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Bank of Madison

Madison, GA · Cert 148 · Madison Bank Corp.

State charter, non-member · FDIC · 4 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 the Atlanta-Sandy Springs-Roswell, GA area3

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 the Atlanta-Sandy Springs-Roswell, GA area (n=19 to 20). 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

35

Q2 2024Q2 2026peer median (50)

Asset Quality

74

Q2 2024Q2 2026peer median (50)

Profitability

73

Q2 2024Q2 2026peer median (50)

Liquidity

91

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

Bank of Madison

Madison, GA · Cert 148 · Madison Bank Corp.

State charter, non-member · FDIC · 4 branches

Q2 2026

$448.1MAssets
$326.6MLoans
$398.1MDeposits
$46.4MEquity
Loan mix
95%RE $300.5M5%C&I $14.4M1%Consumer $1.8MQ2 2025Q2 2026
Deposit mix
74%Interest-bearing $294.0M26%Noninterest $104.1MQ2 2025Q2 2026

NIM

5.58%Q2 ’245.64%Q2 ’255.95%Q2 ’26+4%+13%

Non-interest income vs. expense

2.22%Q2 ’242.26%Q2 ’252.12%Q2 ’26+6%-7%

Market Position · Atlanta-Sandy Springs-Roswell, GA · 2026 SOD (annual) · 0.2% share · #35 of 81 inst. · $0.4B of $255.1B

56.2% Morgan
3.3% Walton

Executive Summary

  • Earnings: ROA of 1.88%, up 45 bps year over year; NIM at 4.31%.
  • Asset quality: problem loans at 0.02% of loans (-2 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.59%, up 93 bps from a year ago.
  • Funding: loans stand at 82.05% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.88%+45 bps YoY

Net Interest Margin (YTD, annualized)

4.31%+49 bps YoY

Efficiency Ratio (YTD, annualized)

46.52%-904 bps YoY

Tier 1 Leverage Ratio

11.59%+93 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.43%1.56%1.58%2.01%1.88%+45 bps
Return on Equity15.77%16.80%16.73%20.07%18.56%+279 bps
Net Interest Margin3.81%3.94%4.03%4.33%4.31%+49 bps
Efficiency Ratio55.56%53.55%54.35%44.14%46.52%-904 bps
Non-Interest Burden2.01%1.92%2.02%1.77%1.87%-14 bps
Growth
Asset Growth (YoY)5.72%4.23%6.82%3.96%2.97%-275 bps
Loan Growth (YoY)2.93%3.93%8.34%6.88%7.21%+428 bps
Deposit Growth (YoY)5.24%3.59%5.78%3.00%1.78%-346 bps
Asset Quality
Nonperforming Loans / Loans0.04%0.05%0.02%0.02%0.02%-2 bps
Net Charge-Offs / Loans-0.09%-0.06%-0.04%0.00%0.00%+9 bps
Allowance / Loans1.50%1.49%1.46%1.47%1.44%-7 bps
Allowance Coverage of NPLs41.7x30.2x66.9x72.1x81.0x+39.4x
Capital
Tier 1 Leverage Ratio10.66%11.11%10.91%11.38%11.59%+93 bps
Total Risk-Based Capital14.84%15.23%14.91%15.43%15.86%+102 bps
Equity / Assets9.12%9.91%10.06%9.93%10.36%+124 bps
Liquidity & Funding
Loans / Deposits77.90%79.95%84.26%79.52%82.05%+416 bps
Liquid Assets / Assets3.24%6.72%6.86%8.31%8.37%+513 bps
CRE / Total Capitaln/a309%336%315%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

Bank of Madison

Madison, GA · Cert 148 · Peer group: banks under $1B in assets in the Atlanta-Sandy Springs-Roswell, GA area (n=19-20) · Madison Bank Corp.

State charter, non-member · FDIC · 4 branches

Q2 2026

$448.1MAssets
$326.6MLoans
$398.1MDeposits
$46.4MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 89% of banks under $1B in assets in the Atlanta-Sandy Springs-Roswell, GA area (rank 3 of 19).
  • Widest gap: equity / assets trails 65% of banks under $1B in assets in the Atlanta-Sandy Springs-Roswell, GA area (rank 13 of 20).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.85%

Rank 5 of 20

Net Interest Margin

4.31%

Rank 8 of 20

Efficiency Ratio

46.52%

Rank 5 of 20

Equity / Assets

10.36%

Rank 13 of 20

Non-interest income vs. expense

$1.1M$9.5MINCOMEEXPENSE
Unfavorable gap of $8.4M · efficiency ratio beats 80% of banks under $1B in assets in the Atlanta-Sandy Springs-Roswell, GA area
Bank 46.52%Peer median 61.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.85%1.08%1.42%1.85%Beats 75%5 / 20
Return on Equity17.85%9.57%13.48%17.30%Beats 85%3 / 20
Net Interest Margin4.31%3.38%3.99%4.50%Beats 60%8 / 20
Efficiency Ratio46.52%47.39%61.42%73.60%Beats 80%5 / 20
Asset Quality
Nonperforming Loans / Loans0.02%0.05%0.79%1.63%Beats 89%3 / 19
Net Charge-Offs / Loans0.00%n/a0.00%0.03%Beats 58%9 / 19
Capital
Tier 1 Capital Ratio14.61%13.64%16.79%19.57%Beats 35%13 / 20
Total Risk-Based Capital Ratio15.86%14.77%17.61%20.82%Beats 35%13 / 20
Equity / Assets10.36%9.66%10.94%13.62%Beats 35%13 / 20
Liquidity & Funding
Loans / Deposits82.05%70.35%84.66%95.83%40th pctl12 / 20
Loans / Assets72.89%62.58%72.89%77.86%50th pctl10 / 20
Brokered Deposits / Depositsn/aNot reported for this institution