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North Central Bank

Hennepin, IL · Cert 17241 · Putnam County Bcorp Inc.

State charter, non-member · FDIC · 2 branches

Q2 2026

$165.9MAssets
$85.9MLoans
$144.7MDeposits
$19.7MEquity
Loan mix
86%RE $63.2M9%C&I $6.6M5%Consumer $3.8MQ2 2025Q2 2026
Deposit mix
86%Interest-bearing $124.2M14%Noninterest $20.5MQ2 2025Q2 2026

NIM

4.39%Q2 ’244.69%Q2 ’254.55%Q2 ’26+12%-1%

Non-interest income vs. expense

2.37%Q2 ’242.56%Q2 ’252.33%Q2 ’26+12%-9%

Executive Summary

  • Earnings: ROA of 1.30%, up 15 bps year over year; NIM at 3.40%.
  • Asset quality: problem loans at 0.26% of loans (+10 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.26%, down 12 bps from a year ago.
  • Funding: loans stand at 59.40% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.30%+15 bps YoY

Net Interest Margin (quarter, annualized)

3.40%-2 bps YoY

Efficiency Ratio (quarter, annualized)

58.62%-437 bps YoY

Tier 1 Leverage Ratio

12.26%-12 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.16%1.22%1.17%0.80%1.30%+15 bps
Return on Equity10.72%11.11%9.82%6.61%10.98%+26 bps
Net Interest Margin3.42%3.32%3.42%3.33%3.40%-2 bps
Efficiency Ratio62.99%60.37%64.55%74.07%58.62%-437 bps
Non-Interest Burden1.86%1.71%1.89%2.27%1.70%-16 bps
Growth
Asset Growth (YoY)4.25%3.60%6.93%6.33%0.59%-366 bps
Loan Growth (YoY)0.01%0.81%2.42%3.71%1.20%+119 bps
Deposit Growth (YoY)4.48%3.73%6.09%5.80%-0.70%-518 bps
Asset Quality
Nonperforming Loans / Loans0.15%0.04%0.07%0.34%0.26%+10 bps
Net Charge-Offs / Loans0.00%0.00%0.06%0.00%0.00%0 bps
Allowance / Loans1.53%1.51%1.47%1.45%1.46%-6 bps
Allowance Coverage of NPLs10.0x34.1x21.8x4.3x5.7x-4.3x
Capital
Tier 1 Leverage Ratio12.38%11.99%12.35%12.18%12.26%-12 bps
Total Risk-Based Capital12.38%11.99%12.35%12.18%12.26%-12 bps
Equity / Assets10.45%11.49%12.44%11.88%11.86%+140 bps
Liquidity & Funding
Loans / Deposits58.29%59.91%63.55%62.00%59.40%+111 bps
Liquid Assets / Assets13.40%10.17%5.42%6.97%10.19%-321 bps
CRE / Total Capitaln/a127.20%123.97%123.02%n/an/a