PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Security State Bank

Pearsall, TX · Cert 1497 · Briscoe Ranch Inc.

State charter, non-member · FDIC · 1 affiliate bank · 8 branches (16 in holding)

Q2 2026

$1.1BAssets
$567.3MLoans
$1.0BDeposits
$108.2MEquity
Loan mix
93%RE $504.4M6%C&I $30.6M1%Consumer $6.9MQ2 2025Q2 2026
Deposit mix
87%Interest-bearing $891.2M13%Noninterest $136.8MQ2 2025Q2 2026

NIM

4.62%Q2 ’244.97%Q2 ’254.81%Q2 ’26+23%-4%

Non-interest income vs. expense

1.51%Q2 ’241.56%Q2 ’251.36%Q2 ’26+4%-12%

Market Position · San Antonio-New Braunfels, TX · 2026 SOD (annual) · 0.2% share · #20 of 66 inst. · $0.3B of $175.0B

84.9% Frio
22.3% Atascosa
14.3% Medina

Executive Summary

  • Earnings: ROA of 1.37%, unchanged from a year ago; NIM at 2.84%.
  • Asset quality: problem loans at 0.00% of loans (-7 bps YoY), with net charge-offs at 0.08%.
  • Capital: tier 1 leverage ratio of 10.74%, down 176 bps from a year ago.
  • Funding: loans stand at 55.19% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.37%0 bps YoY

Net Interest Margin (quarter, annualized)

2.84%-12 bps YoY

Efficiency Ratio (quarter, annualized)

44.42%-406 bps YoY

Tier 1 Leverage Ratio

10.74%-176 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.37%1.26%1.28%1.33%1.37%0 bps
Return on Equity13.26%11.47%11.54%13.33%14.49%+123 bps
Net Interest Margin2.96%2.93%2.99%2.97%2.84%-12 bps
Efficiency Ratio48.48%49.70%51.46%47.88%44.42%-406 bps
Non-Interest Burden1.29%1.31%1.42%1.29%1.13%-16 bps
Growth
Asset Growth (YoY)2.24%2.62%2.55%24.83%26.36%+2,411 bps
Loan Growth (YoY)6.92%4.00%2.16%2.62%3.23%-368 bps
Deposit Growth (YoY)1.30%1.66%0.97%25.92%27.84%+2,654 bps
Asset Quality
Nonperforming Loans / Loans0.08%0.91%0.89%0.89%0.00%-7 bps
Net Charge-Offs / Loans0.01%0.01%0.01%0.00%0.08%+7 bps
Allowance / Loans0.86%0.88%0.88%0.90%0.89%+3 bps
Allowance Coverage of NPLs11.4x1.0x1.0x1.0x633.4x+622.0x
Capital
Tier 1 Leverage Ratio12.50%12.77%12.43%11.76%10.74%-176 bps
Total Risk-Based Capital12.50%12.77%12.43%11.76%10.74%-176 bps
Equity / Assets10.52%11.45%10.78%9.36%9.50%-102 bps
Liquidity & Funding
Loans / Deposits68.34%70.29%65.86%54.38%55.19%-1,315 bps
Liquid Assets / Assets0.03%0.01%0.00%22.60%19.22%+1,919 bps
CRE / Total Capitaln/a327%333%322%n/an/a