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Southern Heritage Bank

Jonesville, LA · Cert 20698 · SHB Bcorp Inc.

State charter, non-member · FDIC · 10 branches

Q2 2026

$397.9MAssets
$288.7MLoans
$355.1MDeposits
$37.9MEquity
Loan mix
87%RE $244.2M9%C&I $26.5M4%Consumer $11.4MQ2 2025Q2 2026
Deposit mix
71%Interest-bearing $250.7M29%Noninterest $104.4MQ2 2025Q2 2026

NIM

5.20%Q2 ’245.51%Q2 ’255.75%Q2 ’26+7%+12%

Non-interest income vs. expense

3.00%Q2 ’243.02%Q2 ’253.23%Q2 ’26+1%+9%

Market Position · Alexandria, LA · 2026 SOD (annual) · 3.5% share · #8 of 15 inst. · $0.1B of $3.4B

49.2% LaSalle
3.7% Rapides
20.9% Catahoula

Executive Summary

  • Earnings: ROA of 1.34%, up 26 bps year over year; NIM at 4.35%.
  • Asset quality: problem loans at 0.72% of loans (-41 bps YoY), with net charge-offs at 0.29%.
  • Capital: tier 1 leverage ratio of 10.54%, up 41 bps from a year ago.
  • Funding: loans stand at 81.30% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.34%+26 bps YoY

Net Interest Margin (YTD, annualized)

4.35%+48 bps YoY

Efficiency Ratio (YTD, annualized)

65.34%-231 bps YoY

Tier 1 Leverage Ratio

10.54%+41 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.07%1.20%1.32%1.39%1.34%+26 bps
Return on Equity12.48%13.70%14.98%14.90%14.18%+170 bps
Net Interest Margin3.87%4.03%4.09%4.24%4.35%+48 bps
Efficiency Ratio67.65%65.17%63.44%62.71%65.34%-231 bps
Non-Interest Burden2.42%2.42%2.36%2.42%2.64%+21 bps
Growth
Asset Growth (YoY)2.19%6.80%4.78%3.08%0.71%-148 bps
Loan Growth (YoY)5.71%0.45%1.37%1.74%2.75%-296 bps
Deposit Growth (YoY)4.23%8.17%5.07%3.46%-0.48%-472 bps
Asset Quality
Nonperforming Loans / Loans1.13%0.87%0.92%0.85%0.72%-41 bps
Net Charge-Offs / Loans0.12%-0.22%-0.14%-0.01%0.29%+17 bps
Allowance / Loans0.75%1.03%1.00%1.02%0.85%+10 bps
Allowance Coverage of NPLs0.7x1.2x1.1x1.2x1.2x+0.5x
Capital
Tier 1 Leverage Ratio10.13%10.39%10.44%10.57%10.54%+41 bps
Total Risk-Based Capital10.13%10.39%10.44%10.57%10.54%+41 bps
Equity / Assets8.75%9.16%9.26%9.46%9.53%+78 bps
Liquidity & Funding
Loans / Deposits78.74%77.60%77.03%78.40%81.30%+256 bps
Liquid Assets / Assets2.28%2.27%1.75%0.65%0.61%-167 bps
CRE / Total Capitaln/a244%235%234%n/an/a