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Peoples Bank

Munster, IN · Cert 29523 · Finward Bcorp

State charter, non-member · FDIC · 24 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets in the Chicago-Naperville-Elgin, IL-IN area3

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 in the Chicago-Naperville-Elgin, IL-IN area (n=31). 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

41

Q2 2024Q2 2026peer median (50)

Asset Quality

45

Q2 2024Q2 2026peer median (50)

Profitability

13

Q2 2024Q2 2026peer median (50)

Liquidity

93

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

Peoples Bank

Munster, IN · Cert 29523 · Finward Bcorp

State charter, non-member · FDIC · 24 branches

Q2 2026

$2.0BAssets
$1.5BLoans
$1.7BDeposits
$176.9MEquity
Loan mix
92%RE $1.3B6%C&I $0.1B2%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
85%Interest-bearing $1.5B15%Noninterest $0.3BQ2 2025Q2 2026

NIM

4.11%Q2 ’244.25%Q2 ’254.43%Q2 ’26+16%+14%

Non-interest income vs. expense

2.74%Q2 ’242.76%Q2 ’252.86%Q2 ’26+93%+4%

Market Position · Chicago-Naperville-Elgin, IL-IN · 2026 SOD (annual) · 0.3% share · #42 of 147 inst. · $1.7B of $630.7B

6.6% Lake
0.1% Cook
2.0% Porter
0.1% DuPage

Executive Summary

  • Earnings: ROA of 0.43%, up 17 bps year over year; NIM at 2.97%.
  • Asset quality: problem loans at 1.10% of loans (+18 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.31%, up 63 bps from a year ago.
  • Funding: loans stand at 86.82% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.43%+17 bps YoY

Net Interest Margin (YTD, annualized)

2.97%+36 bps YoY

Efficiency Ratio (YTD, annualized)

83.84%-560 bps YoY

Tier 1 Leverage Ratio

9.31%+63 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.26%0.40%0.40%0.45%0.43%+17 bps
Return on Equity3.51%5.31%5.13%5.27%5.02%+151 bps
Net Interest Margin2.61%2.64%2.72%2.96%2.97%+36 bps
Efficiency Ratio89.44%86.27%84.90%83.75%83.84%-560 bps
Non-Interest Burden2.29%2.22%2.23%2.39%2.40%+10 bps
Growth
Asset Growth (YoY)-0.98%-1.10%-2.04%-1.33%-0.87%+11 bps
Loan Growth (YoY)-1.49%-2.28%-3.89%-2.64%1.33%+282 bps
Deposit Growth (YoY)-0.27%-0.02%-2.10%-1.95%-1.30%-103 bps
Asset Quality
Nonperforming Loans / Loans0.92%0.94%0.82%0.85%1.10%+18 bps
Net Charge-Offs / Loans-0.05%-0.01%0.01%0.00%0.00%+5 bps
Allowance / Loans1.22%1.22%1.21%1.19%1.18%-5 bps
Allowance Coverage of NPLs1.3x1.3x1.5x1.4x1.1x-0.3x
Capital
Tier 1 Leverage Ratio8.69%8.77%8.93%9.24%9.31%+63 bps
Total Risk-Based Capital12.55%12.72%13.09%13.27%13.03%+48 bps
Equity / Assets7.44%8.01%8.59%8.50%8.67%+123 bps
Liquidity & Funding
Loans / Deposits84.57%84.25%84.02%84.62%86.82%+225 bps
Liquid Assets / Assets3.89%4.10%5.02%5.11%3.74%-15 bps
CRE / Total Capitaln/a453%439%440%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

Peoples Bank

Munster, IN · Cert 29523 · Peer group: banks $1B-$10B in assets in the Chicago-Naperville-Elgin, IL-IN area (n=31) · Finward Bcorp

State charter, non-member · FDIC · 24 branches

Q2 2026

$2.0BAssets
$1.5BLoans
$1.7BDeposits
$176.9MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 77% of banks $1B-$10B in assets in the Chicago-Naperville-Elgin, IL-IN area (rank 8 of 31).
  • Widest gap: efficiency ratio trails 94% of banks $1B-$10B in assets in the Chicago-Naperville-Elgin, IL-IN area (rank 30 of 31).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.43%

Rank 28 of 31

Net Interest Margin

2.97%

Rank 25 of 31

Efficiency Ratio

84.38%

Rank 30 of 31

Equity / Assets

8.67%

Rank 27 of 31

Non-interest income vs. expense

$9.7M$59.2MINCOMEEXPENSE
Unfavorable gap of $49.5M · efficiency ratio beats 6% of banks $1B-$10B in assets in the Chicago-Naperville-Elgin, IL-IN area
Bank 84.38%Peer median 50.7%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.43%1.15%1.39%1.64%Beats 10%28 / 31
Return on Equity4.93%11.05%13.35%16.66%Beats 10%28 / 31
Net Interest Margin2.97%3.00%3.28%3.75%Beats 19%25 / 31
Efficiency Ratio84.38%37.25%50.71%61.60%Beats 6%30 / 31
Asset Quality
Nonperforming Loans / Loans1.10%0.18%0.41%1.00%Beats 13%28 / 31
Net Charge-Offs / Loans0.00%0.00%0.04%0.11%Beats 77%8 / 31
Capital
Tier 1 Capital Ratio11.81%10.88%11.50%13.72%Beats 52%15 / 31
Total Risk-Based Capital Ratio13.03%11.53%12.02%14.77%Beats 58%13 / 31
Equity / Assets8.67%8.90%10.15%11.24%Beats 13%27 / 31
Liquidity & Funding
Loans / Deposits86.82%80.56%87.67%94.53%45th pctl17 / 31
Loans / Assets73.76%67.81%73.77%76.85%45th pctl17 / 31
Brokered Deposits / Depositsn/aNot reported for this institution