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Mercer Savings Bank

Celina, OH · Cert 30084 · Mercer Bcorp Inc.

State charter, non-member · FDIC · 7 branches

Q2 2026

$176.2MAssets
$151.9MLoans
$146.4MDeposits
$22.9MEquity
Loan mix
92%RE $138.0M1%C&I $1.1M7%Consumer $10.5MQ3 2024Q2 2026
Deposit mix
87%Interest-bearing $127.9M13%Noninterest $18.6MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 0.79%, down 11 bps year over year; NIM at 4.16%.
  • Asset quality: problem loans at 0.08% of loans (-44 bps YoY), with net recoveries of 0.11%.
  • Capital: tier 1 leverage ratio of 13.16%, up 112 bps from a year ago.
  • Funding: loans stand at 103.70% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

0.79%-11 bps YoY

Net Interest Margin (quarter, annualized)

4.16%+19 bps YoY

Efficiency Ratio (quarter, annualized)

78.69%+762 bps YoY

Tier 1 Leverage Ratio

13.16%+112 bps YoY

NIM

5.12%Q2 ’245.41%Q2 ’255.45%Q2 ’26+13%+5%

Non-interest income vs. expense

3.14%Q2 ’242.93%Q2 ’253.46%Q2 ’26-2%+16%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.70%0.56%0.26%0.90%0.91%0.49%0.80%0.79%-11 bps
Return on Equity6.10%4.92%2.24%7.55%7.42%3.88%6.19%6.06%-149 bps
Net Interest Margin3.39%3.61%3.65%3.97%4.10%4.01%4.19%4.16%+19 bps
Efficiency Ratio79.26%81.72%91.40%71.07%74.30%85.86%78.16%78.69%+762 bps
Non-Interest Burden2.54%2.91%3.31%2.77%2.99%3.41%3.23%3.22%+45 bps
Growth
Asset Growth (YoY)14.00%8.48%6.41%-0.47%-2.95%-3.56%-3.50%0.13%+60 bps
Loan Growth (YoY)16.42%11.91%8.68%1.61%-3.11%-4.01%-3.61%-0.93%-255 bps
Deposit Growth (YoY)8.75%1.70%4.63%5.29%6.35%9.23%5.08%2.81%-247 bps
Asset Quality
Nonperforming Loans / Loans0.31%0.55%0.62%0.53%1.05%0.54%0.18%0.08%-44 bps
Net Charge-Offs / Loans0.11%0.01%0.15%0.03%0.01%0.12%0.17%-0.11%-13 bps
Allowance / Loans0.62%0.61%0.60%0.63%0.63%0.61%0.58%0.60%-3 bps
Allowance Coverage of NPLs2.0x1.1x1.0x1.2x0.6x1.1x3.2x7.1x+5.9x
Capital
Tier 1 Leverage Ratio11.62%11.67%11.71%12.04%12.55%12.66%12.96%13.16%+112 bps
Total Risk-Based Capital16.33%16.52%16.40%16.99%17.82%18.62%19.48%19.90%+291 bps
Equity / Assets11.44%11.54%11.62%12.12%12.42%12.75%12.99%13.02%+91 bps
Liquidity & Funding
Loans / Deposits113.80%114.70%109.42%107.63%103.68%100.79%100.37%103.70%-392 bps
Liquid Assets / Assets0.39%0.32%0.63%0.53%0.50%0.97%1.37%0.28%-24 bps
CRE / Total Capitaln/an/an/an/a35.32%35.49%36.42%n/an/a