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Webbank

Salt Lake City, UT · Cert 34404

State charter, non-member · FDIC · 1 branch

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

91

Q2 2024Q2 2026peer median (50)

Asset Quality

26

Q2 2024Q2 2026peer median (50)

Profitability

98

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

38

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

Webbank

Salt Lake City, UT · Cert 34404

State charter, non-member · FDIC · 1 branch

Q2 2026

$2.9BAssets
$2.4BLoans
$2.3BDeposits
$478.6MEquity
Loan mix
0%RE $0.0B66%C&I $1.5B33%Consumer $0.7BQ2 2025Q2 2026
Deposit mix
94%Interest-bearing $2.1B6%Noninterest $0.1BQ2 2025Q2 2026

NIM

17.00%Q2 ’2418.64%Q2 ’2517.98%Q2 ’26+20%-2%

Non-interest income vs. expense

10.21%Q2 ’2412.87%Q2 ’2512.31%Q2 ’26+21%-11%

Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.2% share · #22 of 57 inst. · $2.3B of $1175.7B

Executive Summary

  • Earnings: ROA of 4.68%, up 35 bps year over year; NIM at 15.20%.
  • Asset quality: problem loans at 0.51% of loans (-77 bps YoY), with net charge-offs at 0.40%.
  • Capital: tier 1 leverage ratio of 17.39%, down 125 bps from a year ago.
  • Funding: loans stand at 107.47% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

4.68%+35 bps YoY

Net Interest Margin (YTD, annualized)

15.20%-33 bps YoY

Efficiency Ratio (YTD, annualized)

63.14%-324 bps YoY

Tier 1 Leverage Ratio

17.39%-125 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets4.33%4.52%4.46%4.54%4.68%+35 bps
Return on Equity23.51%24.79%25.57%27.71%28.37%+486 bps
Net Interest Margin15.53%14.25%13.98%14.68%15.20%-33 bps
Efficiency Ratio66.38%66.13%65.33%63.59%63.14%-324 bps
Non-Interest Burden8.99%8.22%7.89%7.86%8.03%-97 bps
Growth
Asset Growth (YoY)-2.32%9.94%39.21%24.55%31.43%+3,376 bps
Loan Growth (YoY)5.67%20.69%17.70%25.17%34.56%+2,889 bps
Deposit Growth (YoY)-5.55%7.43%44.23%24.47%33.70%+3,924 bps
Asset Quality
Nonperforming Loans / Loans1.28%0.72%0.40%0.57%0.51%-77 bps
Net Charge-Offs / Loans1.16%0.80%0.88%0.43%0.40%-76 bps
Allowance / Loans1.25%1.17%0.99%1.01%1.01%-24 bps
Allowance Coverage of NPLs1.0x1.6x2.5x1.8x2.0x+1.0x
Capital
Tier 1 Leverage Ratio18.64%17.18%17.11%16.95%17.39%-125 bps
Total Risk-Based Capital20.84%19.98%17.57%19.60%19.18%-167 bps
Equity / Assets18.59%17.71%15.06%17.92%16.73%-186 bps
Liquidity & Funding
Loans / Deposits106.78%109.58%89.86%108.58%107.47%+69 bps
Liquid Assets / Assets10.68%9.47%20.38%10.59%10.00%-69 bps
CRE / Total Capitaln/a1.13%1.20%1.14%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

Webbank

Salt Lake City, UT · Cert 34404 · Peer group: banks $1B-$10B in assets operating in a single state (n=257-258)

State charter, non-member · FDIC · 1 branch

Q2 2026

$2.9BAssets
$2.4BLoans
$2.3BDeposits
$478.6MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 99% of banks $1B-$10B in assets operating in a single state (rank 2 of 258).
  • Widest gap: net charge-offs / loans trails 92% of banks $1B-$10B in assets operating in a single state (rank 238 of 258).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

4.58%

Rank 5 of 258

Net Interest Margin

15.20%

Rank 2 of 258

Efficiency Ratio

63.28%

Rank 161 of 257

Equity / Assets

16.73%

Rank 12 of 258

Non-interest income vs. expense

$117.0M$336.1MINCOMEEXPENSE
Unfavorable gap of $219.0M · efficiency ratio beats 38% of banks $1B-$10B in assets operating in a single state
Bank 63.28%Peer median 60.3%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets4.58%0.93%1.23%1.54%Beats 98%5 / 258
Return on Equity27.39%9.26%11.84%14.74%Beats 97%8 / 258
Net Interest Margin15.20%3.16%3.49%3.88%Beats 99%2 / 258
Efficiency Ratio63.28%51.71%60.30%69.65%Beats 38%161 / 257
Asset Quality
Nonperforming Loans / Loans0.51%0.19%0.46%0.90%Beats 43%148 / 258
Net Charge-Offs / Loans0.22%0.01%0.02%0.07%Beats 8%238 / 258
Capital
Tier 1 Capital Ratio18.10%11.41%12.98%15.12%Beats 89%29 / 258
Total Risk-Based Capital Ratio19.18%12.10%13.91%16.08%Beats 90%27 / 258
Equity / Assets16.73%9.09%10.24%11.72%Beats 95%12 / 258
Liquidity & Funding
Loans / Deposits107.47%73.24%86.34%95.95%93rd pctl19 / 258
Loans / Assets85.02%63.01%72.27%78.40%94th pctl15 / 258
Brokered Deposits / Depositsn/aNot reported for this institution