PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Exchange Bank

Kearney, NE · Cert 1435 · Exchange Co.

State charter, non-member · FDIC · 7 branches

Q2 2026

$1.6BAssets
$1.1BLoans
$1.2BDeposits
$178.2MEquity
Loan mix
94%RE $897.1M6%C&I $53.9M0%Consumer $4.2MQ2 2025Q2 2026
Deposit mix
92%Interest-bearing $1.1B8%Noninterest $0.1BQ2 2025Q2 2026

NIM

5.43%Q2 ’245.73%Q2 ’255.90%Q2 ’26+15%+16%

Non-interest income vs. expense

1.33%Q2 ’241.29%Q2 ’251.25%Q2 ’26-1%+0%

Market Position · Grand Island, NE · 2026 SOD (annual) · 10.9% share · #2 of 22 inst. · $0.4B of $3.6B

12.5% Hall
12.3% Buffalo
1.5% Lancaster
17.0% Geary

Executive Summary

  • Earnings: ROA of 1.86%, up 37 bps year over year; NIM at 3.31%.
  • Asset quality: problem loans at 3.49% of loans (+218 bps YoY), with net recoveries of 0.23%.
  • Capital: tier 1 leverage ratio of 11.39%, up 106 bps from a year ago.
  • Funding: loans stand at 89.28% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.86%+37 bps YoY

Net Interest Margin (quarter, annualized)

3.31%+45 bps YoY

Efficiency Ratio (quarter, annualized)

35.16%-571 bps YoY

Tier 1 Leverage Ratio

11.39%+106 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.49%1.46%1.61%1.52%1.86%+37 bps
Return on Equity16.02%14.92%15.32%14.24%17.06%+104 bps
Net Interest Margin2.86%2.85%3.04%2.91%3.31%+45 bps
Efficiency Ratio40.87%41.07%38.49%39.62%35.16%-571 bps
Non-Interest Burden0.99%1.00%0.93%0.99%0.99%0 bps
Growth
Asset Growth (YoY)7.93%6.86%5.58%4.53%2.86%-507 bps
Loan Growth (YoY)5.16%4.58%5.23%3.67%1.47%-368 bps
Deposit Growth (YoY)4.79%1.78%-0.39%3.56%2.25%-255 bps
Asset Quality
Nonperforming Loans / Loans1.31%1.71%1.48%3.51%3.49%+218 bps
Net Charge-Offs / Loans0.02%0.09%0.10%0.27%-0.23%-26 bps
Allowance / Loans1.40%1.39%1.38%1.35%1.39%0 bps
Allowance Coverage of NPLs1.1x0.8x0.9x0.4x0.4x-0.7x
Capital
Tier 1 Leverage Ratio10.32%10.72%11.10%10.77%11.39%+106 bps
Total Risk-Based Capital10.32%10.72%11.10%10.77%11.39%+106 bps
Equity / Assets9.33%10.24%10.83%10.52%11.31%+198 bps
Liquidity & Funding
Loans / Deposits89.96%89.88%90.06%88.80%89.28%-68 bps
Liquid Assets / Assets0.03%0.02%0.04%0.00%0.06%+3 bps
CRE / Total Capitaln/a311%302%303%n/an/a