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Summit National Bank

Hulett, WY · Cert 25054 · Mode Eleven Bcorp

National charter · OCC · 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 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 under $1B in assets operating regionally (n=94). 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

0

Q2 2024Q2 2026peer median (50)

Asset Quality

60

Q2 2024Q2 2026peer median (50)

Profitability

0

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

1

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

Summit National Bank

Hulett, WY · Cert 25054 · Mode Eleven Bcorp

National charter · OCC · 3 branches

Q2 2026

$65.9MAssets
$33.4MLoans
$64.0MDeposits
$1.6MEquity
Loan mix
86%RE $15.0M10%C&I $1.7M4%Consumer $0.7MQ3 2024Q2 2026
Deposit mix
76%Interest-bearing $48.5M24%Noninterest $15.5MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of -2.20%, up 268 bps year over year; NIM at 2.08%.
  • Asset quality: problem loans at 0.46% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 2.46%, down 85 bps from a year ago.
  • Funding: loans stand at 52.28% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

-2.20%+268 bps YoY

Net Interest Margin (YTD, annualized)

2.08%-50 bps YoY

Efficiency Ratio (YTD, annualized)

233%-4,339 bps YoY

Tier 1 Leverage Ratio

2.46%-85 bps YoY

NIM

4.84%Q2 ’244.68%Q2 ’254.36%Q2 ’26-15%-19%

Non-interest income vs. expense

7.30%Q2 ’247.81%Q2 ’255.28%Q2 ’26+8%-33%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-3.46%-5.69%-6.19%-4.88%-4.88%-4.58%-0.63%-2.20%+268 bps
Return on Equity-43.99%-79.41%-164.32%-141.84%-153.67%-155.11%-30.55%-101.58%+4,027 bps
Net Interest Margin3.02%2.88%2.29%2.58%2.53%2.53%1.99%2.08%-50 bps
Efficiency Ratio218%293%351%276%292%290%214%233%-4,339 bps
Non-Interest Burden6.84%8.79%8.38%7.66%7.73%7.69%4.43%5.10%-256 bps
Growth
Asset Growth (YoY)-20.43%-15.08%-10.50%-6.75%-11.52%-20.24%-22.70%-24.56%-1,781 bps
Loan Growth (YoY)-8.07%-9.28%-4.49%-11.59%-11.28%-10.99%-16.21%-20.73%-914 bps
Deposit Growth (YoY)-20.09%-12.64%-7.36%-1.37%-6.61%-16.59%-20.14%-24.18%-2,281 bps
Asset Quality
Nonperforming Loans / Loans0.26%0.26%0.51%0.46%0.48%0.44%0.45%0.46%0 bps
Net Charge-Offs / Loans0.00%0.02%0.00%0.00%0.00%0.02%-0.03%-0.02%-2 bps
Allowance / Loans1.84%1.90%1.98%2.02%2.06%2.12%1.52%1.64%-38 bps
Allowance Coverage of NPLs7.1x7.2x3.8x4.4x4.3x4.8x3.4x3.5x-0.8x
Capital
Tier 1 Leverage Ratio8.04%4.65%3.96%3.31%2.76%2.13%2.54%2.46%-85 bps
Total Risk-Based Capital15.71%10.42%8.96%7.50%6.61%5.17%6.11%6.07%-144 bps
Equity / Assets7.22%4.12%3.41%2.74%2.34%1.87%2.25%2.40%-35 bps
Liquidity & Funding
Loans / Deposits52.60%51.63%50.17%50.00%49.96%55.10%52.64%52.28%+228 bps
Liquid Assets / Assets24.86%27.78%30.96%33.97%33.57%26.05%27.53%26.23%-774 bps
CRE / Total Capitaln/an/an/an/a409%580%450%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

Summit National Bank

Hulett, WY · Cert 25054 · Peer group: banks under $1B in assets operating regionally (n=94) · Mode Eleven Bcorp

National charter · OCC · 3 branches

Q2 2026

$65.9MAssets
$33.4MLoans
$64.0MDeposits
$1.6MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 68% of banks under $1B in assets operating regionally (rank 31 of 94).
  • Widest gap: equity / assets trails 100% of banks under $1B in assets operating regionally (rank 94 of 94).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

-2.34%

Rank 94 of 94

Net Interest Margin

2.08%

Rank 94 of 94

Efficiency Ratio

233%

Rank 94 of 94

Equity / Assets

2.40%

Rank 94 of 94

Non-interest income vs. expense

$0.1M$3.8MINCOMEEXPENSE
Unfavorable gap of $3.6M · efficiency ratio beats 1% of banks under $1B in assets operating regionally
Bank 233%Peer median 62.4%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets-2.34%0.82%1.19%1.46%Beats 0%94 / 94
Return on Equity-97.79%7.85%11.84%14.03%Beats 0%94 / 94
Net Interest Margin2.08%3.42%3.81%4.18%Beats 0%94 / 94
Efficiency Ratio233%55.99%62.41%73.02%Beats 1%94 / 94
Asset Quality
Nonperforming Loans / Loans0.46%0.19%0.47%1.14%Beats 51%47 / 94
Net Charge-Offs / Loans0.01%0.00%0.02%0.05%Beats 68%31 / 94
Capital
Tier 1 Capital Ratio4.82%10.28%11.95%15.07%Beats 0%94 / 94
Total Risk-Based Capital Ratio6.07%10.31%12.59%15.88%Beats 0%94 / 94
Equity / Assets2.40%8.98%10.21%11.41%Beats 0%94 / 94
Liquidity & Funding
Loans / Deposits52.27%72.62%84.44%94.55%4th pctl90 / 94
Loans / Assets50.70%62.50%72.84%78.99%9th pctl86 / 94
Brokered Deposits / Depositsn/aNot reported for this institution