PackageTrendsPeer
Letter portraitLegal landscape

City Bank

Lubbock, TX · Cert 25103 · South Plains Financial Inc.

State charter, non-member · FDIC · 27 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

64

Q2 2024Q2 2026peer median (50)

Asset Quality

65

Q2 2024Q2 2026peer median (50)

Profitability

54

Q2 2024Q2 2026peer median (50)

Liquidity

44

Q2 2024Q2 2026peer median

Efficiency

45

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

City Bank

Lubbock, TX · Cert 25103 · South Plains Financial Inc.

State charter, non-member · FDIC · 27 branches

Q2 2026

$5.4BAssets
$3.8BLoans
$4.7BDeposits
$598.9MEquity
Loan mix
75%RE $2.2B14%C&I $0.4B11%Consumer $0.3BQ2 2025Q2 2026
Deposit mix
74%Interest-bearing $3.5B26%Noninterest $1.2BQ2 2025Q2 2026

NIM

5.54%Q2 ’245.56%Q2 ’255.12%Q2 ’26+8%-5%

Non-interest income vs. expense

2.97%Q2 ’242.93%Q2 ’252.72%Q2 ’26+4%-7%

Market Position · Lubbock, TX · 2026 SOD (annual) · 19.3% share · #1 of 31 inst. · $2.8B of $14.3B

19.0% Lubbock
0.2% Harris
11.5% Kaufman
2.2% El Paso

Executive Summary

  • Earnings: ROA of 1.52%, up 13 bps year over year; NIM at 3.58%.
  • Asset quality: problem loans at 0.25% of loans (-8 bps YoY), with net charge-offs at 0.05%.
  • Capital: tier 1 leverage ratio of 10.79%, down 9 bps from a year ago.
  • Funding: loans stand at 80.12% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.52%+13 bps YoY

Net Interest Margin (YTD, annualized)

3.58%-20 bps YoY

Efficiency Ratio (YTD, annualized)

60.26%-71 bps YoY

Tier 1 Leverage Ratio

10.79%-9 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.39%1.47%1.47%1.46%1.52%+13 bps
Return on Equity13.72%14.40%14.42%14.29%14.40%+68 bps
Net Interest Margin3.79%3.84%3.82%3.84%3.58%-20 bps
Efficiency Ratio60.97%60.05%59.61%61.02%60.26%-71 bps
Non-Interest Burden1.91%1.91%1.88%1.96%1.77%-14 bps
Growth
Asset Growth (YoY)3.38%3.26%5.86%5.47%23.53%+2,016 bps
Loan Growth (YoY)0.17%0.58%2.57%1.00%21.40%+2,123 bps
Deposit Growth (YoY)3.56%3.49%6.13%5.58%22.57%+1,901 bps
Asset Quality
Nonperforming Loans / Loans0.34%0.32%0.32%0.16%0.25%-8 bps
Net Charge-Offs / Loans0.06%0.10%0.10%0.04%0.05%-2 bps
Allowance / Loans1.44%1.44%1.43%1.44%1.40%-4 bps
Allowance Coverage of NPLs4.3x4.5x4.5x8.8x5.6x+1.3x
Capital
Tier 1 Leverage Ratio10.88%10.94%10.90%10.90%10.79%-9 bps
Total Risk-Based Capital14.82%15.11%14.91%15.04%14.50%-31 bps
Equity / Assets10.17%10.24%10.38%10.09%11.11%+94 bps
Liquidity & Funding
Loans / Deposits80.89%77.59%79.78%75.81%80.12%-77 bps
Liquid Assets / Assets9.40%12.93%11.03%14.56%13.48%+408 bps
CRE / Total Capitaln/a315%320%315%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

City Bank

Lubbock, TX · Cert 25103 · Peer group: banks $1B-$10B in assets operating regionally (n=176) · South Plains Financial Inc.

State charter, non-member · FDIC · 27 branches

Q2 2026

$5.4BAssets
$3.8BLoans
$4.7BDeposits
$598.9MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 81% of banks $1B-$10B in assets operating regionally (rank 34 of 176).
  • Widest gap: efficiency ratio trails 55% of banks $1B-$10B in assets operating regionally (rank 97 of 176).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.37%

Rank 68 of 176

Net Interest Margin

3.58%

Rank 89 of 176

Efficiency Ratio

60.67%

Rank 97 of 176

Equity / Assets

11.11%

Rank 66 of 176

Non-interest income vs. expense

$50.9M$146.1MINCOMEEXPENSE
Unfavorable gap of $95.2M · efficiency ratio beats 45% of banks $1B-$10B in assets operating regionally
Bank 60.67%Peer median 59.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.37%0.93%1.26%1.54%Beats 61%68 / 176
Return on Equity12.28%9.26%11.89%14.46%Beats 53%82 / 176
Net Interest Margin3.58%3.25%3.59%3.93%Beats 49%89 / 176
Efficiency Ratio60.67%52.79%59.55%67.66%Beats 45%97 / 176
Asset Quality
Nonperforming Loans / Loans0.25%0.30%0.64%1.32%Beats 81%34 / 176
Net Charge-Offs / Loans0.04%0.01%0.04%0.10%Beats 48%92 / 176
Capital
Tier 1 Capital Ratio13.39%11.15%12.72%14.15%Beats 64%63 / 176
Total Risk-Based Capital Ratio14.50%11.81%13.63%15.33%Beats 65%62 / 176
Equity / Assets11.11%9.16%10.35%11.80%Beats 63%66 / 176
Liquidity & Funding
Loans / Deposits80.12%80.94%89.73%97.21%20th pctl140 / 176
Loans / Assets70.21%69.25%75.12%80.82%28th pctl126 / 176
Brokered Deposits / Depositsn/aNot reported for this institution