81.30% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.16%+17 bps YoY

Net Interest Margin (YTD, annualized)

3.96%+40 bps YoY

Efficiency Ratio (YTD, annualized)

66.33%-195 bps YoY

Tier 1 Leverage Ratio

9.10%+54 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.99%1.04%1.04%1.10%1.16%+17 bps
Return on Equity15.10%15.46%15.02%14.37%14.77%-32 bps
Net Interest Margin3.56%3.45%3.56%3.74%3.96%+40 bps
Efficiency Ratio68.28%67.71%67.87%69.71%66.33%-195 bps
Non-Interest Burden2.19%2.09%2.16%2.37%2.36%+17 bps
Growth
Asset Growth (YoY)6.60%5.87%5.39%2.72%0.76%-584 bps
Loan Growth (YoY)10.35%8.37%4.43%3.70%-1.16%-1,151 bps
Deposit Growth (YoY)7.63%8.25%6.65%3.67%-0.76%-840 bps
Asset Quality
Nonperforming Loans / Loans2.34%1.84%2.11%1.49%1.49%-85 bps
Net Charge-Offs / Loans0.06%0.05%0.06%0.16%0.12%+7 bps
Allowance / Loans1.24%1.28%1.32%1.31%1.33%+8 bps
Allowance Coverage of NPLs0.5x0.7x0.6x0.9x0.9x+0.4x
Capital
Tier 1 Leverage Ratio8.56%8.42%8.64%8.96%9.10%+54 bps
Total Risk-Based Capital12.44%12.63%13.35%13.52%13.97%+153 bps
Equity / Assets6.45%7.15%7.73%7.63%8.13%+168 bps
Liquidity & Funding
Loans / Deposits81.62%79.88%80.29%80.74%81.30%-32 bps
Liquid Assets / Assets0.87%1.93%0.56%0.92%0.34%-52 bps
CRE / Total Capitaln/a363%347%341%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

Somerset Trust Company

Somerset, PA · Cert 11112 · Peer group: banks $1B-$10B in assets operating regionally (n=176) · Somerset Trust Holding Co.

State charter, non-member · FDIC · 48 branches

Q2 2026

$2.5BAssets
$1.6BLoans
$2.0BDeposits
$200.7MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 78% of banks $1B-$10B in assets operating regionally (rank 39 of 176).
  • Widest gap: equity / assets trails 90% of banks $1B-$10B in assets operating regionally (rank 159 of 176).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.15%

Rank 103 of 176

Net Interest Margin

3.96%

Rank 39 of 176

Efficiency Ratio

66.33%

Rank 127 of 176

Equity / Assets

8.13%

Rank 159 of 176

Non-interest income vs. expense

$20.0M$79.1MINCOMEEXPENSE
Unfavorable gap of $59.1M · efficiency ratio beats 28% of banks $1B-$10B in assets operating regionally
Bank 66.33%Peer median 59.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.15%0.93%1.26%1.54%Beats 41%103 / 176
Return on Equity14.17%9.26%11.89%14.46%Beats 72%50 / 176
Net Interest Margin3.96%3.25%3.59%3.93%Beats 78%39 / 176
Efficiency Ratio66.33%52.79%59.55%67.66%Beats 28%127 / 176
Asset Quality
Nonperforming Loans / Loans1.49%0.30%0.64%1.32%Beats 17%147 / 176
Net Charge-Offs / Loans0.08%0.01%0.04%0.10%Beats 33%119 / 176
Capital
Tier 1 Capital Ratio12.72%11.15%12.72%14.15%Beats 50%88 / 176
Total Risk-Based Capital Ratio13.97%11.81%13.63%15.33%Beats 56%77 / 176
Equity / Assets8.13%9.16%10.35%11.80%Beats 10%159 / 176
Liquidity & Funding
Loans / Deposits81.30%80.94%89.73%97.21%26th pctl130 / 176
Loans / Assets65.79%69.25%75.12%80.82%15th pctl149 / 176
Brokered Deposits / Depositsn/aNot reported for this institution