PackageTrendsPeer
Letter portraitLegal landscape

Citizens Bank of Morgantown, Inc.

Morgantown, WV · Cert 22954 · Morgantown Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets3

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 (n=581 to 629). 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

77

Q2 2024Q2 2026peer median (50)

Asset Quality

87

Q2 2024Q2 2026peer median (50)

Profitability

59

Q2 2024Q2 2026peer median (50)

Liquidity

43

Q2 2024Q2 2026peer median

Efficiency

47

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

Citizens Bank of Morgantown, Inc.

Morgantown, WV · Cert 22954 · Morgantown Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$52.6MAssets
$39.8MLoans
$42.5MDeposits
$9.2MEquity
Loan mix
90%RE $34.2M4%C&I $1.6M6%Consumer $2.3MQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $33.8M20%Noninterest $8.7MQ2 2025Q2 2026

NIM

5.06%Q2 ’245.45%Q2 ’255.56%Q2 ’26+20%+9%

Non-interest income vs. expense

3.17%Q2 ’243.48%Q2 ’253.33%Q2 ’26+3%+3%

Market Position · Morgantown, WV · 2026 SOD (annual) · 0.7% share · #10 of 13 inst. · $0.0B of $5.7B

Executive Summary

  • Earnings: ROA of 1.13%, up 20 bps year over year; NIM at 4.60%.
  • Asset quality: problem loans at 0.09% of loans (-50 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 18.79%, up 79 bps from a year ago.
  • Funding: loans stand at 93.48% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.13%+20 bps YoY

Net Interest Margin (YTD, annualized)

4.60%+38 bps YoY

Efficiency Ratio (YTD, annualized)

69.04%-504 bps YoY

Tier 1 Leverage Ratio

18.79%+79 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.92%0.92%1.06%0.90%1.13%+20 bps
Return on Equity5.74%5.70%6.42%5.17%6.43%+68 bps
Net Interest Margin4.22%4.27%4.40%4.52%4.60%+38 bps
Efficiency Ratio74.08%74.16%70.72%73.84%69.04%-504 bps
Non-Interest Burden3.01%3.07%3.01%3.29%3.11%+10 bps
Growth
Asset Growth (YoY)1.99%2.53%3.03%1.24%2.76%+78 bps
Loan Growth (YoY)-1.96%-0.98%4.59%2.24%7.33%+929 bps
Deposit Growth (YoY)1.51%6.28%3.20%-1.17%0.55%-96 bps
Asset Quality
Nonperforming Loans / Loans0.59%0.82%0.60%0.37%0.09%-50 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans2.05%2.05%2.01%2.04%1.96%-9 bps
Allowance Coverage of NPLs3.5x2.5x3.4x5.5x21.1x+17.6x
Capital
Tier 1 Leverage Ratio17.99%17.94%18.42%18.61%18.79%+79 bps
Total Risk-Based Capital17.99%17.94%18.42%18.61%18.79%+79 bps
Equity / Assets16.31%16.41%17.51%17.49%17.58%+127 bps
Liquidity & Funding
Loans / Deposits87.57%86.41%91.95%90.59%93.48%+591 bps
Liquid Assets / Assets0.65%0.90%0.56%0.45%0.45%-20 bps
CRE / Total Capitaln/a53.70%51.35%46.12%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

Citizens Bank of Morgantown, Inc.

Morgantown, WV · Cert 22954 · Peer group: banks under $1B in assets (n=581-629) · Morgantown Bancshares Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$52.6MAssets
$39.8MLoans
$42.5MDeposits
$9.2MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets (rank 158 of 581).
  • Widest gap: return on equity trails 71% of banks under $1B in assets (rank 444 of 629).
  • Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

1.11%

Rank 276 of 629

Net Interest Margin

4.60%

Rank 53 of 629

Efficiency Ratio

69.04%

Rank 333 of 629

Equity / Assets

17.58%

Rank 98 of 629

Non-interest income vs. expense

$0.1M$1.7MINCOMEEXPENSE
Unfavorable gap of $1.6M · efficiency ratio beats 47% of banks under $1B in assets
Bank 69.04%Peer median 67.8%Q4 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.11%0.60%1.01%1.45%Beats 56%276 / 629
Return on Equity6.34%5.38%9.30%13.28%Beats 29%444 / 629
Net Interest Margin4.60%3.03%3.54%4.05%Beats 92%53 / 629
Efficiency Ratio69.04%58.35%67.79%79.08%Beats 47%333 / 629
Asset Quality
Nonperforming Loans / Loans0.09%0.09%0.46%1.20%Beats 74%150 / 581
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 100%158 / 581
Capital
Tier 1 Capital Ratio18.79%11.24%13.84%18.77%Beats 75%156 / 629
Total Risk-Based Capital Ratio18.79%11.58%14.43%19.66%Beats 73%171 / 629
Equity / Assets17.58%9.09%10.65%13.80%Beats 84%98 / 629
Liquidity & Funding
Loans / Deposits93.48%67.24%80.90%93.48%75th pctl149 / 594
Loans / Assets75.59%53.31%67.71%78.15%68th pctl203 / 629
Brokered Deposits / Depositsn/aNot reported for this institution