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Grand Bank for Savings, F.S.B.

Hattiesburg, MS · Cert 31864 · GBS Financial Inc.

State savings bank · OCC · 1 branch

Q2 2026

$280.4MAssets
$204.6MLoans
$246.9MDeposits
$30.4MEquity
Loan mix
100%RE $206.7M0%C&I $0.0M0%Consumer $0.0MQ2 2025Q2 2026
Deposit mix
99%Interest-bearing $243.6M1%Noninterest $3.3MQ2 2025Q2 2026

NIM

7.75%Q2 ’247.51%Q2 ’257.12%Q2 ’26+11%+6%

Non-interest income vs. expense

4.02%Q2 ’243.40%Q2 ’253.81%Q2 ’26-19%+10%

Market Position · Hattiesburg, MS · 2026 SOD (annual) · 6.0% share · #6 of 20 inst. · $0.2B of $4.1B

Executive Summary

  • Earnings: ROA of 0.37%, down 7 bps year over year; NIM at 4.06%.
  • Asset quality: problem loans at 0.78% of loans (+16 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.98%, up 50 bps from a year ago.
  • Funding: loans stand at 82.88% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.37%-7 bps YoY

Net Interest Margin (quarter, annualized)

4.06%+23 bps YoY

Efficiency Ratio (quarter, annualized)

88.97%+305 bps YoY

Tier 1 Leverage Ratio

10.98%+50 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.44%0.48%0.31%0.24%0.37%-7 bps
Return on Equity4.84%4.63%2.93%2.20%3.40%-144 bps
Net Interest Margin3.83%3.87%3.86%3.94%4.06%+23 bps
Efficiency Ratio85.92%84.70%90.21%89.07%88.97%+305 bps
Non-Interest Burden3.27%3.25%3.46%3.49%3.58%+32 bps
Growth
Asset Growth (YoY)40.60%16.03%9.70%4.23%-2.82%-4,341 bps
Loan Growth (YoY)29.82%7.03%3.28%9.54%6.01%-2,381 bps
Deposit Growth (YoY)39.16%14.16%7.16%1.00%-3.32%-4,248 bps
Asset Quality
Nonperforming Loans / Loans0.62%0.52%0.73%0.62%0.78%+16 bps
Net Charge-Offs / Loans-0.03%0.00%0.00%-0.01%0.00%+3 bps
Allowance / Loans0.72%0.73%0.73%0.72%0.73%+1 bps
Allowance Coverage of NPLs1.2x1.4x1.0x1.2x0.9x-0.2x
Capital
Tier 1 Leverage Ratio10.48%10.53%10.73%10.90%10.98%+50 bps
Total Risk-Based Capital10.48%10.53%10.73%10.90%10.98%+50 bps
Equity / Assets10.11%10.54%10.76%10.88%10.84%+74 bps
Liquidity & Funding
Loans / Deposits75.58%77.00%77.84%84.85%82.88%+730 bps
Liquid Assets / Assets28.55%27.15%26.24%19.32%20.78%-777 bps
CRE / Total Capitaln/a6.92%7.62%9.82%n/an/a