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Piqua State Bank

Piqua, KS · Cert 18089

FDIC · 2 branches

Q2 2023

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2023, the quarter ended June 30, 2023, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

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

Piqua State Bank

Piqua, KS · Cert 18089

FDIC · 2 branches

Q2 2023

$31.7MAssets
$9.0MLoans
$27.3MDeposits
$2.7MEquity
Loan mix
73%RE $4.7M15%C&I $0.9M12%Consumer $0.8MQ2 2022Q2 2023
Deposit mix
49%Interest-bearing $13.5M51%Noninterest $13.8MQ2 2022Q2 2023

NIM

2.65%Q2 ’212.48%Q2 ’223.04%Q2 ’23-5%+15%

Non-interest income vs. expense

2.78%Q2 ’212.69%Q2 ’223.63%Q2 ’23-2%+35%

Executive Summary

  • Earnings: ROA of -0.27%, down 54 bps year over year; NIM at 2.70%.
  • Asset quality: problem loans at 3.06% of loans (+263 bps YoY), with net recoveries of 0.31%.
  • Capital: tier 1 leverage ratio of 11.00%, up 126 bps from a year ago.
  • Funding: loans stand at 33.14% of deposits as of Q2 2023.

Financial Results

Return on Assets (YTD, annualized)

-0.27%-54 bps YoY

Net Interest Margin (YTD, annualized)

2.70%+35 bps YoY

Efficiency Ratio (YTD, annualized)

102.84%+1,223 bps YoY

Tier 1 Leverage Ratio

11.00%+126 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets0.27%0.17%0.13%-0.05%-0.27%-54 bps
Return on Equity3.18%2.12%1.59%-0.59%-3.25%-644 bps
Net Interest Margin2.35%2.45%2.54%2.61%2.70%+35 bps
Efficiency Ratio90.61%93.69%95.35%100.34%102.84%+1,223 bps
Non-Interest Burden2.08%2.26%2.39%2.63%2.80%+73 bps
Growth
Asset Growth (YoY)0.55%-2.17%-3.71%-9.68%-18.47%-1,902 bps
Loan Growth (YoY)-7.96%-9.13%-0.35%-8.99%-9.66%-170 bps
Deposit Growth (YoY)2.62%-2.15%-3.04%-13.80%-24.11%-2,673 bps
Asset Quality
Nonperforming Loans / Loans0.43%0.00%0.00%2.00%3.06%+263 bps
Net Charge-Offs / Loans-0.36%-0.24%-0.10%-0.61%-0.31%+5 bps
Allowance / Loans4.32%4.34%4.36%4.77%4.85%+53 bps
Allowance Coverage of NPLs10.1xn/an/a2.4x1.6x-8.5x
Capital
Tier 1 Leverage Ratio9.74%10.06%10.35%10.74%11.00%+126 bps
Total Risk-Based Capital29.30%30.07%29.58%33.03%11.00%-1,830 bps
Equity / Assets7.37%7.38%7.88%8.26%8.53%+116 bps
Liquidity & Funding
Loans / Deposits27.84%30.74%31.64%31.91%33.14%+530 bps
Liquid Assets / Assets40.23%39.33%40.99%40.59%42.36%+213 bps
CRE / Total Capitaln/an/an/an/an/an/an/a