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Ashton State Bank

Ashton, IA · Cert 11343 · Ashton Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$54.5MAssets
$34.6MLoans
$44.5MDeposits
$6.6MEquity
Loan mix
71%RE $19.0M22%C&I $5.9M7%Consumer $2.0MQ3 2024Q2 2026
Deposit mix
90%Interest-bearing $39.9M10%Noninterest $4.7MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.15%, up 10 bps year over year; NIM at 3.35%.
  • Asset quality: problem loans at 0.88% of loans (-308 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 14.70%, up 56 bps from a year ago.
  • Funding: loans stand at 77.64% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.15%+10 bps YoY

Net Interest Margin (YTD, annualized)

3.35%+41 bps YoY

Efficiency Ratio (YTD, annualized)

55.64%-216 bps YoY

Tier 1 Leverage Ratio

14.70%+56 bps YoY

NIM

4.81%Q2 ’245.06%Q2 ’255.11%Q2 ’26+8%+14%

Non-interest income vs. expense

1.92%Q2 ’241.85%Q2 ’251.97%Q2 ’26-5%+12%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.76%0.72%0.91%1.05%1.16%1.14%1.04%1.15%+10 bps
Return on Equity7.70%7.34%9.48%10.55%11.17%10.72%9.01%9.84%-72 bps
Net Interest Margin2.66%2.65%2.81%2.94%3.04%3.08%3.29%3.35%+41 bps
Efficiency Ratio66.94%67.59%62.06%57.79%55.16%56.82%61.26%55.64%-216 bps
Non-Interest Burden1.70%1.70%1.65%1.59%1.55%1.63%1.95%1.78%+19 bps
Growth
Asset Growth (YoY)6.84%2.96%1.90%-0.64%-3.46%-4.00%-0.54%-0.08%+55 bps
Loan Growth (YoY)9.84%7.99%5.17%-4.61%-8.84%-9.05%-5.42%-1.47%+314 bps
Deposit Growth (YoY)1.43%9.56%5.32%2.67%3.69%-2.83%-2.05%-1.47%-415 bps
Asset Quality
Nonperforming Loans / Loans0.06%0.01%0.00%3.97%0.63%1.13%0.82%0.88%-308 bps
Net Charge-Offs / Loans0.00%0.04%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.09%1.07%1.11%1.19%1.23%1.18%1.17%1.20%+2 bps
Allowance Coverage of NPLs17.7x83.2xn/a0.3x2.0x1.0x1.4x1.4x+1.1x
Capital
Tier 1 Leverage Ratio13.69%13.32%13.56%14.14%14.76%14.35%14.54%14.70%+56 bps
Total Risk-Based Capital16.87%18.36%16.73%14.14%19.92%18.33%14.54%20.26%+612 bps
Equity / Assets10.29%9.33%9.91%10.66%11.80%11.63%11.47%12.04%+138 bps
Liquidity & Funding
Loans / Deposits87.62%85.53%81.26%77.64%77.03%80.06%78.46%77.64%0 bps
Liquid Assets / Assets0.08%0.09%0.07%1.43%1.45%1.43%1.85%1.84%+41 bps
CRE / Total Capitaln/an/an/an/a30.99%31.30%30.22%n/an/a