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Letter portraitLegal landscapeQuarterYTD

Great Midwest Bank, State Savings Bank

Brookfield, WI · Cert 29657

SI · FDIC · 8 branches

Q2 2026

$1.1BAssets
$938.9MLoans
$620.8MDeposits
$171.2MEquity
Loan mix
100%RE $908.5M0%C&I $0.0M0%Consumer $2.4MQ2 2025Q2 2026
Deposit mix
92%Interest-bearing $569.0M8%Noninterest $51.8MQ2 2025Q2 2026

NIM

4.76%Q2 ’245.23%Q2 ’255.54%Q2 ’26+22%+22%

Non-interest income vs. expense

1.71%Q2 ’241.79%Q2 ’251.84%Q2 ’26+7%-15%

Market Position · Milwaukee-Waukesha, WI · 2026 SOD (annual) · 0.7% share · #19 of 43 inst. · $0.6B of $79.9B

2.0% Waukesha
0.3% Milwaukee
4.6% Calumet
0.1% Dane

Executive Summary

  • Earnings: ROA of 1.14%, up 54 bps year over year; NIM at 2.85%.
  • Asset quality: problem loans at 0.56% of loans (-10 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 16.50%, up 9 bps from a year ago.
  • Funding: loans stand at 151.24% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.14%+54 bps YoY

Net Interest Margin (YTD, annualized)

2.85%+51 bps YoY

Efficiency Ratio (YTD, annualized)

54.31%-1,442 bps YoY

Tier 1 Leverage Ratio

16.50%+9 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.61%0.67%0.69%0.99%1.14%+54 bps
Return on Equity3.77%4.13%4.27%6.23%7.13%+336 bps
Net Interest Margin2.34%2.38%2.42%2.84%2.85%+51 bps
Efficiency Ratio68.73%66.54%66.35%57.26%54.31%-1,442 bps
Non-Interest Burden1.52%1.48%1.50%1.49%1.30%-23 bps
Growth
Asset Growth (YoY)0.40%-0.41%5.49%5.59%6.79%+639 bps
Loan Growth (YoY)0.35%2.20%5.71%2.29%6.58%+623 bps
Deposit Growth (YoY)6.20%0.86%2.83%-0.69%-0.99%-720 bps
Asset Quality
Nonperforming Loans / Loans0.66%0.69%0.47%0.52%0.56%-10 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.46%0.45%0.43%0.44%0.43%-3 bps
Allowance Coverage of NPLs0.7x0.7x0.9x0.9x0.8x+0.1x
Capital
Tier 1 Leverage Ratio16.40%16.59%16.44%16.39%16.50%+9 bps
Total Risk-Based Capital16.40%16.59%16.44%16.39%16.50%+9 bps
Equity / Assets16.22%16.36%16.01%15.87%16.13%-9 bps
Liquidity & Funding
Loans / Deposits140.49%143.69%151.54%147.60%151.24%+1,075 bps
Liquid Assets / Assets0.66%0.34%0.27%2.00%1.06%+41 bps
CRE / Total Capitaln/a129.37%142.16%136.53%n/an/a