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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=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

45

Q2 2024Q2 2026peer median (50)

Asset Quality

79

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 2026-10-11

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 $5.0MQ3 2024Q2 2026
Deposit mix
90%Interest-bearing $635.7M10%Noninterest $73.9MQ3 2024Q2 2026

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.

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

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%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.10%0.12%0.42%0.30%0.27%0.25%0.34%0.36%+7 bps
Return on Equity0.90%1.00%3.62%2.57%2.32%2.19%2.91%3.13%+55 bps
Net Interest Margin1.99%1.99%2.25%2.27%2.31%2.33%2.59%2.66%+39 bps
Efficiency Ratio94.12%93.06%79.17%85.66%86.94%87.86%84.42%84.04%-162 bps
Non-Interest Burden1.86%1.83%1.72%1.91%1.97%2.02%2.16%2.20%+29 bps
Growth
Asset Growth (YoY)4.46%3.30%1.35%2.13%4.34%3.36%2.63%1.46%-67 bps
Loan Growth (YoY)4.90%4.62%4.06%3.44%3.81%2.91%0.49%1.12%-232 bps
Deposit Growth (YoY)-3.59%1.95%5.27%9.48%5.21%6.25%3.74%-1.24%-1,072 bps
Asset Quality
Nonperforming Loans / Loans0.30%0.30%0.31%0.32%0.26%0.31%0.37%0.26%-6 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.60%0.61%0.61%0.61%0.61%0.61%0.63%0.62%+1 bps
Allowance Coverage of NPLs2.0x2.0x2.0x1.9x2.4x2.0x1.7x2.4x+0.4x
Capital
Tier 1 Leverage Ratio12.10%11.92%11.98%12.03%12.03%11.97%12.03%12.15%+13 bps
Total Risk-Based Capital12.10%11.92%11.98%12.03%12.03%11.97%12.03%12.15%+13 bps
Equity / Assets11.55%11.37%11.65%11.46%11.35%11.38%11.66%11.63%+16 bps
Liquidity & Funding
Loans / Deposits121.92%122.18%120.91%118.82%120.30%118.34%117.12%121.66%+284 bps
Liquid Assets / Assets4.40%3.77%1.90%4.01%4.81%3.23%3.47%3.32%-69 bps
CRE / Total Capitaln/an/an/an/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 2026-10-11

Olympia Federal Savings and Loan Association

Olympia, WA · Cert 28599 · Peer group: banks $1B-$10B in assets operating in a single state (n=257-258)

SI · FDIC · 9 branches

Q2 2026

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

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 91% of banks $1B-$10B in assets operating in a single state (rank 24 of 258).
  • Widest gap: return on equity trails 97% of banks $1B-$10B in assets operating in a single state (rank 249 of 258).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.36%

Rank 247 of 258

Net Interest Margin

2.66%

Rank 236 of 258

Efficiency Ratio

84.04%

Rank 243 of 257

Equity / Assets

11.63%

Rank 72 of 258

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 60.3%Q2 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.36%0.93%1.23%1.54%Beats 4%247 / 258
Return on Equity3.10%9.26%11.84%14.74%Beats 3%249 / 258
Net Interest Margin2.66%3.16%3.49%3.88%Beats 9%236 / 258
Efficiency Ratio84.04%51.71%60.30%69.65%Beats 6%243 / 257
Asset Quality
Nonperforming Loans / Loans0.26%0.19%0.46%0.90%Beats 66%89 / 258
Net Charge-Offs / Loans0.00%0.01%0.02%0.07%Beats 91%24 / 258
Capital
Tier 1 Capital Ratio12.15%11.41%12.98%15.12%Beats 36%165 / 258
Total Risk-Based Capital Ratio12.15%12.10%13.91%16.08%Beats 26%191 / 258
Equity / Assets11.63%9.09%10.24%11.72%Beats 72%72 / 258
Liquidity & Funding
Loans / Deposits121.66%73.24%86.34%95.95%97th pctl7 / 258
Loans / Assets84.70%63.01%72.27%78.40%93rd pctl18 / 258
Brokered Deposits / Depositsn/aNot reported for this institution