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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 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

60

Q2 2024Q2 2026peer median (50)

Asset Quality

84

Q2 2024Q2 2026peer median (50)

Profitability

68

Q2 2024Q2 2026peer median (50)

Liquidity

53

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 2026-10-11

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 $6.8MQ3 2024Q2 2026
Deposit mix
80%Interest-bearing $155.2M20%Noninterest $39.5MQ3 2024Q2 2026

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.

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

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%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.79%1.77%1.90%1.92%1.97%1.95%2.50%2.48%+55 bps
Return on Equity14.22%14.27%16.03%15.60%15.48%15.18%18.92%18.45%+285 bps
Net Interest Margin2.06%2.05%2.22%2.35%2.43%2.53%2.78%2.86%+51 bps
Efficiency Ratio48.06%48.99%46.54%47.28%47.25%49.30%41.48%42.78%-451 bps
Non-Interest Burden-0.20%-0.17%-0.27%-0.17%-0.13%-0.03%-0.44%-0.29%-12 bps
Growth
Asset Growth (YoY)8.97%12.78%13.08%3.29%0.35%-3.14%0.94%5.11%+182 bps
Loan Growth (YoY)6.22%2.32%5.87%6.72%10.65%14.61%13.48%15.39%+867 bps
Deposit Growth (YoY)9.26%11.93%13.48%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%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0 bps
Allowance / Loans1.66%1.63%1.59%1.53%1.50%1.42%1.40%1.32%-20 bps
Allowance Coverage of NPLs2285.0x2285.0x457.0xn/an/a761.7xn/an/an/a
Capital
Tier 1 Leverage Ratio14.06%12.98%13.09%13.75%14.16%13.73%13.78%14.12%+37 bps
Total Risk-Based Capital14.06%12.98%13.09%13.75%14.16%13.73%13.78%14.12%+37 bps
Equity / Assets12.99%11.65%12.08%13.31%13.87%13.37%13.07%13.83%+52 bps
Liquidity & Funding
Loans / Deposits73.14%71.15%71.28%78.85%82.23%87.35%82.74%88.63%+978 bps
Liquid Assets / Assets3.26%2.97%2.90%3.01%3.04%2.97%5.35%2.72%-29 bps
CRE / Total Capitaln/an/an/an/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 2026-10-11

Security National Bank of South Dakota

Dakota Dunes, SD · Cert 34394 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · 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 operating in a single state (rank 105 of 743).
  • Widest gap: net interest margin trails 87% of banks under $1B in assets operating in a single state (rank 649 of 746).
  • Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

2.44%

Rank 19 of 746

Net Interest Margin

2.86%

Rank 649 of 746

Efficiency Ratio

42.78%

Rank 39 of 746

Equity / Assets

13.83%

Rank 150 of 746

Non-interest income vs. expense

$6.8M$6.0MINCOMEEXPENSE
Favorable gap of $0.7M · efficiency ratio beats 95% of banks under $1B in assets operating in a single state
Bank 42.78%Peer median 64.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets2.44%0.72%1.06%1.45%Beats 97%19 / 746
Return on Equity17.63%6.74%10.51%13.63%Beats 93%53 / 746
Net Interest Margin2.86%3.17%3.68%4.16%Beats 13%649 / 746
Efficiency Ratio42.78%55.74%64.58%75.47%Beats 95%39 / 746
Asset Quality
Nonperforming Loans / Loans0.00%0.09%0.42%1.07%Beats 100%105 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 68%242 / 743
Capital
Tier 1 Capital Ratio14.12%11.55%13.75%17.60%Beats 53%350 / 746
Total Risk-Based Capital Ratio14.12%11.71%14.33%18.43%Beats 47%393 / 746
Equity / Assets13.83%8.90%10.51%13.06%Beats 80%150 / 746
Liquidity & Funding
Loans / Deposits88.63%61.31%78.27%90.78%71st pctl217 / 746
Loans / Assets68.64%53.60%66.97%76.08%54th pctl345 / 746
Brokered Deposits / Depositsn/aNot reported for this institution