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Pilgrim Bank

Pittsburg, TX · Cert 16891 · Pilgrim Bcorp

State charter, non-member · FDIC · 14 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in TX3

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 in TX (n=208 to 211). 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

42

Q2 2024Q2 2026peer median (50)

Asset Quality

67

Q2 2024Q2 2026peer median (50)

Profitability

13

Q2 2024Q2 2026peer median (50)

Liquidity

40

Q2 2024Q2 2026peer median

Efficiency

24

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

Pilgrim Bank

Pittsburg, TX · Cert 16891 · Pilgrim Bcorp

State charter, non-member · FDIC · 14 branches

Q2 2026

$714.6MAssets
$465.5MLoans
$578.4MDeposits
$66.4MEquity
Loan mix
96%RE $436.1M3%C&I $15.1M1%Consumer $3.9MQ3 2024Q2 2026
Deposit mix
69%Interest-bearing $399.2M31%Noninterest $179.2MQ3 2024Q2 2026

Market Position · Wichita Falls, TX · 2026 SOD (annual) · 3.2% share · #7 of 14 inst. · $0.1B of $4.3B

21.2% Titus
33.7% Camp
2.1% Wichita
58.4% Archer

Executive Summary

  • Earnings: ROA of 0.46%, down 9 bps year over year; NIM at 2.70%.
  • Asset quality: problem loans at 0.15% of loans (+15 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.21%, up 19 bps from a year ago.
  • Funding: loans stand at 80.47% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.46%-9 bps YoY

Net Interest Margin (YTD, annualized)

2.70%+35 bps YoY

Efficiency Ratio (YTD, annualized)

74.44%+51 bps YoY

Tier 1 Leverage Ratio

10.21%+19 bps YoY

NIM

4.44%Q2 ’244.39%Q2 ’254.60%Q2 ’26-5%+15%

Non-interest income vs. expense

2.00%Q2 ’241.95%Q2 ’252.24%Q2 ’26-2%+16%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.59%0.55%0.53%0.55%0.56%0.58%0.52%0.46%-9 bps
Return on Equity6.74%6.23%6.01%6.15%6.21%6.40%5.52%4.90%-125 bps
Net Interest Margin2.48%2.45%2.36%2.36%2.43%2.45%2.60%2.70%+35 bps
Efficiency Ratio72.24%74.43%74.18%73.93%73.76%73.36%74.43%74.44%+51 bps
Non-Interest Burden1.72%1.76%1.66%1.64%1.69%1.68%1.83%1.90%+26 bps
Growth
Asset Growth (YoY)3.72%1.19%3.45%3.95%3.05%4.34%0.50%-0.85%-480 bps
Loan Growth (YoY)6.49%6.19%6.19%3.05%-0.87%-0.45%-4.74%-4.69%-774 bps
Deposit Growth (YoY)1.65%-0.93%3.54%6.10%3.23%5.76%0.64%-3.46%-956 bps
Asset Quality
Nonperforming Loans / Loans0.03%0.01%0.00%0.00%0.00%0.41%0.35%0.15%+15 bps
Net Charge-Offs / Loans0.00%0.00%0.01%0.01%0.01%0.00%0.00%0.00%0 bps
Allowance / Loans0.81%0.78%0.77%0.79%0.81%0.83%0.88%0.99%+20 bps
Allowance Coverage of NPLs28.2x90.8xn/an/an/a2.0x2.5x6.6xn/a
Capital
Tier 1 Leverage Ratio10.36%10.34%10.24%10.02%10.17%10.03%10.03%10.21%+19 bps
Total Risk-Based Capital15.26%14.71%14.41%14.72%14.91%14.87%14.99%15.37%+65 bps
Equity / Assets9.13%8.92%8.85%9.00%9.38%9.43%9.29%9.30%+30 bps
Liquidity & Funding
Loans / Deposits85.40%87.58%84.63%81.51%82.00%82.43%80.10%80.47%-104 bps
Liquid Assets / Assets13.05%11.64%11.23%12.29%11.09%9.97%11.69%9.36%-293 bps
CRE / Total Capitaln/an/an/an/a262%272%272%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

Pilgrim Bank

Pittsburg, TX · Cert 16891 · Peer group: banks under $1B in assets in TX (n=208-211) · Pilgrim Bcorp

State charter, non-member · FDIC · 14 branches

Q2 2026

$714.6MAssets
$465.5MLoans
$578.4MDeposits
$66.4MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 73% of banks under $1B in assets in TX (rank 58 of 208).
  • Widest gap: net interest margin trails 91% of banks under $1B in assets in TX (rank 193 of 211).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.46%

Rank 183 of 211

Net Interest Margin

2.70%

Rank 193 of 211

Efficiency Ratio

74.44%

Rank 161 of 211

Equity / Assets

9.30%

Rank 162 of 211

Non-interest income vs. expense

$2.4M$16.2MINCOMEEXPENSE
Unfavorable gap of $13.8M · efficiency ratio beats 24% of banks under $1B in assets in TX
Bank 74.44%Peer median 64.2%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.46%0.87%1.20%1.65%Beats 13%183 / 211
Return on Equity4.96%7.52%11.67%14.58%Beats 16%178 / 211
Net Interest Margin2.70%3.28%3.82%4.31%Beats 9%193 / 211
Efficiency Ratio74.44%53.01%64.18%73.65%Beats 24%161 / 211
Asset Quality
Nonperforming Loans / Loans0.15%0.01%0.30%1.10%Beats 61%83 / 208
Net Charge-Offs / Loans0.00%0.00%0.01%0.06%Beats 73%58 / 208
Capital
Tier 1 Capital Ratio14.44%11.72%14.45%19.57%Beats 49%107 / 211
Total Risk-Based Capital Ratio15.37%11.94%14.78%20.30%Beats 53%100 / 211
Equity / Assets9.30%9.41%11.06%12.94%Beats 23%162 / 211
Liquidity & Funding
Loans / Deposits80.47%45.39%66.56%82.03%72nd pctl58 / 208
Loans / Assets65.14%39.13%56.90%70.46%64th pctl77 / 211
Brokered Deposits / Depositsn/aNot reported for this institution