PackageTrendsPeer
Letter portraitLegal landscape

State Savings Bank

Bedford, IA · Cert 14773 · SSB Bcorp Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in IA3

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 in IA (n=134 to 135). 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

21

Q2 2024Q2 2026peer median (50)

Asset Quality

31

Q2 2024Q2 2026peer median (50)

Profitability

78

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

80

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

State Savings Bank

Bedford, IA · Cert 14773 · SSB Bcorp Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

$207.2MAssets
$185.4MLoans
$181.3MDeposits
$23.1MEquity
Loan mix
85%RE $122.0M11%C&I $16.2M4%Consumer $5.4MQ2 2025Q2 2026
Deposit mix
81%Interest-bearing $146.1M19%Noninterest $35.2MQ2 2025Q2 2026

NIM

6.16%Q2 ’245.99%Q2 ’255.90%Q2 ’26-9%+9%

Non-interest income vs. expense

2.21%Q2 ’242.15%Q2 ’252.04%Q2 ’26-5%-4%

Executive Summary

  • Earnings: ROA of 1.47%, up 35 bps year over year; NIM at 4.03%.
  • Asset quality: problem loans at 0.72% of loans (+34 bps YoY), with net charge-offs at 0.05%.
  • Capital: tier 1 leverage ratio of 10.04%, up 10 bps from a year ago.
  • Funding: loans stand at 102.24% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.47%+35 bps YoY

Net Interest Margin (YTD, annualized)

4.03%+32 bps YoY

Efficiency Ratio (YTD, annualized)

38.36%-505 bps YoY

Tier 1 Leverage Ratio

10.04%+10 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.12%1.16%1.19%1.33%1.47%+35 bps
Return on Equity9.59%9.84%10.18%11.72%13.06%+347 bps
Net Interest Margin3.71%3.88%3.88%4.06%4.03%+32 bps
Efficiency Ratio43.41%43.35%43.88%41.25%38.36%-505 bps
Non-Interest Burden1.91%2.00%2.00%1.99%1.84%-7 bps
Growth
Asset Growth (YoY)7.69%4.18%5.40%6.16%9.03%+134 bps
Loan Growth (YoY)6.64%4.50%6.28%6.31%7.07%+43 bps
Deposit Growth (YoY)8.94%3.57%5.21%6.48%9.88%+93 bps
Asset Quality
Nonperforming Loans / Loans0.38%0.55%0.62%0.86%0.72%+34 bps
Net Charge-Offs / Loans0.16%0.11%0.20%0.04%0.05%-11 bps
Allowance / Loans0.77%0.87%0.78%0.86%0.87%+10 bps
Allowance Coverage of NPLs2.0x1.6x1.3x1.0x1.2x-0.8x
Capital
Tier 1 Leverage Ratio9.94%10.64%10.30%10.40%10.04%+10 bps
Total Risk-Based Capital9.94%10.64%10.30%10.40%10.04%+10 bps
Equity / Assets11.71%12.04%11.51%11.20%11.17%-54 bps
Liquidity & Funding
Loans / Deposits104.92%103.53%106.68%98.45%102.24%-268 bps
Liquid Assets / Assets2.91%1.85%2.83%4.92%4.94%+203 bps
CRE / Total Capitaln/a82.08%82.34%82.76%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

State Savings Bank

Bedford, IA · Cert 14773 · Peer group: banks under $1B in assets in IA (n=134-135) · SSB Bcorp Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

$207.2MAssets
$185.4MLoans
$181.3MDeposits
$23.1MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 88% of banks under $1B in assets in IA (rank 16 of 135).
  • Widest gap: total risk-based capital ratio trails 95% of banks under $1B in assets in IA (rank 128 of 135).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.45%

Rank 39 of 135

Net Interest Margin

4.03%

Rank 16 of 135

Efficiency Ratio

48.76%

Rank 28 of 135

Equity / Assets

11.17%

Rank 66 of 135

Non-interest income vs. expense

$0.4M$4.2MINCOMEEXPENSE
Unfavorable gap of $3.8M · efficiency ratio beats 80% of banks under $1B in assets in IA
Bank 48.76%Peer median 57.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.45%0.92%1.19%1.47%Beats 71%39 / 135
Return on Equity13.00%7.99%10.26%13.14%Beats 74%35 / 135
Net Interest Margin4.03%2.95%3.41%3.73%Beats 88%16 / 135
Efficiency Ratio48.76%50.61%57.35%63.29%Beats 80%28 / 135
Asset Quality
Nonperforming Loans / Loans0.72%0.03%0.51%1.26%Beats 42%79 / 134
Net Charge-Offs / Loans0.05%n/a0.01%0.03%Beats 19%110 / 134
Capital
Tier 1 Capital Ratio10.04%11.23%13.31%15.45%Beats 6%127 / 135
Total Risk-Based Capital Ratio10.04%11.61%14.06%16.47%Beats 5%128 / 135
Equity / Assets11.17%9.87%11.05%13.07%Beats 51%66 / 135
Liquidity & Funding
Loans / Deposits102.24%68.54%81.55%91.24%90th pctl13 / 134
Loans / Assets89.49%57.61%68.06%76.23%97th pctl4 / 135
Brokered Deposits / Depositsn/aNot reported for this institution