PackageTrendsPeer
Letter portraitLegal landscape

Ipswich State Bank

Ipswich, SD · Cert 15593 · Ipswich Cmty Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets operating in a single state3

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 operating in a single state (n=743 to 746). 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

90

Q2 2024Q2 2026peer median (50)

Asset Quality

60

Q2 2024Q2 2026peer median (50)

Profitability

56

Q2 2024Q2 2026peer median (50)

Liquidity

40

Q2 2024Q2 2026peer median

Efficiency

91

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

Ipswich State Bank

Ipswich, SD · Cert 15593 · Ipswich Cmty Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$74.2MAssets
$36.7MLoans
$62.3MDeposits
$11.1MEquity
Loan mix
71%RE $10.9M22%C&I $3.4M7%Consumer $1.1MQ3 2024Q2 2026
Deposit mix
72%Interest-bearing $44.9M28%Noninterest $17.4MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.51%, up 11 bps year over year; NIM at 3.58%.
  • Asset quality: problem loans at 1.31% of loans (+131 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 15.46%, unchanged from a year ago.
  • Funding: loans stand at 58.96% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.51%+11 bps YoY

Net Interest Margin (YTD, annualized)

3.58%+27 bps YoY

Efficiency Ratio (YTD, annualized)

46.87%-245 bps YoY

Tier 1 Leverage Ratio

15.46%0 bps YoY

NIM

4.03%Q2 ’244.49%Q2 ’254.78%Q2 ’26+13%+8%

Non-interest income vs. expense

1.72%Q2 ’241.68%Q2 ’251.73%Q2 ’26-3%+3%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.11%1.12%1.34%1.40%1.43%1.41%1.37%1.51%+11 bps
Return on Equity7.72%7.70%8.86%9.08%9.24%9.14%9.02%9.98%+90 bps
Net Interest Margin3.09%3.04%3.25%3.31%3.50%3.30%3.26%3.58%+27 bps
Efficiency Ratio54.63%55.35%49.91%49.33%48.96%50.24%48.54%46.87%-245 bps
Non-Interest Burden1.64%1.64%1.57%1.58%1.66%1.61%1.53%1.63%+4 bps
Growth
Asset Growth (YoY)-6.12%-5.73%2.49%-0.31%9.33%12.31%3.51%10.56%+1,087 bps
Loan Growth (YoY)6.50%3.41%5.91%7.79%20.54%7.31%14.20%20.12%+1,233 bps
Deposit Growth (YoY)-2.66%-1.53%1.14%-2.34%9.31%12.68%3.37%11.96%+1,430 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.31%+131 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.85%0.79%0.92%0.83%0.71%0.74%0.81%0.69%-14 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a0.5xn/an/a
Capital
Tier 1 Leverage Ratio16.04%15.72%15.19%15.45%16.34%15.44%14.65%15.46%0 bps
Total Risk-Based Capital30.34%28.89%31.30%29.96%26.65%27.79%28.31%25.94%-403 bps
Equity / Assets15.68%15.47%14.90%15.89%15.74%15.26%15.09%14.97%-92 bps
Liquidity & Funding
Loans / Deposits55.85%57.67%48.09%54.95%61.59%54.92%53.13%58.96%+401 bps
Liquid Assets / Assets20.39%18.12%18.39%17.65%16.81%16.78%17.40%14.96%-269 bps
CRE / Total Capitaln/an/an/an/a13.16%13.34%13.79%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

Ipswich State Bank

Ipswich, SD · Cert 15593 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Ipswich Cmty Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$74.2MAssets
$36.7MLoans
$62.3MDeposits
$11.1MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 185 of 743).
  • Widest gap: nonperforming loans / loans trails 80% of banks under $1B in assets operating in a single state (rank 598 of 743).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.49%

Rank 173 of 746

Net Interest Margin

3.58%

Rank 412 of 746

Efficiency Ratio

46.87%

Rank 70 of 746

Equity / Assets

14.97%

Rank 98 of 746

Non-interest income vs. expense

$0.1M$1.2MINCOMEEXPENSE
Unfavorable gap of $1.2M · efficiency ratio beats 91% of banks under $1B in assets operating in a single state
Bank 46.87%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.49%0.72%1.06%1.45%Beats 77%173 / 746
Return on Equity9.96%6.74%10.51%13.63%Beats 46%401 / 746
Net Interest Margin3.58%3.17%3.68%4.16%Beats 45%412 / 746
Efficiency Ratio46.87%55.74%64.58%75.47%Beats 91%70 / 746
Asset Quality
Nonperforming Loans / Loans1.31%0.09%0.42%1.07%Beats 20%598 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 100%185 / 743
Capital
Tier 1 Capital Ratio25.36%11.55%13.75%17.60%Beats 92%63 / 746
Total Risk-Based Capital Ratio25.94%11.71%14.33%18.43%Beats 91%65 / 746
Equity / Assets14.97%8.90%10.51%13.06%Beats 87%98 / 746
Liquidity & Funding
Loans / Deposits58.96%61.31%78.27%90.78%21st pctl593 / 746
Loans / Assets49.49%53.60%66.97%76.08%20th pctl597 / 746
Brokered Deposits / Depositsn/aNot reported for this institution