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Security State Bank & Trust

Fredericksburg, TX · Cert 15809 · Security Holding Co.

State charter, non-member · FDIC · 21 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B 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 $1B-$10B in assets operating in a single state (n=257 to 258). 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

24

Q2 2024Q2 2026peer median (50)

Profitability

81

Q2 2024Q2 2026peer median (50)

Liquidity

100

Q2 2024Q2 2026peer median

Efficiency

63

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

Security State Bank & Trust

Fredericksburg, TX · Cert 15809 · Security Holding Co.

State charter, non-member · FDIC · 21 branches

Q2 2026

$2.2BAssets
$1.6BLoans
$1.8BDeposits
$234.8MEquity
Loan mix
85%RE $1.3B12%C&I $0.2B3%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
66%Interest-bearing $1.2B34%Noninterest $0.6BQ2 2025Q2 2026

NIM

5.89%Q2 ’246.02%Q2 ’255.97%Q2 ’26+9%+3%

Non-interest income vs. expense

2.62%Q2 ’242.81%Q2 ’252.99%Q2 ’26+1%+11%

Market Position · San Antonio-New Braunfels, TX · 2026 SOD (annual) · 0.2% share · #22 of 66 inst. · $0.3B of $175.0B

31.8% Gillespie
19.4% Burnet
18.2% Kerr
5.6% Comal

Executive Summary

  • Earnings: ROA of 1.62%, down 11 bps year over year; NIM at 4.78%.
  • Asset quality: problem loans at 2.22% of loans (-45 bps YoY), with net charge-offs at 0.04%.
  • Capital: tier 1 leverage ratio of 12.58%, up 80 bps from a year ago.
  • Funding: loans stand at 86.34% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.62%-11 bps YoY

Net Interest Margin (YTD, annualized)

4.78%+15 bps YoY

Efficiency Ratio (YTD, annualized)

55.49%+232 bps YoY

Tier 1 Leverage Ratio

12.58%+80 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.73%1.77%1.72%1.52%1.62%-11 bps
Return on Equity17.11%17.10%16.50%13.51%14.65%-246 bps
Net Interest Margin4.62%4.57%4.53%4.64%4.78%+15 bps
Efficiency Ratio53.17%53.93%54.08%59.01%55.49%+232 bps
Non-Interest Burden2.15%2.16%2.16%2.50%2.38%+23 bps
Growth
Asset Growth (YoY)6.90%6.19%6.58%1.94%8.44%+154 bps
Loan Growth (YoY)1.06%3.78%11.52%7.47%10.86%+980 bps
Deposit Growth (YoY)2.52%5.67%5.11%1.09%4.48%+196 bps
Asset Quality
Nonperforming Loans / Loans2.66%2.38%2.51%2.28%2.22%-45 bps
Net Charge-Offs / Loans0.00%0.00%0.09%-0.02%0.04%+4 bps
Allowance / Loans1.01%1.00%1.01%1.08%1.07%+6 bps
Allowance Coverage of NPLs0.4x0.4x0.4x0.5x0.5x+0.1x
Capital
Tier 1 Leverage Ratio11.78%11.90%12.14%12.34%12.58%+80 bps
Total Risk-Based Capital11.78%11.90%12.14%12.34%12.58%+80 bps
Equity / Assets10.21%10.97%10.69%11.82%10.79%+58 bps
Liquidity & Funding
Loans / Deposits81.37%80.97%82.39%85.70%86.34%+497 bps
Liquid Assets / Assets9.63%8.65%12.48%6.30%11.64%+201 bps
CRE / Total Capitaln/a339%335%333%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

Security State Bank & Trust

Fredericksburg, TX · Cert 15809 · Peer group: banks $1B-$10B in assets operating in a single state (n=257-258) · Security Holding Co.

State charter, non-member · FDIC · 21 branches

Q2 2026

$2.2BAssets
$1.6BLoans
$1.8BDeposits
$234.8MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 95% of banks $1B-$10B in assets operating in a single state (rank 13 of 258).
  • Widest gap: nonperforming loans / loans trails 94% of banks $1B-$10B in assets operating in a single state (rank 244 of 258).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.57%

Rank 63 of 258

Net Interest Margin

4.78%

Rank 13 of 258

Efficiency Ratio

55.49%

Rank 95 of 257

Equity / Assets

10.79%

Rank 103 of 258

Non-interest income vs. expense

$12.3M$59.3MINCOMEEXPENSE
Unfavorable gap of $47.1M · efficiency ratio beats 63% of banks $1B-$10B in assets operating in a single state
Bank 55.49%Peer median 60.3%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.57%0.93%1.23%1.54%Beats 76%63 / 258
Return on Equity14.52%9.26%11.84%14.74%Beats 73%69 / 258
Net Interest Margin4.78%3.16%3.49%3.88%Beats 95%13 / 258
Efficiency Ratio55.49%51.71%60.30%69.65%Beats 63%95 / 257
Asset Quality
Nonperforming Loans / Loans2.22%0.19%0.46%0.90%Beats 6%244 / 258
Net Charge-Offs / Loans0.03%0.01%0.02%0.07%Beats 42%150 / 258
Capital
Tier 1 Capital Ratio12.58%11.41%12.98%15.12%Beats 43%148 / 258
Total Risk-Based Capital Ratio12.58%12.10%13.91%16.08%Beats 32%175 / 258
Equity / Assets10.79%9.09%10.24%11.72%Beats 60%103 / 258
Liquidity & Funding
Loans / Deposits86.34%73.24%86.34%95.95%50th pctl129 / 258
Loans / Assets71.48%63.01%72.27%78.40%48th pctl133 / 258
Brokered Deposits / Depositsn/aNot reported for this institution