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Olympia Federal Savings and Loan Association

Olympia, WA · Cert 28599

SI · FDIC · 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=266 to 267). 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

45

Q2 2024Q2 2026peer median (50)

Asset Quality

80

Q2 2024Q2 2026peer median (50)

Profitability

5

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

6

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 2026-10-10

Olympia Federal Savings and Loan Association

Olympia, WA · Cert 28599

SI · FDIC · 9 branches

Q2 2026

$1.0BAssets
$863.4MLoans
$709.7MDeposits
$118.5MEquity
Loan mix
97%RE $829.3M2%C&I $20.9M1%Consumer $5.0MQ2 2025Q2 2026
Deposit mix
90%Interest-bearing $635.7M10%Noninterest $73.9MQ2 2025Q2 2026

NIM

4.19%Q2 ’244.39%Q2 ’254.55%Q2 ’26+10%+17%

Non-interest income vs. expense

2.09%Q2 ’242.16%Q2 ’252.42%Q2 ’26+1%+15%

Market Position · Olympia-Lacey-Tumwater, WA · 2026 SOD (annual) · 12.2% share · #2 of 15 inst. · $0.7B of $5.3B

12.2% Thurston
13.8% Mason
0.7% Lewis

Executive Summary

  • Earnings: ROA of 0.36%, up 7 bps year over year; NIM at 2.66%.
  • Asset quality: problem loans at 0.26% of loans (-6 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.15%, up 13 bps from a year ago.
  • Funding: loans stand at 121.66% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.36%+7 bps YoY

Net Interest Margin (YTD, annualized)

2.66%+39 bps YoY

Efficiency Ratio (YTD, annualized)

84.04%-162 bps YoY

Tier 1 Leverage Ratio

12.15%+13 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.30%0.27%0.25%0.34%0.36%+7 bps
Return on Equity2.57%2.32%2.19%2.91%3.13%+55 bps
Net Interest Margin2.27%2.31%2.33%2.59%2.66%+39 bps
Efficiency Ratio85.66%86.94%87.86%84.42%84.04%-162 bps
Non-Interest Burden1.91%1.97%2.02%2.16%2.20%+29 bps
Growth
Asset Growth (YoY)2.13%4.34%3.36%2.63%1.46%-67 bps
Loan Growth (YoY)3.44%3.81%2.91%0.49%1.12%-232 bps
Deposit Growth (YoY)9.48%5.21%6.25%3.74%-1.24%-1,072 bps
Asset Quality
Nonperforming Loans / Loans0.32%0.26%0.31%0.37%0.26%-6 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.61%0.61%0.61%0.63%0.62%+1 bps
Allowance Coverage of NPLs1.9x2.4x2.0x1.7x2.4x+0.4x
Capital
Tier 1 Leverage Ratio12.03%12.03%11.97%12.03%12.15%+13 bps
Total Risk-Based Capital12.03%12.03%11.97%12.03%12.15%+13 bps
Equity / Assets11.46%11.35%11.38%11.66%11.63%+16 bps
Liquidity & Funding
Loans / Deposits118.82%120.30%118.34%117.12%121.66%+284 bps
Liquid Assets / Assets4.01%4.81%3.23%3.47%3.32%-69 bps
CRE / Total Capitaln/a153.02%157.38%146.50%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 2026-10-10

Olympia Federal Savings and Loan Association

Olympia, WA · Cert 28599 · Peer group: banks $1B-$10B in assets operating in a single state (n=266-267)

SI · FDIC · 9 branches

Q2 2026

$1.0BAssets
$863.4MLoans
$709.7MDeposits
$118.5MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 93% of banks $1B-$10B in assets operating in a single state (rank 21 of 267).
  • Widest gap: return on equity trails 97% of banks $1B-$10B in assets operating in a single state (rank 258 of 267).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.36%

Rank 256 of 267

Net Interest Margin

2.66%

Rank 242 of 267

Efficiency Ratio

84.04%

Rank 252 of 266

Equity / Assets

11.63%

Rank 77 of 267

Non-interest income vs. expense

$2.2M$24.1MINCOMEEXPENSE
Unfavorable gap of $21.9M · efficiency ratio beats 6% of banks $1B-$10B in assets operating in a single state
Bank 84.04%Peer median 60.2%Q2 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.36%0.93%1.23%1.55%Beats 4%256 / 267
Return on Equity3.10%9.16%11.84%14.56%Beats 3%258 / 267
Net Interest Margin2.66%3.12%3.50%3.88%Beats 9%242 / 267
Efficiency Ratio84.04%51.36%60.21%69.66%Beats 6%252 / 266
Asset Quality
Nonperforming Loans / Loans0.26%0.19%0.46%0.89%Beats 66%91 / 267
Net Charge-Offs / Loans0.00%0.01%0.02%0.06%Beats 93%21 / 267
Capital
Tier 1 Capital Ratio12.15%11.29%13.05%15.13%Beats 37%168 / 267
Total Risk-Based Capital Ratio12.15%11.95%13.87%16.27%Beats 28%193 / 267
Equity / Assets11.63%9.18%10.29%11.76%Beats 71%77 / 267
Liquidity & Funding
Loans / Deposits121.66%72.68%86.16%95.22%97th pctl7 / 267
Loans / Assets84.70%62.46%71.96%78.38%93rd pctl20 / 267
Brokered Deposits / Depositsn/aNot reported for this institution