River Falls State Bank

River Falls, WI · Cert 16840 · River Falls Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$143.2MAssets

$104.1MLoans

$127.5MDeposits

$14.1MEquity

Loan mix

Deposit mix

NIM

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.1% share · #81 of 125 inst. · $0.1B of $253.2B

Earnings: ROA of 0.87%, up 25 bps year over year; NIM at 3.28%.
Asset quality: problem loans at 0.21% of loans (+12 bps YoY), with net charge-offs at 0.00%.

Return on Assets (YTD, annualized)

0.87%+25 bps YoY

Net Interest Margin (YTD, annualized)

3.28%+43 bps YoY

Efficiency Ratio (YTD, annualized)

69.74%-547 bps YoY

Tier 1 Leverage Ratio

11.40%+21 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	0.61%	0.64%	0.66%	0.81%	0.87%	+25 bps
Return on Equity	6.93%	7.16%	7.21%	8.24%	8.82%	+190 bps
Net Interest Margin	2.85%	2.87%	2.95%	3.23%	3.28%	+43 bps
Efficiency Ratio	75.21%	74.63%	74.56%	71.63%	69.74%	-547 bps
Non-Interest Burden	2.05%	2.04%	2.10%	2.22%	2.18%	+13 bps
Growth
Asset Growth (YoY)	1.81%	2.05%	-2.51%	3.16%	3.28%	+147 bps
Loan Growth (YoY)	7.28%	1.26%	1.82%	6.81%	1.16%	-612 bps
Deposit Growth (YoY)	0.68%	1.56%	-1.30%	6.23%	6.56%	+588 bps
Asset Quality
Nonperforming Loans / Loans	0.09%	0.08%	0.04%	0.21%	0.21%	+12 bps
Net Charge-Offs / Loans	0.01%	0.01%	0.03%	0.00%	0.00%	-1 bps
Allowance / Loans	1.30%	1.34%	1.28%	1.26%	1.32%	+2 bps
Allowance Coverage of NPLs	14.4x	16.3x	36.2x	5.9x	6.4x	-8.0x
Capital
Tier 1 Leverage Ratio	11.19%	11.00%	11.04%	11.49%	11.40%	+21 bps
Total Risk-Based Capital	11.19%	11.00%	11.04%	11.49%	11.40%	+21 bps
Equity / Assets	9.30%	9.45%	9.80%	9.76%	9.87%	+56 bps
Liquidity & Funding
Loans / Deposits	85.96%	82.94%	85.64%	85.26%	81.61%	-435 bps
Liquid Assets / Assets	2.96%	5.56%	0.55%	1.21%	4.43%	+147 bps
CRE / Total Capital	n/a	225%	228%	228%	n/a	n/a