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Mayville State Bank

Mayville, MI · Cert 12899 · Mayville Financial Corp.

State charter, non-member · FDIC · 2 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets operating in a single state3

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 operating in a single state (n=743 to 746). 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

31

Q2 2024Q2 2026peer median (50)

Asset Quality

13

Q2 2024Q2 2026peer median (50)

Profitability

43

Q2 2024Q2 2026peer median (50)

Liquidity

18

Q2 2024Q2 2026peer median

Efficiency

35

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

Mayville State Bank

Mayville, MI · Cert 12899 · Mayville Financial Corp.

State charter, non-member · FDIC · 2 branches

Q2 2026

$94.6MAssets
$44.2MLoans
$85.0MDeposits
$9.4MEquity
Loan mix
84%RE $37.1M5%C&I $2.0M11%Consumer $5.0MQ2 2025Q2 2026
Deposit mix
74%Interest-bearing $63.2M26%Noninterest $21.8MQ2 2025Q2 2026

NIM

3.55%Q2 ’243.93%Q2 ’254.04%Q2 ’26+10%+4%

Non-interest income vs. expense

3.06%Q2 ’242.98%Q2 ’252.89%Q2 ’26-3%-3%

Executive Summary

  • Earnings: ROA of 0.97%, up 20 bps year over year; NIM at 3.42%.
  • Asset quality: problem loans at 2.09% of loans (+84 bps YoY), with net charge-offs at 0.12%.
  • Capital: tier 1 leverage ratio of 11.72%, up 2 bps from a year ago.
  • Funding: loans stand at 52.00% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.97%+20 bps YoY

Net Interest Margin (YTD, annualized)

3.42%+12 bps YoY

Efficiency Ratio (YTD, annualized)

71.10%-399 bps YoY

Tier 1 Leverage Ratio

11.72%+2 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.78%0.81%0.79%0.87%0.97%+20 bps
Return on Equity9.25%9.24%8.84%9.07%10.08%+83 bps
Net Interest Margin3.29%3.36%3.27%3.37%3.42%+12 bps
Efficiency Ratio75.09%73.94%74.14%72.41%71.10%-399 bps
Non-Interest Burden2.31%2.30%2.25%2.27%2.24%-6 bps
Growth
Asset Growth (YoY)-0.20%-2.61%-1.44%2.98%1.13%+133 bps
Loan Growth (YoY)4.50%1.77%2.11%0.07%-2.95%-745 bps
Deposit Growth (YoY)-1.34%-3.84%-3.40%1.72%0.01%+135 bps
Asset Quality
Nonperforming Loans / Loans1.25%1.34%1.59%1.48%2.09%+84 bps
Net Charge-Offs / Loans0.03%0.18%0.13%0.25%0.12%+9 bps
Allowance / Loans1.21%1.17%1.31%1.30%1.34%+14 bps
Allowance Coverage of NPLs1.0x0.9x0.8x0.9x0.6x-0.3x
Capital
Tier 1 Leverage Ratio11.70%11.95%11.39%11.41%11.72%+2 bps
Total Risk-Based Capital11.70%11.95%11.39%11.41%11.72%+2 bps
Equity / Assets8.88%9.76%9.51%9.57%9.88%+100 bps
Liquidity & Funding
Loans / Deposits53.59%54.32%52.01%50.64%52.00%-159 bps
Liquid Assets / Assets5.08%4.17%4.73%4.71%4.87%-21 bps
CRE / Total Capitaln/a43.20%42.95%46.25%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

Mayville State Bank

Mayville, MI · Cert 12899 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Mayville Financial Corp.

State charter, non-member · FDIC · 2 branches

Q2 2026

$94.6MAssets
$44.2MLoans
$85.0MDeposits
$9.4MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 47% of banks under $1B in assets operating in a single state (rank 397 of 746).
  • Widest gap: nonperforming loans / loans trails 89% of banks under $1B in assets operating in a single state (rank 661 of 743).
  • Overall: at or above the peer median on 0 of 9 directional measures.

Return on Assets

0.99%

Rank 412 of 746

Net Interest Margin

3.42%

Rank 480 of 746

Efficiency Ratio

71.10%

Rank 489 of 746

Equity / Assets

9.88%

Rank 444 of 746

Non-interest income vs. expense

$0.6M$2.8MINCOMEEXPENSE
Unfavorable gap of $2.2M · efficiency ratio beats 35% of banks under $1B in assets operating in a single state
Bank 71.10%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.99%0.72%1.06%1.45%Beats 45%412 / 746
Return on Equity10.01%6.74%10.51%13.63%Beats 47%397 / 746
Net Interest Margin3.42%3.17%3.68%4.16%Beats 36%480 / 746
Efficiency Ratio71.10%55.74%64.58%75.47%Beats 35%489 / 746
Asset Quality
Nonperforming Loans / Loans2.09%0.09%0.42%1.07%Beats 11%661 / 743
Net Charge-Offs / Loans0.11%0.00%0.01%0.05%Beats 14%638 / 743
Capital
Tier 1 Capital Ratio11.72%11.55%13.75%17.60%Beats 27%543 / 746
Total Risk-Based Capital Ratio11.72%11.71%14.33%18.43%Beats 25%557 / 746
Equity / Assets9.88%8.90%10.51%13.06%Beats 40%444 / 746
Liquidity & Funding
Loans / Deposits52.00%61.31%78.27%90.78%14th pctl638 / 746
Loans / Assets46.73%53.60%66.97%76.08%16th pctl627 / 746
Brokered Deposits / Depositsn/aNot reported for this institution