PackageTrendsPeer
Letter portraitLegal landscape

Sovereign Bank

Shawnee, OK · Cert 25738 · Sovereign Bcorp Inc.

State charter, Fed member · FED · 9 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 in a single state3

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 in a single state (n=257 to 258). 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

26

Q2 2024Q2 2026peer median (50)

Asset Quality

89

Q2 2024Q2 2026peer median (50)

Profitability

34

Q2 2024Q2 2026peer median (50)

Liquidity

16

Q2 2024Q2 2026peer median

Efficiency

13

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

Sovereign Bank

Shawnee, OK · Cert 25738 · Sovereign Bcorp Inc.

State charter, Fed member · FED · 9 branches

Q2 2026

$1.5BAssets
$1.2BLoans
$1.2BDeposits
$156.8MEquity
Loan mix
80%RE $819.5M19%C&I $196.9M0%Consumer $5.1MQ2 2025Q2 2026
Deposit mix
89%Interest-bearing $1.1B11%Noninterest $0.1BQ2 2025Q2 2026

NIM

6.51%Q2 ’246.38%Q2 ’256.27%Q2 ’26-6%-2%

Non-interest income vs. expense

3.55%Q2 ’243.15%Q2 ’253.14%Q2 ’26-12%+1%

Market Position · Oklahoma City, OK · 2026 SOD (annual) · 0.7% share · #27 of 71 inst. · $0.4B of $60.8B

32.7% Pottawatomie
0.9% Oklahoma
3.3% Comanche
20.7% Hughes

Executive Summary

  • Earnings: ROA of 0.63%, down 17 bps year over year; NIM at 4.04%.
  • Asset quality: problem loans at 0.06% of loans (+6 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.29%, down 43 bps from a year ago.
  • Funding: loans stand at 101.05% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.63%-17 bps YoY

Net Interest Margin (YTD, annualized)

4.04%-7 bps YoY

Efficiency Ratio (YTD, annualized)

75.36%+157 bps YoY

Tier 1 Leverage Ratio

10.29%-43 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.80%0.80%0.77%0.65%0.63%-17 bps
Return on Equity7.46%7.33%6.98%5.80%5.75%-171 bps
Net Interest Margin4.12%4.10%4.00%4.03%4.04%-7 bps
Efficiency Ratio73.79%73.67%75.50%77.50%75.36%+157 bps
Non-Interest Burden2.94%2.93%2.94%3.03%2.96%+3 bps
Growth
Asset Growth (YoY)17.93%19.32%13.06%15.43%13.78%-415 bps
Loan Growth (YoY)16.08%17.38%14.66%14.39%20.41%+433 bps
Deposit Growth (YoY)20.29%20.49%8.81%10.03%12.27%-801 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.03%0.05%0.06%+6 bps
Net Charge-Offs / Loans0.01%0.01%0.01%0.00%0.00%-1 bps
Allowance / Loans1.38%1.38%1.36%1.35%1.35%-3 bps
Allowance Coverage of NPLsn/a280.2x50.4x26.1x23.8xn/a
Capital
Tier 1 Leverage Ratio10.72%10.79%10.81%10.58%10.29%-43 bps
Total Risk-Based Capital10.72%10.79%10.81%10.58%10.29%-43 bps
Equity / Assets11.05%11.38%11.33%11.14%10.64%-41 bps
Liquidity & Funding
Loans / Deposits94.22%96.76%95.22%96.99%101.05%+683 bps
Liquid Assets / Assets0.33%0.56%0.56%0.52%0.41%+8 bps
CRE / Total Capitaln/a433%434%446%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

Sovereign Bank

Shawnee, OK · Cert 25738 · Peer group: banks $1B-$10B in assets operating in a single state (n=257-258) · Sovereign Bcorp Inc.

State charter, Fed member · FED · 9 branches

Q2 2026

$1.5BAssets
$1.2BLoans
$1.2BDeposits
$156.8MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 92% of banks $1B-$10B in assets operating in a single state (rank 22 of 258).
  • Widest gap: return on equity trails 91% of banks $1B-$10B in assets operating in a single state (rank 235 of 258).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

0.61%

Rank 233 of 258

Net Interest Margin

4.04%

Rank 44 of 258

Efficiency Ratio

75.36%

Rank 225 of 257

Equity / Assets

10.64%

Rank 113 of 258

Non-interest income vs. expense

$2.5M$43.9MINCOMEEXPENSE
Unfavorable gap of $41.4M · efficiency ratio beats 13% of banks $1B-$10B in assets operating in a single state
Bank 75.36%Peer median 60.3%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.61%0.93%1.23%1.54%Beats 10%233 / 258
Return on Equity5.71%9.26%11.84%14.74%Beats 9%235 / 258
Net Interest Margin4.04%3.16%3.49%3.88%Beats 83%44 / 258
Efficiency Ratio75.36%51.71%60.30%69.65%Beats 13%225 / 257
Asset Quality
Nonperforming Loans / Loans0.06%0.19%0.46%0.90%Beats 92%22 / 258
Net Charge-Offs / Loans0.00%0.01%0.02%0.07%Beats 85%40 / 258
Capital
Tier 1 Capital Ratio10.29%11.41%12.98%15.12%Beats 12%228 / 258
Total Risk-Based Capital Ratio10.29%12.10%13.91%16.08%Beats 10%231 / 258
Equity / Assets10.64%9.09%10.24%11.72%Beats 56%113 / 258
Liquidity & Funding
Loans / Deposits101.05%73.24%86.34%95.95%85th pctl38 / 258
Loans / Assets81.86%63.01%72.27%78.40%86th pctl35 / 258
Brokered Deposits / Depositsn/aNot reported for this institution