PackageTrendsPeer
Letter portraitLegal landscape

22nd State Banking Company

Mobile, AL · Cert 16910 · Feb Bancshares Inc.

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

52

Q2 2024Q2 2026peer median (50)

Asset Quality

3

Q2 2024Q2 2026peer median (50)

Profitability

41

Q2 2024Q2 2026peer median (50)

Liquidity

47

Q2 2024Q2 2026peer median

Efficiency

6

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

22nd State Banking Company

Mobile, AL · Cert 16910 · Feb Bancshares Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

$292.2MAssets
$217.4MLoans
$241.9MDeposits
$33.7MEquity
Loan mix
44%RE $97.0M49%C&I $107.7M6%Consumer $13.7MQ2 2025Q2 2026
Deposit mix
76%Interest-bearing $184.5M24%Noninterest $57.5MQ2 2025Q2 2026

NIM

7.52%Q2 ’249.65%Q2 ’257.70%Q2 ’26+38%-20%

Non-interest income vs. expense

5.07%Q2 ’247.01%Q2 ’256.74%Q2 ’26-53%+143%

Market Position · Mobile, AL · 2026 SOD (annual) · 1.4% share · #13 of 25 inst. · $0.2B of $10.6B

1.4% Mobile
10.4% Geneva
3.1% Escambia

Executive Summary

  • Earnings: ROA of 0.41%, down 276 bps year over year; NIM at 5.77%.
  • Asset quality: problem loans at 3.39% of loans (0 bps YoY), with net charge-offs at 4.32%.
  • Capital: tier 1 leverage ratio of 11.12%, down 181 bps from a year ago.
  • Funding: loans stand at 89.87% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.41%-276 bps YoY

Net Interest Margin (YTD, annualized)

5.77%-142 bps YoY

Efficiency Ratio (YTD, annualized)

92.87%+3,435 bps YoY

Tier 1 Leverage Ratio

11.12%-181 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets3.17%2.45%1.50%0.24%0.41%-276 bps
Return on Equity30.13%21.92%13.05%1.83%3.24%-2,689 bps
Net Interest Margin7.19%7.40%7.14%5.93%5.77%-142 bps
Efficiency Ratio58.52%64.95%68.99%95.79%92.87%+3,435 bps
Non-Interest Burden2.14%3.40%3.77%5.55%5.19%+306 bps
Growth
Asset Growth (YoY)4.00%-9.23%-17.73%-17.13%11.23%+723 bps
Loan Growth (YoY)2.08%-17.56%-18.01%-12.49%6.95%+488 bps
Deposit Growth (YoY)2.03%-14.97%-23.75%-22.56%10.05%+802 bps
Asset Quality
Nonperforming Loans / Loans3.39%5.17%4.24%5.24%3.39%0 bps
Net Charge-Offs / Loans0.22%0.29%0.56%0.20%4.32%+410 bps
Allowance / Loans2.09%2.01%2.63%2.53%2.17%+8 bps
Allowance Coverage of NPLs0.6x0.4x0.6x0.5x0.6x0.0x
Capital
Tier 1 Leverage Ratio12.93%13.63%12.77%12.73%11.12%-181 bps
Total Risk-Based Capital16.06%15.76%15.34%14.94%14.38%-168 bps
Equity / Assets13.65%13.30%13.17%13.03%11.52%-213 bps
Liquidity & Funding
Loans / Deposits92.47%90.29%96.54%98.20%89.87%-260 bps
Liquid Assets / Assets1.86%0.56%0.72%0.87%0.78%-108 bps
CRE / Total Capitaln/a133.94%131.15%138.47%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

22nd State Banking Company

Mobile, AL · Cert 16910 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Feb Bancshares Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

$292.2MAssets
$217.4MLoans
$241.9MDeposits
$33.7MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 99% of banks under $1B in assets operating in a single state (rank 8 of 746).
  • Widest gap: net charge-offs / loans trails 99% of banks under $1B in assets operating in a single state (rank 740 of 743).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.39%

Rank 652 of 746

Net Interest Margin

5.77%

Rank 8 of 746

Efficiency Ratio

92.94%

Rank 702 of 746

Equity / Assets

11.52%

Rank 274 of 746

Non-interest income vs. expense

$4.6M$20.1MINCOMEEXPENSE
Unfavorable gap of $15.5M · efficiency ratio beats 6% of banks under $1B in assets operating in a single state
Bank 92.94%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.39%0.72%1.06%1.45%Beats 13%652 / 746
Return on Equity3.37%6.74%10.51%13.63%Beats 12%656 / 746
Net Interest Margin5.77%3.17%3.68%4.16%Beats 99%8 / 746
Efficiency Ratio92.94%55.74%64.58%75.47%Beats 6%702 / 746
Asset Quality
Nonperforming Loans / Loans3.39%0.09%0.42%1.07%Beats 4%711 / 743
Net Charge-Offs / Loans2.16%0.00%0.01%0.05%Beats 1%740 / 743
Capital
Tier 1 Capital Ratio13.12%11.55%13.75%17.60%Beats 43%422 / 746
Total Risk-Based Capital Ratio14.38%11.71%14.33%18.43%Beats 50%371 / 746
Equity / Assets11.52%8.90%10.51%13.06%Beats 63%274 / 746
Liquidity & Funding
Loans / Deposits89.86%61.31%78.27%90.78%73rd pctl200 / 746
Loans / Assets74.41%53.60%66.97%76.08%69th pctl230 / 746
Brokered Deposits / Depositsn/aNot reported for this institution