Cashmere Valley Bank

Cashmere, WA · Cert 1265

State charter, non-member · FDIC · 12 branches

Q2 2026

$2.3BAssets

$1.0BLoans

$2.0BDeposits

$256.6MEquity

Loan mix

Deposit mix

NIM

Market Position · Wenatchee-East Wenatchee, WA · 2026 SOD (annual) · 44.9% share · #1 of 11 inst. · $1.6B of $3.5B

48.7% Chelan

28.6% Kittitas

33.9% Douglas

1.8% Yakima

Earnings: ROA of 1.19%, down 29 bps year over year; NIM at 3.04%.
Asset quality: problem loans at 0.35% of loans (-8 bps YoY), with net charge-offs at 0.27%.

Return on Assets (quarter, annualized)

1.19%-29 bps YoY

Net Interest Margin (quarter, annualized)

3.04%-5 bps YoY

Efficiency Ratio (quarter, annualized)

59.07%+360 bps YoY

Tier 1 Leverage Ratio

12.50%-77 bps YoY

Discrete quarter, annualized.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	1.48%	1.39%	1.25%	1.01%	1.19%	-29 bps
Return on Equity	13.11%	12.13%	10.65%	8.76%	10.68%	-244 bps
Net Interest Margin	3.09%	3.10%	3.13%	2.93%	3.04%	-5 bps
Efficiency Ratio	55.47%	55.54%	56.25%	61.93%	59.07%	+360 bps
Non-Interest Burden	1.26%	1.27%	1.34%	1.44%	1.42%	+15 bps
Growth
Asset Growth (YoY)	6.73%	7.02%	7.15%	8.41%	5.72%	-101 bps
Loan Growth (YoY)	-4.32%	-3.35%	-0.97%	0.50%	6.29%	+1,062 bps
Deposit Growth (YoY)	3.76%	3.96%	3.42%	6.21%	6.72%	+296 bps
Asset Quality
Nonperforming Loans / Loans	0.43%	0.51%	0.47%	0.43%	0.35%	-8 bps
Net Charge-Offs / Loans	0.32%	0.43%	0.74%	0.53%	0.27%	-5 bps
Allowance / Loans	1.24%	1.26%	1.20%	1.17%	1.12%	-12 bps
Allowance Coverage of NPLs	2.9x	2.5x	2.5x	2.7x	3.2x	+0.3x
Capital
Tier 1 Leverage Ratio	13.26%	12.99%	13.17%	12.63%	12.50%	-77 bps
Total Risk-Based Capital	13.26%	12.99%	13.17%	12.63%	12.50%	-77 bps
Equity / Assets	11.34%	11.56%	11.93%	11.21%	11.08%	-26 bps
Liquidity & Funding
Loans / Deposits	52.86%	50.84%	50.14%	50.03%	52.65%	-21 bps
Liquid Assets / Assets	13.64%	16.12%	14.95%	15.49%	13.82%	+18 bps
CRE / Total Capital	n/a	136.45%	134.38%	140.83%	n/a	n/a