PackageTrendsPeer
Letter portraitLegal landscape

Verabank, National Association

Henderson, TX · Cert 3250 · Verabank Inc.

National charter · OCC · 42 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B 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 $1B-$10B in assets operating in a single state (n=257 to 258). 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

80

Q2 2024Q2 2026peer median (50)

Asset Quality

26

Q2 2024Q2 2026peer median (50)

Profitability

75

Q2 2024Q2 2026peer median (50)

Liquidity

25

Q2 2024Q2 2026peer median

Efficiency

58

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

Verabank, National Association

Henderson, TX · Cert 3250 · Verabank Inc.

National charter · OCC · 42 branches

Q2 2026

$4.6BAssets
$2.8BLoans
$4.0BDeposits
$522.1MEquity
Loan mix
85%RE $2.4B12%C&I $0.3B3%Consumer $0.1BQ2 2025Q2 2026
Deposit mix
70%Interest-bearing $2.8B30%Noninterest $1.2BQ2 2025Q2 2026

NIM

5.04%Q2 ’245.19%Q2 ’255.08%Q2 ’26+9%+4%

Non-interest income vs. expense

2.70%Q2 ’242.76%Q2 ’252.85%Q2 ’26+2%+5%

Market Position · Longview, TX · 2026 SOD (annual) · 15.1% share · #2 of 25 inst. · $1.2B of $8.0B

55.4% Rusk
3.3% Williamson
7.9% Gregg
2.9% Smith

Executive Summary

  • Earnings: ROA of 1.61%, up 6 bps year over year; NIM at 3.97%.
  • Asset quality: problem loans at 0.96% of loans (+36 bps YoY), with net charge-offs at 0.10%.
  • Capital: tier 1 leverage ratio of 11.03%, up 55 bps from a year ago.
  • Funding: loans stand at 69.65% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.61%+6 bps YoY

Net Interest Margin (YTD, annualized)

3.97%+16 bps YoY

Efficiency Ratio (YTD, annualized)

57.43%-10 bps YoY

Tier 1 Leverage Ratio

11.03%+55 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.55%1.43%1.50%1.57%1.61%+6 bps
Return on Equity14.71%13.36%13.88%13.72%14.09%-62 bps
Net Interest Margin3.81%3.87%3.80%3.94%3.97%+16 bps
Efficiency Ratio57.53%58.19%57.07%57.99%57.43%-10 bps
Non-Interest Burden1.78%1.86%1.76%1.87%1.87%+9 bps
Growth
Asset Growth (YoY)4.62%2.26%3.43%4.13%6.39%+178 bps
Loan Growth (YoY)0.95%-2.29%-2.12%-2.09%-1.49%-244 bps
Deposit Growth (YoY)4.39%1.03%2.19%2.98%5.80%+141 bps
Asset Quality
Nonperforming Loans / Loans0.60%0.85%0.84%0.87%0.96%+36 bps
Net Charge-Offs / Loans0.07%0.38%0.31%0.13%0.10%+4 bps
Allowance / Loans1.25%1.22%1.23%1.22%1.24%-1 bps
Allowance Coverage of NPLs2.1x1.4x1.5x1.4x1.3x-0.8x
Capital
Tier 1 Leverage Ratio10.48%10.78%10.91%11.11%11.03%+55 bps
Total Risk-Based Capital16.99%17.59%18.29%18.50%18.50%+151 bps
Equity / Assets10.90%11.21%11.39%11.47%11.39%+49 bps
Liquidity & Funding
Loans / Deposits74.80%72.60%70.88%70.50%69.65%-515 bps
Liquid Assets / Assets17.90%20.73%23.29%23.28%22.98%+507 bps
CRE / Total Capitaln/a283%277%278%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

Verabank, National Association

Henderson, TX · Cert 3250 · Peer group: banks $1B-$10B in assets operating in a single state (n=257-258) · Verabank Inc.

National charter · OCC · 42 branches

Q2 2026

$4.6BAssets
$2.8BLoans
$4.0BDeposits
$522.1MEquity

Executive Summary

  • Strongest standing: total risk-based capital ratio outperforms 87% of banks $1B-$10B in assets operating in a single state (rank 33 of 258).
  • Widest gap: nonperforming loans / loans trails 78% of banks $1B-$10B in assets operating in a single state (rank 201 of 258).
  • Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

1.59%

Rank 58 of 258

Net Interest Margin

3.97%

Rank 53 of 258

Efficiency Ratio

57.87%

Rank 108 of 257

Equity / Assets

11.39%

Rank 83 of 258

Non-interest income vs. expense

$44.8M$129.7MINCOMEEXPENSE
Unfavorable gap of $84.9M · efficiency ratio beats 58% of banks $1B-$10B in assets operating in a single state
Bank 57.87%Peer median 60.3%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.59%0.93%1.23%1.54%Beats 78%58 / 258
Return on Equity13.92%9.26%11.84%14.74%Beats 68%83 / 258
Net Interest Margin3.97%3.16%3.49%3.88%Beats 79%53 / 258
Efficiency Ratio57.87%51.71%60.30%69.65%Beats 58%108 / 257
Asset Quality
Nonperforming Loans / Loans0.96%0.19%0.46%0.90%Beats 22%201 / 258
Net Charge-Offs / Loans0.06%0.01%0.02%0.07%Beats 29%185 / 258
Capital
Tier 1 Capital Ratio17.27%11.41%12.98%15.12%Beats 86%36 / 258
Total Risk-Based Capital Ratio18.50%12.10%13.91%16.08%Beats 87%33 / 258
Equity / Assets11.39%9.09%10.24%11.72%Beats 68%83 / 258
Liquidity & Funding
Loans / Deposits69.65%73.24%86.34%95.95%19th pctl210 / 258
Loans / Assets61.15%63.01%72.27%78.40%21st pctl203 / 258
Brokered Deposits / Depositsn/aNot reported for this institution