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Green Belt Bank & Trust

Iowa Falls, IA · Cert 26760 · Green Belt Bcorp

State charter, non-member · FDIC · 9 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 IA3

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 IA (n=134 to 135). 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

16

Q2 2024Q2 2026peer median (50)

Asset Quality

54

Q2 2024Q2 2026peer median (50)

Profitability

62

Q2 2024Q2 2026peer median (50)

Liquidity

38

Q2 2024Q2 2026peer median

Efficiency

67

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

Green Belt Bank & Trust

Iowa Falls, IA · Cert 26760 · Green Belt Bcorp

State charter, non-member · FDIC · 9 branches

Q2 2026

$758.7MAssets
$637.4MLoans
$676.6MDeposits
$70.7MEquity
Loan mix
85%RE $413.8M13%C&I $65.7M2%Consumer $8.4MQ2 2025Q2 2026
Deposit mix
92%Interest-bearing $619.8M8%Noninterest $56.8MQ2 2025Q2 2026

NIM

5.15%Q2 ’245.38%Q2 ’255.46%Q2 ’26+11%+7%

Non-interest income vs. expense

1.94%Q2 ’241.96%Q2 ’252.02%Q2 ’26-6%-1%

Market Position · Waterloo-Cedar Falls, IA · 2026 SOD (annual) · 1.6% share · #16 of 23 inst. · $0.1B of $4.7B

39.9% Hardin
8.1% Grundy
9.8% Wright
9.8% Franklin

Executive Summary

  • Earnings: ROA of 1.41%, up 18 bps year over year; NIM at 3.22%.
  • Asset quality: problem loans at 0.04% of loans (+2 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 9.18%, up 19 bps from a year ago.
  • Funding: loans stand at 94.20% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.41%+18 bps YoY

Net Interest Margin (YTD, annualized)

3.22%+20 bps YoY

Efficiency Ratio (YTD, annualized)

52.48%-236 bps YoY

Tier 1 Leverage Ratio

9.18%+19 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.23%1.29%1.15%1.39%1.41%+18 bps
Return on Equity14.08%14.57%12.95%15.40%15.44%+136 bps
Net Interest Margin3.02%3.03%2.99%3.17%3.22%+20 bps
Efficiency Ratio54.84%53.70%59.09%52.60%52.48%-236 bps
Non-Interest Burden1.39%1.34%1.52%1.32%1.38%-1 bps
Growth
Asset Growth (YoY)4.54%8.96%4.28%6.30%6.57%+202 bps
Loan Growth (YoY)6.90%3.55%4.07%3.54%4.34%-255 bps
Deposit Growth (YoY)7.04%9.34%5.29%6.23%6.64%-39 bps
Asset Quality
Nonperforming Loans / Loans0.02%0.04%0.18%0.20%0.04%+2 bps
Net Charge-Offs / Loans0.01%-0.03%-0.02%0.02%-0.02%-3 bps
Allowance / Loans1.39%1.45%1.37%1.37%1.40%+2 bps
Allowance Coverage of NPLs81.4x35.4x7.6x6.9x38.4x-43.0x
Capital
Tier 1 Leverage Ratio8.99%9.17%8.98%9.07%9.18%+19 bps
Total Risk-Based Capital11.14%11.48%11.02%11.10%11.38%+24 bps
Equity / Assets9.09%9.10%9.15%8.93%9.32%+23 bps
Liquidity & Funding
Loans / Deposits96.27%91.33%95.89%92.21%94.20%-208 bps
Liquid Assets / Assets0.35%0.34%0.40%0.35%0.36%+1 bps
CRE / Total Capitaln/a244%248%241%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

Green Belt Bank & Trust

Iowa Falls, IA · Cert 26760 · Peer group: banks under $1B in assets in IA (n=134-135) · Green Belt Bcorp

State charter, non-member · FDIC · 9 branches

Q2 2026

$758.7MAssets
$637.4MLoans
$676.6MDeposits
$70.7MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 86% of banks under $1B in assets in IA (rank 19 of 135).
  • Widest gap: tier 1 capital ratio trails 93% of banks under $1B in assets in IA (rank 125 of 135).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.41%

Rank 49 of 135

Net Interest Margin

3.22%

Rank 85 of 135

Efficiency Ratio

52.48%

Rank 45 of 135

Equity / Assets

9.32%

Rank 111 of 135

Non-interest income vs. expense

$4.9M$15.4MINCOMEEXPENSE
Unfavorable gap of $10.5M · efficiency ratio beats 67% of banks under $1B in assets in IA
Bank 52.48%Peer median 57.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.41%0.92%1.19%1.47%Beats 64%49 / 135
Return on Equity15.10%7.99%10.26%13.14%Beats 86%19 / 135
Net Interest Margin3.22%2.95%3.41%3.73%Beats 37%85 / 135
Efficiency Ratio52.48%50.61%57.35%63.29%Beats 67%45 / 135
Asset Quality
Nonperforming Loans / Loans0.04%0.03%0.51%1.26%Beats 74%36 / 134
Net Charge-Offs / Loans0.02%n/a0.01%0.03%Beats 34%90 / 134
Capital
Tier 1 Capital Ratio10.13%11.23%13.31%15.45%Beats 7%125 / 135
Total Risk-Based Capital Ratio11.38%11.61%14.06%16.47%Beats 22%105 / 135
Equity / Assets9.32%9.87%11.05%13.07%Beats 18%111 / 135
Liquidity & Funding
Loans / Deposits94.20%68.54%81.55%91.24%80th pctl27 / 134
Loans / Assets84.01%57.61%68.06%76.23%94th pctl8 / 135
Brokered Deposits / Depositsn/aNot reported for this institution