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Security National Bank of South Dakota

Dakota Dunes, SD · Cert 34394 · Security National Corp.

National charter · OCC · 3 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B 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 under $1B in assets (n=573 to 620). 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

58

Q2 2024Q2 2026peer median (50)

Asset Quality

83

Q2 2024Q2 2026peer median (50)

Profitability

67

Q2 2024Q2 2026peer median (50)

Liquidity

62

Q2 2024Q2 2026peer median

Efficiency

95

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 2026-10-10

Security National Bank of South Dakota

Dakota Dunes, SD · Cert 34394 · Security National Corp.

National charter · OCC · 1 affiliate bank · 3 branches (13 in holding)

Q2 2026

$251.5MAssets
$172.6MLoans
$194.7MDeposits
$34.8MEquity
Loan mix
89%RE $143.0M7%C&I $10.5M4%Consumer $6.8MQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $155.2M20%Noninterest $39.5MQ2 2025Q2 2026

NIM

3.51%Q2 ’244.04%Q2 ’254.43%Q2 ’26+13%+22%

Non-interest income vs. expense

2.17%Q2 ’242.27%Q2 ’252.36%Q2 ’26+21%-68%

Market Position · Sioux Falls, SD-MN · 2026 SOD (annual) · 0.0% share · #22 of 42 inst. · $0.1B of $1127.8B

11.5% Union
0.0% Lincoln
0.0% Minnehaha

Executive Summary

  • Earnings: ROA of 2.48%, up 55 bps year over year; NIM at 2.86%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 14.12%, up 37 bps from a year ago.
  • Funding: loans stand at 88.63% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.48%+55 bps YoY

Net Interest Margin (YTD, annualized)

2.86%+51 bps YoY

Efficiency Ratio (YTD, annualized)

42.78%-451 bps YoY

Tier 1 Leverage Ratio

14.12%+37 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.92%1.97%1.95%2.50%2.48%+55 bps
Return on Equity15.60%15.48%15.18%18.92%18.45%+285 bps
Net Interest Margin2.35%2.43%2.53%2.78%2.86%+51 bps
Efficiency Ratio47.28%47.25%49.30%41.48%42.78%-451 bps
Non-Interest Burden-0.17%-0.13%-0.03%-0.44%-0.29%-12 bps
Growth
Asset Growth (YoY)3.29%0.35%-3.14%0.94%5.11%+182 bps
Loan Growth (YoY)6.72%10.65%14.61%13.48%15.39%+867 bps
Deposit Growth (YoY)1.06%-1.57%-6.65%-2.24%2.65%+159 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.01%0.00%0 bps
Allowance / Loans1.53%1.50%1.42%1.40%1.32%-20 bps
Allowance Coverage of NPLsn/an/a761.7xn/an/an/a
Capital
Tier 1 Leverage Ratio13.75%14.16%13.73%13.78%14.12%+37 bps
Total Risk-Based Capital13.75%14.16%13.73%13.78%14.12%+37 bps
Equity / Assets13.31%13.87%13.37%13.07%13.83%+52 bps
Liquidity & Funding
Loans / Deposits78.85%82.23%87.35%82.74%88.63%+978 bps
Liquid Assets / Assets3.01%3.04%2.97%5.35%2.72%-29 bps
CRE / Total Capitaln/a206%229%218%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 2026-10-10

Security National Bank of South Dakota

Dakota Dunes, SD · Cert 34394 · Peer group: banks under $1B in assets (n=573-620) · Security National Corp.

National charter · OCC · 1 affiliate bank · 3 branches (13 in holding)

Q2 2026

$251.5MAssets
$172.6MLoans
$194.7MDeposits
$34.8MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets (rank 81 of 573).
  • Widest gap: net interest margin trails 81% of banks under $1B in assets (rank 504 of 620).
  • Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

2.44%

Rank 51 of 620

Net Interest Margin

2.86%

Rank 504 of 620

Efficiency Ratio

42.78%

Rank 29 of 620

Equity / Assets

13.83%

Rank 151 of 620

Non-interest income vs. expense

$6.8M$6.0MINCOMEEXPENSE
Favorable gap of $0.7M · efficiency ratio beats 95% of banks under $1B in assets
Bank 42.78%Peer median 68.1%Q4 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets2.44%0.60%1.00%1.45%Beats 92%51 / 620
Return on Equity17.63%5.30%9.30%13.29%Beats 90%65 / 620
Net Interest Margin2.86%3.02%3.53%4.04%Beats 19%504 / 620
Efficiency Ratio42.78%58.35%68.08%79.37%Beats 95%29 / 620
Asset Quality
Nonperforming Loans / Loans0.00%0.09%0.47%1.27%Beats 100%81 / 573
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 66%201 / 573
Capital
Tier 1 Capital Ratio14.12%11.27%13.87%18.78%Beats 52%298 / 620
Total Risk-Based Capital Ratio14.12%11.69%14.57%19.67%Beats 47%330 / 620
Equity / Assets13.83%9.03%10.60%13.73%Beats 76%151 / 620
Liquidity & Funding
Loans / Deposits88.63%65.08%79.69%92.47%67th pctl194 / 585
Loans / Assets68.64%51.85%67.17%77.86%53rd pctl289 / 620
Brokered Deposits / Depositsn/aNot reported for this institution