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State Exchange Bank, The

Lamont, OK · Cert 13551 · State Exchange Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$89.6MAssets
$62.7MLoans
$78.6MDeposits
$9.7MEquity
Loan mix
83%RE $45.0M16%C&I $8.4M1%Consumer $0.6MQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $62.9M20%Noninterest $15.7MQ2 2025Q2 2026

NIM

6.96%Q2 ’245.73%Q2 ’256.16%Q2 ’26-28%+33%

Non-interest income vs. expense

1.95%Q2 ’242.55%Q2 ’252.73%Q2 ’26+29%+9%

Executive Summary

  • Earnings: ROA of 0.68%, up 425 bps year over year; NIM at 3.69%.
  • Asset quality: problem loans at 6.88% of loans (-444 bps YoY), with net charge-offs at 0.60%.
  • Capital: tier 1 leverage ratio of 10.65%, up 194 bps from a year ago.
  • Funding: loans stand at 79.80% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.68%+425 bps YoY

Net Interest Margin (YTD, annualized)

3.69%+92 bps YoY

Efficiency Ratio (YTD, annualized)

67.51%-1,374 bps YoY

Tier 1 Leverage Ratio

10.65%+194 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-3.56%-2.26%-1.17%-0.03%0.68%+425 bps
Return on Equity-36.90%-23.24%-11.90%-0.29%6.51%+4,341 bps
Net Interest Margin2.77%3.14%3.47%3.40%3.69%+92 bps
Efficiency Ratio81.25%80.93%70.89%76.38%67.51%-1,374 bps
Non-Interest Burden2.19%2.48%2.37%2.56%2.38%+19 bps
Growth
Asset Growth (YoY)-19.09%-22.02%-18.39%-14.22%-5.97%+1,312 bps
Loan Growth (YoY)-24.70%-20.95%-22.55%-27.70%-16.66%+804 bps
Deposit Growth (YoY)-12.63%-17.43%-13.34%-10.25%-7.50%+513 bps
Asset Quality
Nonperforming Loans / Loans11.32%10.93%5.52%5.15%6.88%-444 bps
Net Charge-Offs / Loans8.63%5.61%4.12%1.14%0.60%-803 bps
Allowance / Loans1.91%2.04%2.50%2.75%2.84%+93 bps
Allowance Coverage of NPLs0.2x0.2x0.5x0.5x0.4x+0.2x
Capital
Tier 1 Leverage Ratio8.72%9.95%10.54%10.72%10.65%+194 bps
Total Risk-Based Capital8.72%9.95%10.54%10.72%10.65%+194 bps
Equity / Assets9.43%9.86%10.32%10.37%10.88%+145 bps
Liquidity & Funding
Loans / Deposits88.57%90.28%84.15%77.50%79.80%-877 bps
Liquid Assets / Assets12.58%9.14%16.43%19.15%20.96%+837 bps
CRE / Total Capitaln/a349%277%250%n/an/a