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Cusb Bank

Cresco, IA · Cert 18443 · How-Win Development Co.

State charter, Fed member · FED · 7 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in IA3

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 in IA (n=134 to 135). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer Standing

Trailing 9 quarters, through Q2 2026

Capital

41

Q2 2024Q2 2026Peer median (50)

Asset Quality

28

Q2 2024Q2 2026Peer median (50)

Profitability

55

Q2 2024Q2 2026Peer median (50)

Liquidity

48

Q2 2024Q2 2026Peer median (100)

Efficiency

58

Q2 2024Q2 2026Peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is a stronger peer standing, and the peer median is fixed at 50. Liquidity, Growth: closeness to the peer median, 100 at the median.

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 2026-10-12

Cusb Bank

Cresco, IA · Cert 18443 · How-Win Development Co.

State charter, Fed member · FED · 7 branches

Q2 2026

$812.1MAssets
$643.1MLoans
$699.3MDeposits
$95.6MEquity
Loan mix
83%RE $425.0M12%C&I $61.8M5%Consumer $24.2MQ3 2024Q2 2026
Deposit mix
91%Interest-bearing $635.7M9%Noninterest $63.6MQ3 2024Q2 2026

Market Position · Waterloo-Cedar Falls, IA · 2026 SOD (annual) · 0.6% share · #22 of 23 inst. · $0.0B of $4.7B

66.9% Howard
17.0% Mitchell
12.2% Floyd
3.7% Winneshiek

Executive Summary

  • Earnings: ROA of 1.25%, up 19 bps year over year; NIM at 3.46%.
  • Asset quality: problem loans at 0.65% of loans (-7 bps YoY), with net charge-offs at 0.19%.
  • Capital: tier 1 leverage ratio of 12.27%, up 52 bps from a year ago.
  • Funding: loans stand at 91.97% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.25%+19 bps YoY

Net Interest Margin (YTD, annualized)

3.46%+46 bps YoY

Efficiency Ratio (YTD, annualized)

54.50%+24 bps YoY

Tier 1 Leverage Ratio

12.27%+52 bps YoY

NIM

5.07%Q2 ’245.24%Q2 ’255.29%Q2 ’26+12%+15%

Non-interest income vs. expense

1.93%Q2 ’241.85%Q2 ’252.09%Q2 ’26-5%+16%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.76%0.77%0.92%1.05%1.06%1.03%1.17%1.25%+19 bps
Return on Equity7.08%7.18%8.69%9.87%9.80%9.33%10.20%10.75%+88 bps
Net Interest Margin2.64%2.65%2.89%3.01%3.08%3.09%3.41%3.46%+46 bps
Efficiency Ratio62.99%62.51%56.57%54.26%55.03%56.07%55.17%54.50%+24 bps
Non-Interest Burden1.52%1.51%1.47%1.44%1.49%1.53%1.68%1.67%+23 bps
Growth
Asset Growth (YoY)9.92%4.69%6.82%2.71%1.87%4.50%2.31%4.65%+194 bps
Loan Growth (YoY)9.06%7.63%7.90%6.44%3.99%5.34%4.16%4.17%-226 bps
Deposit Growth (YoY)4.55%8.61%15.06%9.58%11.10%6.28%1.16%4.20%-538 bps
Asset Quality
Nonperforming Loans / Loans0.42%0.16%0.31%0.71%0.54%0.82%0.35%0.65%-7 bps
Net Charge-Offs / Loans0.04%0.09%0.04%0.05%0.05%0.06%0.11%0.19%+14 bps
Allowance / Loans1.25%1.26%1.30%1.34%1.40%1.39%1.41%1.40%+5 bps
Allowance Coverage of NPLs2.9x7.7x4.2x1.9x2.6x1.7x4.0x2.2x+0.3x
Capital
Tier 1 Leverage Ratio11.68%11.47%11.60%11.76%12.15%12.07%12.33%12.27%+52 bps
Total Risk-Based Capital11.68%11.47%11.60%11.76%12.15%12.07%12.33%12.27%+52 bps
Equity / Assets11.00%10.59%10.56%10.93%11.38%11.46%11.57%11.77%+85 bps
Liquidity & Funding
Loans / Deposits93.43%89.96%87.16%91.99%87.46%89.16%89.75%91.97%-2 bps
Liquid Assets / Assets1.84%1.37%1.23%0.46%1.68%1.11%1.28%0.75%+30 bps
CRE / Total Capitaln/an/an/an/a158.65%170.90%166.65%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 2026-10-12

Cusb Bank

Cresco, IA · Cert 18443 · Peer group: banks under $1B in assets in IA (n=134-135) · How-Win Development Co.

State charter, Fed member · FED · 7 branches

Q2 2026

$812.1MAssets
$643.1MLoans
$699.3MDeposits
$95.6MEquity

Executive Summary

  • Strongest standing: equity / assets outperforms 59% of banks under $1B in assets in IA (rank 55 of 135).
  • Widest gap: net charge-offs / loans trails 89% of banks under $1B in assets in IA (rank 120 of 134).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.25%

Rank 63 of 135

Net Interest Margin

3.46%

Rank 59 of 135

Efficiency Ratio

54.50%

Rank 58 of 135

Equity / Assets

11.77%

Rank 55 of 135

Non-interest income vs. expense

$3.5M$17.2MINCOMEEXPENSE
Unfavorable gap of $13.8M · efficiency ratio beats 58% of banks under $1B in assets in IA
Bank 54.50%Peer median 57.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.25%0.92%1.19%1.47%Beats 53%63 / 135
Return on Equity10.59%7.99%10.26%13.14%Beats 55%61 / 135
Net Interest Margin3.46%2.95%3.41%3.73%Beats 56%59 / 135
Efficiency Ratio54.50%50.61%57.35%63.29%Beats 58%58 / 135
Asset Quality
Nonperforming Loans / Loans0.65%0.03%0.51%1.26%Beats 44%76 / 134
Net Charge-Offs / Loans0.14%n/a0.01%0.03%Beats 11%120 / 134
Capital
Tier 1 Capital Ratio12.27%11.23%13.31%15.45%Beats 35%88 / 135
Total Risk-Based Capital Ratio12.27%11.61%14.06%16.47%Beats 30%95 / 135
Equity / Assets11.77%9.87%11.05%13.07%Beats 59%55 / 135
Liquidity & Funding
Loans / Deposits91.97%68.54%81.55%91.24%76th pctl32 / 134
Loans / Assets79.19%57.61%68.06%76.23%83rd pctl23 / 135
Brokered Deposits / Depositsn/aNot reported for this institution