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Bank of the Mountains, Inc.

West Liberty, KY · Cert 21219 · Mountain Bcorp Inc.

State charter, non-member · FDIC · 3 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 KY3

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 KY (n=69). 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

45

Q2 2024Q2 2026peer median (50)

Asset Quality

38

Q2 2024Q2 2026peer median (50)

Profitability

46

Q2 2024Q2 2026peer median (50)

Liquidity

75

Q2 2024Q2 2026peer median

Efficiency

10

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

Bank of the Mountains, Inc.

West Liberty, KY · Cert 21219 · Mountain Bcorp Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$100.0MAssets
$75.4MLoans
$88.0MDeposits
$9.3MEquity
Loan mix
70%RE $48.1M5%C&I $3.8M24%Consumer $16.8MQ2 2025Q2 2026
Deposit mix
67%Interest-bearing $58.8M33%Noninterest $29.1MQ2 2025Q2 2026

NIM

5.20%Q2 ’245.58%Q2 ’255.61%Q2 ’26+3%+1%

Non-interest income vs. expense

3.92%Q2 ’243.87%Q2 ’254.00%Q2 ’26+1%+12%

Executive Summary

  • Earnings: ROA of 0.77%, down 26 bps year over year; NIM at 4.58%.
  • Asset quality: problem loans at 0.57% of loans (+5 bps YoY), with net charge-offs at 0.08%.
  • Capital: tier 1 leverage ratio of 9.23%, down 46 bps from a year ago.
  • Funding: loans stand at 85.77% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.77%-26 bps YoY

Net Interest Margin (YTD, annualized)

4.58%+5 bps YoY

Efficiency Ratio (YTD, annualized)

79.77%+546 bps YoY

Tier 1 Leverage Ratio

9.23%-46 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.03%1.02%0.92%0.40%0.77%-26 bps
Return on Equity10.61%10.61%9.53%4.26%8.18%-244 bps
Net Interest Margin4.53%4.55%4.48%4.09%4.58%+5 bps
Efficiency Ratio74.31%74.16%75.07%90.16%79.77%+546 bps
Non-Interest Burden3.19%3.21%3.20%3.57%3.57%+37 bps
Growth
Asset Growth (YoY)8.72%8.78%4.92%5.42%2.27%-645 bps
Loan Growth (YoY)8.64%9.49%10.98%7.90%14.19%+555 bps
Deposit Growth (YoY)8.92%9.29%4.96%5.51%1.94%-698 bps
Asset Quality
Nonperforming Loans / Loans0.51%0.60%0.65%0.55%0.57%+5 bps
Net Charge-Offs / Loans0.04%0.05%0.07%0.06%0.08%+4 bps
Allowance / Loans1.38%1.33%1.42%1.38%1.25%-13 bps
Allowance Coverage of NPLs2.7x2.2x2.2x2.5x2.2x-0.5x
Capital
Tier 1 Leverage Ratio9.69%9.58%9.39%9.50%9.23%-46 bps
Total Risk-Based Capital15.48%15.15%14.79%16.34%14.43%-106 bps
Equity / Assets9.56%9.54%9.59%9.25%9.29%-28 bps
Liquidity & Funding
Loans / Deposits76.57%78.37%80.19%79.10%85.77%+921 bps
Liquid Assets / Assets4.22%3.45%3.45%3.09%3.59%-63 bps
CRE / Total Capitaln/a102.36%104.81%107.46%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

Bank of the Mountains, Inc.

West Liberty, KY · Cert 21219 · Peer group: banks under $1B in assets in KY (n=69) · Mountain Bcorp Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$100.0MAssets
$75.4MLoans
$88.0MDeposits
$9.3MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 90% of banks under $1B in assets in KY (rank 7 of 69).
  • Widest gap: efficiency ratio trails 90% of banks under $1B in assets in KY (rank 63 of 69).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.76%

Rank 55 of 69

Net Interest Margin

4.58%

Rank 7 of 69

Efficiency Ratio

79.77%

Rank 63 of 69

Equity / Assets

9.29%

Rank 40 of 69

Non-interest income vs. expense

$0.4M$4.0MINCOMEEXPENSE
Unfavorable gap of $3.6M · efficiency ratio beats 10% of banks under $1B in assets in KY
Bank 79.77%Peer median 63.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.76%0.83%1.18%1.44%Beats 20%55 / 69
Return on Equity8.18%7.64%11.70%15.70%Beats 28%50 / 69
Net Interest Margin4.58%3.45%3.75%3.96%Beats 90%7 / 69
Efficiency Ratio79.77%55.32%62.99%70.80%Beats 10%63 / 69
Asset Quality
Nonperforming Loans / Loans0.57%0.18%0.52%1.14%Beats 46%38 / 69
Net Charge-Offs / Loans0.04%0.01%0.02%0.06%Beats 30%49 / 69
Capital
Tier 1 Capital Ratio13.17%11.33%13.58%16.27%Beats 45%38 / 69
Total Risk-Based Capital Ratio14.43%11.55%14.43%17.27%Beats 49%35 / 69
Equity / Assets9.29%8.31%9.91%12.53%Beats 42%40 / 69
Liquidity & Funding
Loans / Deposits85.77%71.40%81.07%88.03%65th pctl24 / 69
Loans / Assets75.43%61.10%68.66%76.68%68th pctl22 / 69
Brokered Deposits / Depositsn/aNot reported for this institution