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Oconee State Bank

Watkinsville, GA · Cert 18143 · Oconee Financial Corp.

State charter, non-member · FDIC · 6 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

39

Q2 2024Q2 2026peer median (50)

Asset Quality

27

Q2 2024Q2 2026peer median (50)

Profitability

45

Q2 2024Q2 2026peer median (50)

Liquidity

79

Q2 2024Q2 2026peer median

Efficiency

29

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

Oconee State Bank

Watkinsville, GA · Cert 18143 · Oconee Financial Corp.

State charter, non-member · FDIC · 6 branches

Q2 2026

$744.1MAssets
$544.6MLoans
$658.3MDeposits
$68.9MEquity
Loan mix
95%RE $478.4M5%C&I $24.8M1%Consumer $2.7MQ2 2025Q2 2026
Deposit mix
79%Interest-bearing $520.8M21%Noninterest $137.5MQ2 2025Q2 2026

NIM

5.34%Q2 ’245.35%Q2 ’255.47%Q2 ’26+1%+2%

Non-interest income vs. expense

3.44%Q2 ’243.46%Q2 ’253.53%Q2 ’26-6%+12%

Market Position · Athens-Clarke County, GA · 2026 SOD (annual) · 7.9% share · #5 of 19 inst. · $0.5B of $6.4B

24.9% Oconee
0.3% Gwinnett
1.0% Bibb
1.1% Clarke

Executive Summary

  • Earnings: ROA of 0.81%, down 13 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 2.83% of loans (+168 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 9.98%, up 74 bps from a year ago.
  • Funding: loans stand at 82.73% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.81%-13 bps YoY

Net Interest Margin (YTD, annualized)

4.02%+8 bps YoY

Efficiency Ratio (YTD, annualized)

72.97%+345 bps YoY

Tier 1 Leverage Ratio

9.98%+74 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.95%1.03%0.98%0.71%0.81%-13 bps
Return on Equity11.45%12.02%11.26%7.80%8.87%-258 bps
Net Interest Margin3.93%3.95%3.74%3.89%4.02%+8 bps
Efficiency Ratio69.52%69.26%70.54%75.92%72.97%+345 bps
Non-Interest Burden2.42%2.43%2.39%2.79%2.72%+29 bps
Growth
Asset Growth (YoY)11.29%10.80%14.69%11.86%11.04%-26 bps
Loan Growth (YoY)24.60%22.72%17.43%18.81%16.24%-836 bps
Deposit Growth (YoY)9.62%10.79%13.88%10.94%11.70%+208 bps
Asset Quality
Nonperforming Loans / Loans1.15%1.23%1.29%1.69%2.83%+168 bps
Net Charge-Offs / Loans0.10%0.07%0.08%0.05%0.02%-8 bps
Allowance / Loans1.32%1.35%1.35%1.35%1.35%+3 bps
Allowance Coverage of NPLs1.1x1.1x1.0x0.8x0.5x-0.7x
Capital
Tier 1 Leverage Ratio9.24%10.02%9.53%9.77%9.98%+74 bps
Total Risk-Based Capital13.40%14.68%14.75%14.64%14.13%+73 bps
Equity / Assets8.34%9.28%9.09%9.19%9.25%+92 bps
Liquidity & Funding
Loans / Deposits79.50%77.76%74.42%78.88%82.73%+323 bps
Liquid Assets / Assets3.08%5.44%9.92%6.20%3.86%+78 bps
CRE / Total Capitaln/a475%480%504%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

Oconee State Bank

Watkinsville, GA · Cert 18143 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Oconee Financial Corp.

State charter, non-member · FDIC · 6 branches

Q2 2026

$744.1MAssets
$544.6MLoans
$658.3MDeposits
$68.9MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 68% of banks under $1B in assets operating in a single state (rank 242 of 746).
  • Widest gap: nonperforming loans / loans trails 94% of banks under $1B in assets operating in a single state (rank 696 of 743).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.80%

Rank 519 of 746

Net Interest Margin

4.02%

Rank 242 of 746

Efficiency Ratio

73.26%

Rank 532 of 746

Equity / Assets

9.25%

Rank 524 of 746

Non-interest income vs. expense

$5.9M$25.7MINCOMEEXPENSE
Unfavorable gap of $19.7M · efficiency ratio beats 29% of banks under $1B in assets operating in a single state
Bank 73.26%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.80%0.72%1.06%1.45%Beats 30%519 / 746
Return on Equity8.67%6.74%10.51%13.63%Beats 38%460 / 746
Net Interest Margin4.02%3.17%3.68%4.16%Beats 68%242 / 746
Efficiency Ratio73.26%55.74%64.58%75.47%Beats 29%532 / 746
Asset Quality
Nonperforming Loans / Loans2.83%0.09%0.42%1.07%Beats 6%696 / 743
Net Charge-Offs / Loans0.01%0.00%0.01%0.05%Beats 47%393 / 743
Capital
Tier 1 Capital Ratio12.88%11.55%13.75%17.60%Beats 40%444 / 746
Total Risk-Based Capital Ratio14.13%11.71%14.33%18.43%Beats 48%389 / 746
Equity / Assets9.25%8.90%10.51%13.06%Beats 30%524 / 746
Liquidity & Funding
Loans / Deposits82.73%61.31%78.27%90.78%59th pctl305 / 746
Loans / Assets73.19%53.60%66.97%76.08%67th pctl248 / 746
Brokered Deposits / Depositsn/aNot reported for this institution