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Border Bank

Fargo, ND · Cert 20776 · Border Bancshares Inc.

State charter, non-member · FDIC · 11 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets operating regionally3

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 $1B-$10B in assets operating regionally (n=176). 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

20

Q2 2024Q2 2026peer median (50)

Asset Quality

33

Q2 2024Q2 2026peer median (50)

Profitability

45

Q2 2024Q2 2026peer median (50)

Liquidity

39

Q2 2024Q2 2026peer median

Efficiency

40

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

Border Bank

Fargo, ND · Cert 20776 · Border Bancshares Inc.

State charter, non-member · FDIC · 11 branches

Q2 2026

$1.1BAssets
$901.5MLoans
$922.6MDeposits
$96.0MEquity
Loan mix
79%RE $607.9M17%C&I $126.9M4%Consumer $30.4MQ2 2025Q2 2026
Deposit mix
78%Interest-bearing $720.8M22%Noninterest $201.9MQ2 2025Q2 2026

NIM

5.04%Q2 ’245.31%Q2 ’255.61%Q2 ’26+19%+14%

Non-interest income vs. expense

2.84%Q2 ’242.87%Q2 ’252.71%Q2 ’26+4%-8%

Market Position · Fargo, ND-MN · 2026 SOD (annual) · 1.7% share · #12 of 32 inst. · $0.2B of $12.9B

2.0% Cass
37.8% Roseau
18.7% Pennington
72.7% Lake of the Woods

Executive Summary

  • Earnings: ROA of 1.03%, up 49 bps year over year; NIM at 3.73%.
  • Asset quality: problem loans at 1.07% of loans (-28 bps YoY), with net charge-offs at 0.11%.
  • Capital: tier 1 leverage ratio of 9.07%, up 25 bps from a year ago.
  • Funding: loans stand at 97.71% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.03%+49 bps YoY

Net Interest Margin (YTD, annualized)

3.73%+47 bps YoY

Efficiency Ratio (YTD, annualized)

63.05%-1,239 bps YoY

Tier 1 Leverage Ratio

9.07%+25 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.54%0.61%0.76%0.89%1.03%+49 bps
Return on Equity6.38%7.19%8.86%10.07%11.55%+517 bps
Net Interest Margin3.27%3.33%3.34%3.56%3.73%+47 bps
Efficiency Ratio75.44%73.71%70.66%65.03%63.05%-1,239 bps
Non-Interest Burden2.34%2.31%2.19%2.16%2.16%-19 bps
Growth
Asset Growth (YoY)5.94%6.64%8.82%6.83%4.97%-97 bps
Loan Growth (YoY)6.26%10.27%12.68%9.93%5.66%-60 bps
Deposit Growth (YoY)5.29%4.22%5.36%3.73%3.31%-199 bps
Asset Quality
Nonperforming Loans / Loans1.35%2.18%2.00%2.06%1.07%-28 bps
Net Charge-Offs / Loans0.06%0.04%0.02%0.18%0.11%+5 bps
Allowance / Loans1.30%1.34%1.37%1.39%1.47%+17 bps
Allowance Coverage of NPLs1.0x0.6x0.7x0.7x1.4x+0.4x
Capital
Tier 1 Leverage Ratio8.82%8.82%8.85%8.93%9.07%+25 bps
Total Risk-Based Capital11.37%11.18%11.25%11.48%11.79%+42 bps
Equity / Assets8.51%8.62%8.74%8.84%9.06%+54 bps
Liquidity & Funding
Loans / Deposits95.54%98.37%98.85%98.94%97.71%+218 bps
Liquid Assets / Assets0.47%0.08%0.25%0.36%0.48%0 bps
CRE / Total Capitaln/a402%402%403%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

Border Bank

Fargo, ND · Cert 20776 · Peer group: banks $1B-$10B in assets operating regionally (n=176) · Border Bancshares Inc.

State charter, non-member · FDIC · 11 branches

Q2 2026

$1.1BAssets
$901.5MLoans
$922.6MDeposits
$96.0MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 60% of banks $1B-$10B in assets operating regionally (rank 70 of 176).
  • Widest gap: tier 1 capital ratio trails 85% of banks $1B-$10B in assets operating regionally (rank 150 of 176).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

1.03%

Rank 122 of 176

Net Interest Margin

3.73%

Rank 70 of 176

Efficiency Ratio

63.58%

Rank 107 of 176

Equity / Assets

9.06%

Rank 138 of 176

Non-interest income vs. expense

$5.9M$29.1MINCOMEEXPENSE
Unfavorable gap of $23.2M · efficiency ratio beats 40% of banks $1B-$10B in assets operating regionally
Bank 63.58%Peer median 59.6%Q2 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.03%0.93%1.26%1.54%Beats 31%122 / 176
Return on Equity11.35%9.26%11.89%14.46%Beats 44%98 / 176
Net Interest Margin3.73%3.25%3.59%3.93%Beats 60%70 / 176
Efficiency Ratio63.58%52.79%59.55%67.66%Beats 40%107 / 176
Asset Quality
Nonperforming Loans / Loans1.07%0.30%0.64%1.32%Beats 30%125 / 176
Net Charge-Offs / Loans0.07%0.01%0.04%0.10%Beats 35%115 / 176
Capital
Tier 1 Capital Ratio10.54%11.15%12.72%14.15%Beats 15%150 / 176
Total Risk-Based Capital Ratio11.79%11.81%13.63%15.33%Beats 24%133 / 176
Equity / Assets9.06%9.16%10.35%11.80%Beats 22%138 / 176
Liquidity & Funding
Loans / Deposits97.71%80.94%89.73%97.21%78th pctl39 / 176
Loans / Assets85.08%69.25%75.12%80.82%94th pctl10 / 176
Brokered Deposits / Depositsn/aNot reported for this institution