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Southstate Bank, N.A.

Winter Haven, FL · Cert 33555 · Southstate Bank Corp.

National charter · OCC · 349 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

45

Q2 2024Q2 2026peer median (50)

Asset Quality

72

Q2 2024Q2 2026peer median (50)

Profitability

57

Q2 2024Q2 2026peer median (50)

Liquidity

58

Q2 2024Q2 2026peer median

Efficiency

67

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

Southstate Bank, N.A.

Winter Haven, FL · Cert 33555 · Southstate Bank Corp.

National charter · OCC · 349 branches

Q2 2026

$68.8BAssets
$51.3BLoans
$56.4BDeposits
$9.7BEquity
Loan mix
83%RE $39.2B15%C&I $7.1B2%Consumer $0.9BQ2 2025Q2 2026
Deposit mix
76%Interest-bearing $42.9B24%Noninterest $13.5BQ2 2025Q2 2026

NIM

4.53%Q2 ’245.07%Q2 ’254.85%Q2 ’26+17%-4%

Non-interest income vs. expense

2.18%Q2 ’242.41%Q2 ’252.13%Q2 ’26-24%+33%

Market Position · Lakeland-Winter Haven, FL · 2026 SOD (annual) · 48.0% share · #1 of 16 inst. · $7.9B of $16.5B

48.0% Polk
2.8% Fulton
6.3% Collin
11.5% Charleston

Executive Summary

  • Earnings: ROA of 1.42%, up 27 bps year over year; NIM at 3.58%.
  • Asset quality: problem loans at 0.54% of loans (-9 bps YoY), with net charge-offs at 0.07%.
  • Capital: tier 1 leverage ratio of 10.28%, up 12 bps from a year ago.
  • Funding: loans stand at 90.91% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.42%+27 bps YoY

Net Interest Margin (YTD, annualized)

3.58%-16 bps YoY

Efficiency Ratio (YTD, annualized)

49.65%+274 bps YoY

Tier 1 Leverage Ratio

10.28%+12 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.15%1.33%1.40%1.41%1.42%+27 bps
Return on Equity8.21%9.38%9.84%9.90%9.97%+176 bps
Net Interest Margin3.74%3.78%3.72%3.59%3.58%-16 bps
Efficiency Ratio46.90%47.29%47.64%50.08%49.65%+274 bps
Non-Interest Burden1.12%1.28%1.33%1.52%1.50%+38 bps
Growth
Asset Growth (YoY)44.82%43.32%44.88%4.24%4.45%-4,037 bps
Loan Growth (YoY)42.75%41.91%43.18%5.73%7.70%-3,505 bps
Deposit Growth (YoY)45.71%43.53%44.67%4.63%4.02%-4,170 bps
Asset Quality
Nonperforming Loans / Loans0.63%0.63%0.62%0.61%0.54%-9 bps
Net Charge-Offs / Loans0.29%0.28%0.23%0.08%0.07%-22 bps
Allowance / Loans1.31%1.23%1.20%1.18%1.14%-16 bps
Allowance Coverage of NPLs2.1x2.0x1.9x1.9x2.1x+0.1x
Capital
Tier 1 Leverage Ratio10.16%10.28%10.22%10.27%10.28%+12 bps
Total Risk-Based Capital13.57%13.76%13.68%13.44%13.27%-30 bps
Equity / Assets14.25%14.52%14.39%14.13%14.10%-15 bps
Liquidity & Funding
Loans / Deposits87.80%88.61%88.63%89.10%90.91%+311 bps
Liquid Assets / Assets7.36%7.03%6.87%6.13%5.13%-223 bps
CRE / Total Capitaln/a413%412%417%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

Southstate Bank, N.A.

Winter Haven, FL · Cert 33555 · Peer group: banks over $10B in assets (n=142-144) · Southstate Bank Corp.

National charter · OCC · 349 branches

Q2 2026

$68.8BAssets
$51.3BLoans
$56.4BDeposits
$9.7BEquity

Executive Summary

  • Strongest standing: equity / assets outperforms 86% of banks over $10B in assets (rank 20 of 144).
  • Widest gap: total risk-based capital ratio trails 78% of banks over $10B in assets (rank 113 of 144).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.40%

Rank 49 of 144

Net Interest Margin

3.58%

Rank 46 of 144

Efficiency Ratio

52.73%

Rank 49 of 144

Equity / Assets

14.10%

Rank 20 of 144

Non-interest income vs. expense

$0.4B$1.4BINCOMEEXPENSE
Unfavorable gap of $1.0B · efficiency ratio beats 67% of banks over $10B in assets
Bank 52.73%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.40%1.00%1.26%1.54%Beats 66%49 / 144
Return on Equity9.92%8.98%11.34%14.40%Beats 36%92 / 144
Net Interest Margin3.58%2.82%3.31%3.68%Beats 68%46 / 144
Efficiency Ratio52.73%49.42%56.02%62.41%Beats 67%49 / 144
Asset Quality
Nonperforming Loans / Loans0.54%0.48%0.73%1.07%Beats 69%45 / 142
Net Charge-Offs / Loans0.05%0.05%0.11%0.22%Beats 74%38 / 142
Capital
Tier 1 Capital Ratio12.17%12.07%12.98%14.92%Beats 28%104 / 144
Total Risk-Based Capital Ratio13.27%13.39%14.14%16.25%Beats 22%113 / 144
Equity / Assets14.10%9.69%11.39%12.96%Beats 86%20 / 144
Liquidity & Funding
Loans / Deposits90.91%75.72%84.92%91.56%73rd pctl39 / 143
Loans / Assets74.50%59.83%69.07%74.80%74th pctl38 / 144
Brokered Deposits / Depositsn/aNot reported for this institution