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Watkins Savings Bank, The

Watkins, IA · Cert 18071

State charter, non-member · FDIC · 1 branch

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

63

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

10

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

36

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

Watkins Savings Bank, The

Watkins, IA · Cert 18071

State charter, non-member · FDIC · 1 branch

Q2 2026

$86.7MAssets
$32.5MLoans
$75.0MDeposits
$11.4MEquity
Loan mix
96%RE $21.4M1%C&I $0.3M3%Consumer $0.7MQ3 2024Q2 2026
Deposit mix
84%Interest-bearing $62.9M16%Noninterest $12.2MQ3 2024Q2 2026

Market Position · Cedar Rapids, IA · 2026 SOD (annual) · 0.9% share · #23 of 35 inst. · $0.1B of $8.8B

Executive Summary

  • Earnings: ROA of 0.51%, up 18 bps year over year; NIM at 1.78%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 14.80%, down 73 bps from a year ago.
  • Funding: loans stand at 43.28% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.51%+18 bps YoY

Net Interest Margin (YTD, annualized)

1.78%+16 bps YoY

Efficiency Ratio (YTD, annualized)

70.75%-965 bps YoY

Tier 1 Leverage Ratio

14.80%-73 bps YoY

NIM

3.32%Q2 ’243.28%Q2 ’253.33%Q2 ’26-10%+10%

Non-interest income vs. expense

1.42%Q2 ’241.33%Q2 ’251.28%Q2 ’26-6%-3%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.32%0.39%0.36%0.32%0.35%0.34%0.51%0.51%+18 bps
Return on Equity2.64%3.23%2.90%2.59%2.69%2.66%3.85%3.87%+128 bps
Net Interest Margin1.74%1.69%1.65%1.62%1.63%1.60%1.76%1.78%+16 bps
Efficiency Ratio80.24%76.15%78.71%80.40%79.28%77.98%71.90%70.75%-965 bps
Non-Interest Burden1.39%1.28%1.30%1.30%1.28%1.24%1.25%1.25%-4 bps
Growth
Asset Growth (YoY)2.46%-1.35%2.93%4.60%4.72%5.88%6.24%5.56%+96 bps
Loan Growth (YoY)9.04%8.72%6.55%7.20%4.84%-0.65%-3.67%-1.67%-887 bps
Deposit Growth (YoY)-0.63%-1.62%1.76%3.41%4.35%4.34%5.80%5.21%+180 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.06%0.32%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.54%0.50%0.50%0.51%0.52%0.51%0.52%0.52%+1 bps
Allowance Coverage of NPLsn/an/an/an/a8.9x1.6xn/an/an/a
Capital
Tier 1 Leverage Ratio16.56%16.37%15.58%15.53%15.54%15.03%15.08%14.80%-73 bps
Total Risk-Based Capital16.56%16.37%15.58%15.53%15.54%15.03%15.08%14.80%-73 bps
Equity / Assets13.30%12.09%12.57%12.81%13.79%13.34%12.96%13.12%+31 bps
Liquidity & Funding
Loans / Deposits47.07%49.15%47.89%46.31%47.30%46.80%43.61%43.28%-303 bps
Liquid Assets / Assets0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0 bps
CRE / Total Capitaln/an/an/an/a1.89%1.82%1.67%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

Watkins Savings Bank, The

Watkins, IA · Cert 18071 · Peer group: banks under $1B in assets operating in a single state (n=743-746)

State charter, non-member · FDIC · 1 branch

Q2 2026

$86.7MAssets
$32.5MLoans
$75.0MDeposits
$11.4MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 105 of 743).
  • Widest gap: net interest margin trails 99% of banks under $1B in assets operating in a single state (rank 735 of 746).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

0.50%

Rank 633 of 746

Net Interest Margin

1.78%

Rank 735 of 746

Efficiency Ratio

70.75%

Rank 482 of 746

Equity / Assets

13.12%

Rank 181 of 746

Non-interest income vs. expense

$0.0M$1.2MINCOMEEXPENSE
Unfavorable gap of $1.1M · efficiency ratio beats 36% of banks under $1B in assets operating in a single state
Bank 70.75%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.50%0.72%1.06%1.45%Beats 15%633 / 746
Return on Equity3.83%6.74%10.51%13.63%Beats 14%645 / 746
Net Interest Margin1.78%3.17%3.68%4.16%Beats 1%735 / 746
Efficiency Ratio70.75%55.74%64.58%75.47%Beats 36%482 / 746
Asset Quality
Nonperforming Loans / Loans0.00%0.09%0.42%1.07%Beats 100%105 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 100%185 / 743
Capital
Tier 1 Capital Ratio14.80%11.55%13.75%17.60%Beats 59%304 / 746
Total Risk-Based Capital Ratio14.80%11.71%14.33%18.43%Beats 54%346 / 746
Equity / Assets13.12%8.90%10.51%13.06%Beats 76%181 / 746
Liquidity & Funding
Loans / Deposits43.28%61.31%78.27%90.78%7th pctl694 / 746
Loans / Assets37.44%53.60%66.97%76.08%7th pctl692 / 746
Brokered Deposits / Depositsn/aNot reported for this institution