PackageTrendsPeer
Letter portraitLegal landscape

Citizens Bank

Corvallis, OR · Cert 17809 · Citizens 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 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

76

Q2 2024Q2 2026peer median (50)

Asset Quality

68

Q2 2024Q2 2026peer median (50)

Profitability

14

Q2 2024Q2 2026peer median (50)

Liquidity

29

Q2 2024Q2 2026peer median

Efficiency

8

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

Citizens Bank

Corvallis, OR · Cert 17809 · Citizens Bcorp

State charter, non-member · FDIC · 14 branches

Q2 2026

$823.4MAssets
$389.6MLoans
$702.5MDeposits
$87.2MEquity
Loan mix
89%RE $287.3M10%C&I $32.9M0%Consumer $1.4MQ2 2025Q2 2026
Deposit mix
52%Interest-bearing $364.2M48%Noninterest $338.3MQ2 2025Q2 2026

NIM

4.05%Q2 ’243.67%Q2 ’253.69%Q2 ’26+12%-1%

Non-interest income vs. expense

2.68%Q2 ’243.24%Q2 ’253.17%Q2 ’26+21%-2%

Market Position · Corvallis, OR · 2026 SOD (annual) · 22.3% share · #1 of 8 inst. · $0.4B of $1.6B

22.3% Benton
7.5% Linn
1.1% Lane
3.2% Yamhill

Executive Summary

  • Earnings: ROA of 0.18%, down 10 bps year over year; NIM at 3.21%.
  • Asset quality: problem loans at 0.04% of loans (-51 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 13.88%, up 9 bps from a year ago.
  • Funding: loans stand at 55.46% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.18%-10 bps YoY

Net Interest Margin (YTD, annualized)

3.21%-3 bps YoY

Efficiency Ratio (YTD, annualized)

89.79%-77 bps YoY

Tier 1 Leverage Ratio

13.88%+9 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.27%0.25%0.31%0.30%0.18%-10 bps
Return on Equity2.86%2.54%3.11%2.84%1.67%-119 bps
Net Interest Margin3.25%3.16%3.14%3.20%3.21%-3 bps
Efficiency Ratio90.56%90.89%89.68%89.29%89.79%-77 bps
Non-Interest Burden2.91%2.84%2.79%2.82%2.85%-6 bps
Growth
Asset Growth (YoY)-9.38%1.75%3.03%1.49%-1.13%+825 bps
Loan Growth (YoY)-4.53%-4.22%-3.08%-1.37%5.19%+972 bps
Deposit Growth (YoY)1.52%-0.38%-0.20%-0.92%-3.03%-455 bps
Asset Quality
Nonperforming Loans / Loans0.55%0.27%0.25%0.05%0.04%-51 bps
Net Charge-Offs / Loans0.02%0.02%0.00%0.01%0.00%-2 bps
Allowance / Loans1.60%1.68%1.70%1.69%1.68%+8 bps
Allowance Coverage of NPLs2.9x6.2x6.7x35.4x43.7x+40.8x
Capital
Tier 1 Leverage Ratio13.79%13.41%13.17%13.81%13.88%+9 bps
Total Risk-Based Capital23.94%24.01%23.87%24.37%23.43%-52 bps
Equity / Assets9.63%10.20%10.52%10.70%10.58%+96 bps
Liquidity & Funding
Loans / Deposits51.13%50.63%51.64%53.60%55.46%+433 bps
Liquid Assets / Assets9.60%11.09%8.04%7.15%7.26%-234 bps
CRE / Total Capitaln/a168.97%174.52%176.38%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

Citizens Bank

Corvallis, OR · Cert 17809 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Citizens Bcorp

State charter, non-member · FDIC · 14 branches

Q2 2026

$823.4MAssets
$389.6MLoans
$702.5MDeposits
$87.2MEquity

Executive Summary

  • Strongest standing: tier 1 capital ratio outperforms 88% of banks under $1B in assets operating in a single state (rank 92 of 746).
  • Widest gap: return on equity trails 93% of banks under $1B in assets operating in a single state (rank 693 of 746).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

0.18%

Rank 697 of 746

Net Interest Margin

3.21%

Rank 548 of 746

Efficiency Ratio

89.79%

Rank 685 of 746

Equity / Assets

10.58%

Rank 359 of 746

Non-interest income vs. expense

$2.6M$25.9MINCOMEEXPENSE
Unfavorable gap of $23.3M · efficiency ratio beats 8% of banks under $1B in assets operating in a single state
Bank 89.79%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.18%0.72%1.06%1.45%Beats 7%697 / 746
Return on Equity1.67%6.74%10.51%13.63%Beats 7%693 / 746
Net Interest Margin3.21%3.17%3.68%4.16%Beats 27%548 / 746
Efficiency Ratio89.79%55.74%64.58%75.47%Beats 8%685 / 746
Asset Quality
Nonperforming Loans / Loans0.04%0.09%0.42%1.07%Beats 79%155 / 743
Net Charge-Offs / Loans0.01%0.00%0.01%0.05%Beats 57%319 / 743
Capital
Tier 1 Capital Ratio22.17%11.55%13.75%17.60%Beats 88%92 / 746
Total Risk-Based Capital Ratio23.43%11.71%14.33%18.43%Beats 88%89 / 746
Equity / Assets10.58%8.90%10.51%13.06%Beats 52%359 / 746
Liquidity & Funding
Loans / Deposits55.46%61.31%78.27%90.78%18th pctl613 / 746
Loans / Assets47.32%53.60%66.97%76.08%17th pctl618 / 746
Brokered Deposits / Depositsn/aNot reported for this institution