Marion County State Bank

Pella, IA · Cert 15272 · Pella Financial Group Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

$628.6MAssets

$488.7MLoans

$546.6MDeposits

$64.2MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 1.50%, up 45 bps year over year; NIM at 3.66%.
Asset quality: problem loans at 0.27% of loans (+16 bps YoY), with net charge-offs at 0.01%.

Return on Assets (YTD, annualized)

1.50%+45 bps YoY

Net Interest Margin (YTD, annualized)

3.66%+55 bps YoY

Efficiency Ratio (YTD, annualized)

48.79%-580 bps YoY

Tier 1 Leverage Ratio

10.41%+94 bps YoY

Year to date, annualized, through each quarter.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	1.05%	1.07%	1.17%	1.38%	1.50%	+45 bps
Return on Equity	12.41%	12.33%	13.31%	14.33%	15.27%	+286 bps
Net Interest Margin	3.12%	3.11%	3.12%	3.54%	3.66%	+55 bps
Efficiency Ratio	54.60%	55.16%	53.06%	49.47%	48.79%	-580 bps
Non-Interest Burden	1.47%	1.49%	1.34%	1.39%	1.42%	-6 bps
Growth
Asset Growth (YoY)	-1.04%	-0.43%	-0.67%	-2.22%	-2.06%	-102 bps
Loan Growth (YoY)	0.25%	2.82%	3.87%	4.31%	3.68%	+342 bps
Deposit Growth (YoY)	-0.07%	-6.40%	-0.93%	-1.09%	-0.67%	-60 bps
Asset Quality
Nonperforming Loans / Loans	0.11%	0.26%	0.17%	0.28%	0.27%	+16 bps
Net Charge-Offs / Loans	0.00%	0.11%	0.09%	0.01%	0.01%	+1 bps
Allowance / Loans	0.59%	0.56%	0.67%	0.73%	0.79%	+20 bps
Allowance Coverage of NPLs	5.3x	2.2x	3.9x	2.6x	2.9x	-2.4x
Capital
Tier 1 Leverage Ratio	9.47%	9.45%	9.37%	9.95%	10.41%	+94 bps
Total Risk-Based Capital	13.90%	13.32%	13.63%	14.23%	14.75%	+85 bps
Equity / Assets	8.78%	9.15%	9.42%	9.89%	10.21%	+143 bps
Liquidity & Funding
Loans / Deposits	85.66%	92.41%	88.86%	91.37%	89.40%	+375 bps
Liquid Assets / Assets	0.20%	0.02%	0.02%	0.02%	0.63%	+44 bps
CRE / Total Capital	n/a	182.94%	183.29%	172.54%	n/a	n/a