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Hertford Savings Bank, SSB

Hertford, NC · Cert 31345

SI · FDIC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B 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 under $1B in assets operating in a single state (n=743 to 746). 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

28

Q2 2024Q2 2026peer median (50)

Asset Quality

83

Q2 2024Q2 2026peer median (50)

Profitability

5

Q2 2024Q2 2026peer median (50)

Liquidity

95

Q2 2024Q2 2026peer median

Efficiency

3

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

Hertford Savings Bank, SSB

Hertford, NC · Cert 31345

SI · FDIC · 1 branch

Q2 2026

$20.7MAssets
$14.6MLoans
$18.5MDeposits
$2.2MEquity
Loan mix
98%RE $13.7M0%C&I $0.0M2%Consumer $0.2MQ2 2025Q2 2026
Deposit mix
92%Interest-bearing $17.0M8%Noninterest $1.5MQ2 2025Q2 2026

NIM

5.02%Q2 ’245.05%Q2 ’254.91%Q2 ’26-4%-2%

Non-interest income vs. expense

3.15%Q2 ’242.80%Q2 ’252.77%Q2 ’26-10%-1%

Executive Summary

  • Earnings: ROA of -0.12%, down 16 bps year over year; NIM at 2.67%.
  • Asset quality: problem loans at 0.22% of loans (+22 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.64%, down 164 bps from a year ago.
  • Funding: loans stand at 79.22% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-0.12%-16 bps YoY

Net Interest Margin (YTD, annualized)

2.67%-6 bps YoY

Efficiency Ratio (YTD, annualized)

102.14%+95 bps YoY

Tier 1 Leverage Ratio

10.64%-164 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.04%10.01%1-0.08%-0.30%-0.12%-16 bps
Return on Equity0.36%0.12%-0.68%-2.72%-1.09%-145 bps
Net Interest Margin2.73%2.68%2.60%2.63%2.67%-6 bps
Efficiency Ratio101.20%101.30%103.86%103.65%102.14%+95 bps
Non-Interest Burden2.77%2.71%2.71%2.73%2.73%-4 bps
Growth
Asset Growth (YoY)3.93%6.06%12.32%15.58%11.99%+806 bps
Loan Growth (YoY)3.52%2.16%1.14%4.27%10.72%+720 bps
Deposit Growth (YoY)4.81%7.01%14.14%18.04%13.89%+908 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.24%0.24%0.22%+22 bps
Net Charge-Offs / Loans0.14%0.09%0.07%0.00%0.00%-14 bps
Allowance / Loans0.97%1.01%1.00%0.97%0.92%-5 bps
Allowance Coverage of NPLsn/an/a4.1x4.1x4.2xn/a
Capital
Tier 1 Leverage Ratio12.28%11.78%11.22%10.78%10.64%-164 bps
Total Risk-Based Capital12.28%11.78%11.22%10.78%10.64%-164 bps
Equity / Assets12.06%11.64%11.37%10.76%10.63%-144 bps
Liquidity & Funding
Loans / Deposits81.48%79.28%78.59%76.28%79.22%-226 bps
Liquid Assets / Assets24.12%25.23%25.42%27.84%25.41%+129 bps
CRE / Total Capitaln/a77.41%77.56%91.44%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. 1 One-time gains made up most of net income in the marked periods.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Hertford Savings Bank, SSB

Hertford, NC · Cert 31345 · Peer group: banks under $1B in assets operating in a single state (n=743-746)

SI · FDIC · 1 branch

Q2 2026

$20.7MAssets
$14.6MLoans
$18.5MDeposits
$2.2MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 185 of 743).
  • Widest gap: efficiency ratio trails 97% of banks under $1B in assets operating in a single state (rank 727 of 746).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

-0.12%

Rank 723 of 746

Net Interest Margin

2.67%

Rank 683 of 746

Efficiency Ratio

102.14%

Rank 727 of 746

Equity / Assets

10.63%

Rank 352 of 746

Non-interest income vs. expense

$8K$572KINCOMEEXPENSE
Unfavorable gap of $564K · efficiency ratio beats 3% of banks under $1B in assets operating in a single state
Bank 102.14%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets-0.12%0.72%1.06%1.45%Beats 3%723 / 746
Return on Equity-1.09%6.74%10.51%13.63%Beats 3%722 / 746
Net Interest Margin2.67%3.17%3.68%4.16%Beats 8%683 / 746
Efficiency Ratio102.14%55.74%64.58%75.47%Beats 3%727 / 746
Asset Quality
Nonperforming Loans / Loans0.22%0.09%0.42%1.07%Beats 65%261 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 100%185 / 743
Capital
Tier 1 Capital Ratio10.64%11.55%13.75%17.60%Beats 16%630 / 746
Total Risk-Based Capital Ratio10.64%11.71%14.33%18.43%Beats 14%640 / 746
Equity / Assets10.63%8.90%10.51%13.06%Beats 53%352 / 746
Liquidity & Funding
Loans / Deposits79.22%61.31%78.27%90.78%52nd pctl361 / 746
Loans / Assets70.79%53.60%66.97%76.08%59th pctl305 / 746
Brokered Deposits / Depositsn/aNot reported for this institution