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Better Banks

Peoria, IL · Cert 1808 · Backlund Inv Employee STK Ownership Plan

State charter, non-member · FDIC · 1 affiliate bank · 9 branches (12 in holding)

Q2 2026

$445.8MAssets
$300.5MLoans
$407.0MDeposits
$35.5MEquity
Loan mix
53%RE $148.8M6%C&I $16.0M41%Consumer $115.2MQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $327.1M20%Noninterest $79.9MQ2 2025Q2 2026

NIM

4.36%Q2 ’244.45%Q2 ’254.75%Q2 ’26+9%+15%

Non-interest income vs. expense

3.06%Q2 ’243.25%Q2 ’253.81%Q2 ’26-4%+24%

Market Position · Peoria, IL · 2026 SOD (annual) · 3.9% share · #7 of 35 inst. · $0.4B of $10.0B

7.9% Peoria
8.0% Stark
0.3% Tazewell
1.2% Fulton

Executive Summary

  • Earnings: ROA of 0.89%, up 13 bps year over year; NIM at 3.74%.
  • Asset quality: problem loans at 1.55% of loans (+1 bps YoY), with net charge-offs at 0.16%.
  • Capital: tier 1 leverage ratio of 9.43%, up 31 bps from a year ago.
  • Funding: loans stand at 73.84% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.89%+13 bps YoY

Net Interest Margin (quarter, annualized)

3.74%+50 bps YoY

Efficiency Ratio (quarter, annualized)

74.24%+265 bps YoY

Tier 1 Leverage Ratio

9.43%+31 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.77%0.78%0.85%1.00%0.89%+13 bps
Return on Equity10.58%10.36%10.80%12.43%11.16%+58 bps
Net Interest Margin3.24%3.44%3.57%3.69%3.74%+50 bps
Efficiency Ratio71.59%70.78%68.53%69.27%74.24%+265 bps
Non-Interest Burden1.95%2.06%2.02%2.17%2.42%+47 bps
Growth
Asset Growth (YoY)-7.36%-1.65%-2.28%-1.28%4.29%+1,165 bps
Loan Growth (YoY)0.18%1.18%0.29%1.89%3.46%+329 bps
Deposit Growth (YoY)-8.93%-2.40%-3.68%-2.30%3.62%+1,255 bps
Asset Quality
Nonperforming Loans / Loans1.54%1.33%1.19%1.40%1.55%+1 bps
Net Charge-Offs / Loans0.13%0.17%0.26%0.10%0.16%+3 bps
Allowance / Loans1.27%1.27%1.28%1.33%1.32%+6 bps
Allowance Coverage of NPLs0.8x1.0x1.1x1.0x0.9x0.0x
Capital
Tier 1 Leverage Ratio9.13%9.15%9.35%9.40%9.43%+31 bps
Total Risk-Based Capital14.38%14.41%14.60%14.62%14.61%+23 bps
Equity / Assets7.37%7.60%8.09%8.07%7.96%+60 bps
Liquidity & Funding
Loans / Deposits73.95%72.74%73.83%75.21%73.84%-11 bps
Liquid Assets / Assets15.03%16.31%15.46%14.74%16.75%+172 bps
CRE / Total Capitaln/a78.62%84.63%89.24%n/an/a