Blackhawk Bank & Trust

Milan, IL · Cert 18402 · Blackhawk Bcorp Inc.

State charter, non-member · FDIC · 19 branches

Q2 2026

$2.0BAssets

$1.3BLoans

$1.6BDeposits

$194.9MEquity

Loan mix

Deposit mix

NIM

Market Position · Davenport-Moline-Rock Island, IA-IL · 2026 SOD (annual) · 15.2% share · #2 of 29 inst. · $1.6B of $10.5B

40.3% Rock Island

3.7% Scott

7.5% Henry

19.4% Mercer

Earnings: ROA of 1.76%, up 77 bps year over year; NIM at 3.52%.
Asset quality: problem loans at 0.09% of loans (-27 bps YoY), with net charge-offs at 0.00%.

Return on Assets (quarter, annualized)

1.76%+77 bps YoY

Net Interest Margin (quarter, annualized)

3.52%+103 bps YoY

Efficiency Ratio (quarter, annualized)

42.89%-1,445 bps YoY

Tier 1 Leverage Ratio

10.54%+54 bps YoY

Discrete quarter, annualized.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	0.99%	1.10%	1.32%	1.33%	1.76%	+77 bps
Return on Equity	10.91%	11.59%	13.54%	13.65%	18.21%	+730 bps
Net Interest Margin	2.49%	2.75%	3.09%	3.10%	3.52%	+103 bps
Efficiency Ratio	57.34%	54.11%	51.01%	49.42%	42.89%	-1,445 bps
Non-Interest Burden	1.29%	1.35%	1.41%	1.36%	1.22%	-7 bps
Growth
Asset Growth (YoY)	1.69%	2.54%	3.40%	1.96%	9.13%	+744 bps
Loan Growth (YoY)	16.41%	11.50%	11.10%	8.04%	9.59%	-682 bps
Deposit Growth (YoY)	10.92%	14.18%	15.12%	12.76%	8.08%	-284 bps
Asset Quality
Nonperforming Loans / Loans	0.36%	0.44%	0.33%	0.10%	0.09%	-27 bps
Net Charge-Offs / Loans	0.01%	0.01%	-0.03%	0.22%	0.00%	-1 bps
Allowance / Loans	0.95%	0.96%	0.96%	0.92%	1.01%	+6 bps
Allowance Coverage of NPLs	2.7x	2.2x	2.9x	9.6x	11.0x	+8.3x
Capital
Tier 1 Leverage Ratio	10.00%	10.48%	10.46%	10.78%	10.54%	+54 bps
Total Risk-Based Capital	10.00%	10.48%	10.46%	10.78%	10.54%	+54 bps
Equity / Assets	9.25%	9.73%	9.76%	9.74%	9.57%	+31 bps
Liquidity & Funding
Loans / Deposits	78.03%	76.37%	76.26%	78.56%	79.12%	+109 bps
Liquid Assets / Assets	1.83%	2.58%	2.15%	1.61%	1.57%	-26 bps
CRE / Total Capital	n/a	385%	388%	377%	n/a	n/a