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Glacier Bank

Kalispell, MT · Cert 30788 · Glacier Bcorp Inc.

State charter, non-member · FDIC · 252 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets3

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 over $10B in assets (n=142 to 144). 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

63

Q2 2024Q2 2026peer median (50)

Asset Quality

77

Q2 2024Q2 2026peer median (50)

Profitability

47

Q2 2024Q2 2026peer median (50)

Liquidity

92

Q2 2024Q2 2026peer median

Efficiency

31

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

Glacier Bank

Kalispell, MT · Cert 30788 · Glacier Bcorp Inc.

State charter, non-member · FDIC · 252 branches

Q2 2026

$31.6BAssets
$21.4BLoans
$24.9BDeposits
$4.3BEquity
Loan mix
90%RE $17.6B8%C&I $1.6B1%Consumer $0.2BQ2 2025Q2 2026
Deposit mix
70%Interest-bearing $17.4B30%Noninterest $7.4BQ2 2025Q2 2026

NIM

3.99%Q2 ’244.18%Q2 ’254.63%Q2 ’26+16%+25%

Non-interest income vs. expense

2.07%Q2 ’242.09%Q2 ’252.41%Q2 ’26+0%+18%

Market Position · Bozeman, MT · 2026 SOD (annual) · 35.0% share · #1 of 16 inst. · $1.8B of $5.2B

48.0% Flathead
35.0% Gallatin
4.7% Utah
12.1% Yellowstone

Executive Summary

  • Earnings: ROA of 1.20%, up 37 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.42% of loans (+17 bps YoY), with net charge-offs at 0.08%.
  • Capital: tier 1 leverage ratio of 10.10%, up 64 bps from a year ago.
  • Funding: loans stand at 86.11% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.20%+37 bps YoY

Net Interest Margin (YTD, annualized)

3.67%+74 bps YoY

Efficiency Ratio (YTD, annualized)

58.96%-365 bps YoY

Tier 1 Leverage Ratio

10.10%+64 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.83%0.89%0.90%1.10%1.20%+37 bps
Return on Equity7.00%7.40%7.34%8.29%8.91%+192 bps
Net Interest Margin2.93%3.01%2.90%3.59%3.67%+74 bps
Efficiency Ratio62.61%61.98%61.10%61.77%58.96%-365 bps
Non-Interest Burden1.64%1.67%1.58%2.00%1.93%+29 bps
Growth
Asset Growth (YoY)4.32%2.87%14.59%13.92%8.94%+461 bps
Loan Growth (YoY)10.00%9.32%21.23%22.11%15.22%+522 bps
Deposit Growth (YoY)7.61%5.64%19.60%19.86%14.01%+639 bps
Asset Quality
Nonperforming Loans / Loans0.25%0.28%0.33%0.37%0.42%+17 bps
Net Charge-Offs / Loans0.04%0.04%0.06%0.06%0.08%+5 bps
Allowance / Loans1.22%1.22%1.22%1.21%1.21%-1 bps
Allowance Coverage of NPLs4.9x4.3x3.7x3.3x2.9x-2.0x
Capital
Tier 1 Leverage Ratio9.47%9.38%9.33%9.80%10.10%+64 bps
Total Risk-Based Capital13.83%13.80%13.91%14.13%14.21%+38 bps
Equity / Assets12.22%12.44%13.14%13.44%13.70%+148 bps
Liquidity & Funding
Loans / Deposits85.20%85.37%84.61%84.49%86.11%+91 bps
Liquid Assets / Assets12.92%12.75%12.59%12.90%11.74%-118 bps
CRE / Total Capitaln/a417%424%421%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

Glacier Bank

Kalispell, MT · Cert 30788 · Peer group: banks over $10B in assets (n=142-144) · Glacier Bcorp Inc.

State charter, non-member · FDIC · 252 branches

Q2 2026

$31.6BAssets
$21.4BLoans
$24.9BDeposits
$4.3BEquity

Executive Summary

  • Strongest standing: equity / assets outperforms 84% of banks over $10B in assets (rank 23 of 144).
  • Widest gap: return on equity trails 77% of banks over $10B in assets (rank 111 of 144).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.20%

Rank 81 of 144

Net Interest Margin

3.67%

Rank 37 of 144

Efficiency Ratio

60.48%

Rank 100 of 144

Equity / Assets

13.70%

Rank 23 of 144

Non-interest income vs. expense

$151.8M$763.6MINCOMEEXPENSE
Unfavorable gap of $611.8M · efficiency ratio beats 31% of banks over $10B in assets
Bank 60.48%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.20%1.00%1.26%1.54%Beats 44%81 / 144
Return on Equity8.78%8.98%11.34%14.40%Beats 23%111 / 144
Net Interest Margin3.67%2.82%3.31%3.68%Beats 74%37 / 144
Efficiency Ratio60.48%49.42%56.02%62.41%Beats 31%100 / 144
Asset Quality
Nonperforming Loans / Loans0.42%0.48%0.73%1.07%Beats 81%28 / 142
Net Charge-Offs / Loans0.05%0.05%0.11%0.22%Beats 72%41 / 142
Capital
Tier 1 Capital Ratio12.99%12.07%12.98%14.92%Beats 51%71 / 144
Total Risk-Based Capital Ratio14.21%13.39%14.14%16.25%Beats 53%68 / 144
Equity / Assets13.70%9.69%11.39%12.96%Beats 84%23 / 144
Liquidity & Funding
Loans / Deposits86.11%75.72%84.92%91.56%52nd pctl69 / 143
Loans / Assets67.80%59.83%69.07%74.80%40th pctl86 / 144
Brokered Deposits / Depositsn/aNot reported for this institution