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Lafayette State Bank

Mayo, FL · Cert 16396 · Lafayette Banking Co.

State charter, non-member · FDIC · 4 branches

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

41

Q2 2024Q2 2026peer median (50)

Asset Quality

55

Q2 2024Q2 2026peer median (50)

Profitability

74

Q2 2024Q2 2026peer median (50)

Liquidity

86

Q2 2024Q2 2026peer median

Efficiency

39

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

Lafayette State Bank

Mayo, FL · Cert 16396 · Lafayette Banking Co.

State charter, non-member · FDIC · 4 branches

Q2 2026

$252.2MAssets
$169.1MLoans
$229.0MDeposits
$20.5MEquity
Loan mix
84%RE $134.2M10%C&I $15.8M6%Consumer $9.8MQ2 2025Q2 2026
Deposit mix
63%Interest-bearing $144.8M37%Noninterest $84.2MQ2 2025Q2 2026

NIM

5.42%Q2 ’245.54%Q2 ’255.90%Q2 ’26+4%+10%

Non-interest income vs. expense

3.53%Q2 ’243.65%Q2 ’253.89%Q2 ’26+13%+5%

Market Position · Gainesville, FL · 2026 SOD (annual) · 0.4% share · #17 of 20 inst. · $0.0B of $6.5B

14.1% Suwannee
61.0% Lafayette
8.4% Gilchrist

Executive Summary

  • Earnings: ROA of 1.13%, up 8 bps year over year; NIM at 4.78%.
  • Asset quality: problem loans at 0.06% of loans (-65 bps YoY), with net recoveries of 0.16%.
  • Capital: tier 1 leverage ratio of 9.86%, up 122 bps from a year ago.
  • Funding: loans stand at 73.84% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.13%+8 bps YoY

Net Interest Margin (YTD, annualized)

4.78%+42 bps YoY

Efficiency Ratio (YTD, annualized)

69.32%-236 bps YoY

Tier 1 Leverage Ratio

9.86%+122 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.05%1.13%1.13%1.31%1.13%+8 bps
Return on Equity16.45%17.17%16.50%16.52%14.15%-230 bps
Net Interest Margin4.35%4.42%4.43%4.93%4.78%+42 bps
Efficiency Ratio71.68%70.12%70.24%65.98%69.32%-236 bps
Non-Interest Burden2.91%2.88%2.90%2.97%3.05%+14 bps
Growth
Asset Growth (YoY)8.84%13.57%6.28%2.18%3.47%-537 bps
Loan Growth (YoY)2.59%9.10%14.99%9.28%13.72%+1,113 bps
Deposit Growth (YoY)8.62%12.93%4.21%0.17%1.50%-712 bps
Asset Quality
Nonperforming Loans / Loans0.71%0.11%0.06%0.00%0.06%-65 bps
Net Charge-Offs / Loans-0.02%-0.11%-0.07%-0.43%-0.16%-15 bps
Allowance / Loans1.94%1.93%1.89%2.17%2.11%+17 bps
Allowance Coverage of NPLs2.7x18.2x33.2xn/a36.7x+34.0x
Capital
Tier 1 Leverage Ratio8.64%8.82%9.22%9.58%9.86%+122 bps
Total Risk-Based Capital14.59%14.05%9.22%15.46%15.09%+50 bps
Equity / Assets6.57%7.05%7.81%8.03%8.14%+157 bps
Liquidity & Funding
Loans / Deposits65.91%68.90%73.25%72.43%73.84%+794 bps
Liquid Assets / Assets15.37%11.32%6.48%7.59%6.80%-858 bps
CRE / Total Capitaln/a314%310%309%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

Lafayette State Bank

Mayo, FL · Cert 16396 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Lafayette Banking Co.

State charter, non-member · FDIC · 4 branches

Q2 2026

$252.2MAssets
$169.1MLoans
$229.0MDeposits
$20.5MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 93% of banks under $1B in assets operating in a single state (rank 50 of 746).
  • Widest gap: equity / assets trails 85% of banks under $1B in assets operating in a single state (rank 635 of 746).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.11%

Rank 343 of 746

Net Interest Margin

4.78%

Rank 50 of 746

Efficiency Ratio

69.32%

Rank 455 of 746

Equity / Assets

8.14%

Rank 635 of 746

Non-interest income vs. expense

$2.1M$9.8MINCOMEEXPENSE
Unfavorable gap of $7.6M · efficiency ratio beats 39% of banks under $1B in assets operating in a single state
Bank 69.32%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.11%0.72%1.06%1.45%Beats 54%343 / 746
Return on Equity13.68%6.74%10.51%13.63%Beats 75%183 / 746
Net Interest Margin4.78%3.17%3.68%4.16%Beats 93%50 / 746
Efficiency Ratio69.32%55.74%64.58%75.47%Beats 39%455 / 746
Asset Quality
Nonperforming Loans / Loans0.06%0.09%0.42%1.07%Beats 78%168 / 743
Net Charge-Offs / Loans0.03%0.00%0.01%0.05%Beats 32%505 / 743
Capital
Tier 1 Capital Ratio13.84%11.55%13.75%17.60%Beats 51%369 / 746
Total Risk-Based Capital Ratio15.09%11.71%14.33%18.43%Beats 57%324 / 746
Equity / Assets8.14%8.90%10.51%13.06%Beats 15%635 / 746
Liquidity & Funding
Loans / Deposits73.84%61.31%78.27%90.78%42nd pctl433 / 746
Loans / Assets67.05%53.60%66.97%76.08%50th pctl370 / 746
Brokered Deposits / Depositsn/aNot reported for this institution