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Decorah Bank and Trust Company

Decorah, IA · Cert 15200 · Security Agency Inc.

State charter, non-member · FDIC · 3 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

45

Q2 2024Q2 2026peer median (50)

Asset Quality

34

Q2 2024Q2 2026peer median (50)

Profitability

68

Q2 2024Q2 2026peer median (50)

Liquidity

91

Q2 2024Q2 2026peer median

Efficiency

50

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

Decorah Bank and Trust Company

Decorah, IA · Cert 15200 · Security Agency Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$794.1MAssets
$578.4MLoans
$694.7MDeposits
$80.4MEquity
Loan mix
70%RE $350.9M22%C&I $108.3M9%Consumer $44.2MQ2 2025Q2 2026
Deposit mix
83%Interest-bearing $574.6M17%Noninterest $120.0MQ2 2025Q2 2026

NIM

5.06%Q2 ’245.28%Q2 ’255.31%Q2 ’26+14%+6%

Non-interest income vs. expense

2.62%Q2 ’242.59%Q2 ’252.53%Q2 ’26-6%-3%

Executive Summary

  • Earnings: ROA of 1.37%, up 8 bps year over year; NIM at 3.65%.
  • Asset quality: problem loans at 0.49% of loans (+36 bps YoY), with net charge-offs at 0.09%.
  • Capital: tier 1 leverage ratio of 10.41%, down 38 bps from a year ago.
  • Funding: loans stand at 83.26% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.37%+8 bps YoY

Net Interest Margin (YTD, annualized)

3.65%+19 bps YoY

Efficiency Ratio (YTD, annualized)

57.35%-377 bps YoY

Tier 1 Leverage Ratio

10.41%-38 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.29%1.13%1.46%1.24%1.37%+8 bps
Return on Equity12.61%11.07%14.21%12.15%13.39%+78 bps
Net Interest Margin3.46%3.47%3.50%3.66%3.65%+19 bps
Efficiency Ratio61.12%60.53%52.62%60.66%57.35%-377 bps
Non-Interest Burden1.78%1.76%1.40%1.89%1.74%-5 bps
Growth
Asset Growth (YoY)3.85%6.87%8.65%6.87%7.13%+328 bps
Loan Growth (YoY)2.44%6.42%6.17%6.70%5.00%+256 bps
Deposit Growth (YoY)2.78%5.68%9.69%7.72%8.80%+602 bps
Asset Quality
Nonperforming Loans / Loans0.12%0.75%0.52%0.20%0.49%+36 bps
Net Charge-Offs / Loans0.02%0.35%0.34%0.09%0.09%+7 bps
Allowance / Loans1.51%1.47%1.42%1.47%1.51%-1 bps
Allowance Coverage of NPLs12.3x2.0x2.7x7.3x3.1x-9.2x
Capital
Tier 1 Leverage Ratio10.80%10.65%10.58%10.53%10.41%-38 bps
Total Risk-Based Capital14.68%14.46%14.33%14.46%14.38%-30 bps
Equity / Assets10.11%10.36%10.32%10.14%10.13%+2 bps
Liquidity & Funding
Loans / Deposits86.28%87.74%86.24%84.28%83.26%-301 bps
Liquid Assets / Assets3.92%3.89%4.46%6.78%6.56%+264 bps
CRE / Total Capitaln/a182.77%197.81%192.36%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

Decorah Bank and Trust Company

Decorah, IA · Cert 15200 · Peer group: banks under $1B in assets in IA (n=134-135) · Security Agency Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$794.1MAssets
$578.4MLoans
$694.7MDeposits
$80.4MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 76% of banks under $1B in assets in IA (rank 33 of 135).
  • Widest gap: net charge-offs / loans trails 83% of banks under $1B in assets in IA (rank 112 of 134).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.34%

Rank 54 of 135

Net Interest Margin

3.65%

Rank 44 of 135

Efficiency Ratio

57.35%

Rank 68 of 135

Equity / Assets

10.13%

Rank 92 of 135

Non-interest income vs. expense

$6.3M$20.1MINCOMEEXPENSE
Unfavorable gap of $13.8M · efficiency ratio beats 50% of banks under $1B in assets in IA
Bank 57.35%Peer median 57.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.34%0.92%1.19%1.47%Beats 60%54 / 135
Return on Equity13.27%7.99%10.26%13.14%Beats 76%33 / 135
Net Interest Margin3.65%2.95%3.41%3.73%Beats 67%44 / 135
Efficiency Ratio57.35%50.61%57.35%63.29%Beats 50%68 / 135
Asset Quality
Nonperforming Loans / Loans0.49%0.03%0.51%1.26%Beats 51%67 / 134
Net Charge-Offs / Loans0.06%n/a0.01%0.03%Beats 17%112 / 134
Capital
Tier 1 Capital Ratio13.13%11.23%13.31%15.45%Beats 47%71 / 135
Total Risk-Based Capital Ratio14.38%11.61%14.06%16.47%Beats 56%60 / 135
Equity / Assets10.13%9.87%11.05%13.07%Beats 32%92 / 135
Liquidity & Funding
Loans / Deposits83.26%68.54%81.55%91.24%53rd pctl63 / 134
Loans / Assets72.84%57.61%68.06%76.23%62nd pctl51 / 135
Brokered Deposits / Depositsn/aNot reported for this institution