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Hiawatha Bank & Trust Company

Hiawatha, IA · Cert 34488 · Country Bcorp

State charter, non-member · FDIC · 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=581 to 629). 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

29

Q2 2024Q2 2026peer median (50)

Asset Quality

51

Q2 2024Q2 2026peer median (50)

Profitability

69

Q2 2024Q2 2026peer median (50)

Liquidity

99

Q2 2024Q2 2026peer median

Efficiency

76

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

Hiawatha Bank & Trust Company

Hiawatha, IA · Cert 34488 · Country Bcorp

State charter, non-member · FDIC · 3 affiliate banks · 3 branches (12 in holding)

Q2 2026

$156.9MAssets
$107.9MLoans
$133.9MDeposits
$16.3MEquity
Loan mix
89%RE $84.6M8%C&I $7.8M2%Consumer $2.2MQ2 2025Q2 2026
Deposit mix
69%Interest-bearing $92.9M31%Noninterest $41.0MQ2 2025Q2 2026

NIM

4.32%Q2 ’244.75%Q2 ’255.12%Q2 ’26+19%+11%

Non-interest income vs. expense

2.11%Q2 ’242.43%Q2 ’252.37%Q2 ’26+14%+4%

Market Position · Cedar Rapids, IA · 2026 SOD (annual) · 1.5% share · #15 of 35 inst. · $0.1B of $8.8B

Executive Summary

  • Earnings: ROA of 1.33%, up 24 bps year over year; NIM at 3.91%.
  • Asset quality: problem loans at 0.22% of loans (+9 bps YoY), with net charge-offs at 0.04%.
  • Capital: tier 1 leverage ratio of 10.98%, down 19 bps from a year ago.
  • Funding: loans stand at 80.61% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.33%+24 bps YoY

Net Interest Margin (YTD, annualized)

3.91%+40 bps YoY

Efficiency Ratio (YTD, annualized)

58.29%-534 bps YoY

Tier 1 Leverage Ratio

10.98%-19 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.09%1.12%1.16%1.19%1.33%+24 bps
Return on Equity10.52%10.73%10.99%11.30%12.70%+218 bps
Net Interest Margin3.51%3.54%3.56%3.93%3.91%+40 bps
Efficiency Ratio63.63%62.92%61.82%61.04%58.29%-534 bps
Non-Interest Burden2.12%2.12%2.10%2.34%2.21%+9 bps
Growth
Asset Growth (YoY)1.63%1.65%3.22%9.96%8.48%+685 bps
Loan Growth (YoY)2.40%3.45%4.66%8.11%7.40%+500 bps
Deposit Growth (YoY)0.22%7.70%2.01%15.13%11.86%+1,164 bps
Asset Quality
Nonperforming Loans / Loans0.13%0.13%0.17%0.14%0.22%+9 bps
Net Charge-Offs / Loans-0.01%-0.01%-0.01%0.08%0.04%+5 bps
Allowance / Loans1.17%1.16%1.12%1.07%1.05%-12 bps
Allowance Coverage of NPLs9.1x9.0x6.5x7.7x4.7x-4.3x
Capital
Tier 1 Leverage Ratio11.17%11.01%11.16%10.85%10.98%-19 bps
Total Risk-Based Capital11.17%11.01%11.16%10.85%10.98%-19 bps
Equity / Assets10.51%10.69%10.88%10.17%10.41%-10 bps
Liquidity & Funding
Loans / Deposits83.96%82.07%84.94%79.91%80.61%-335 bps
Liquid Assets / Assets0.59%0.45%0.46%0.44%0.52%-7 bps
CRE / Total Capitaln/a174.55%176.96%189.16%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

Hiawatha Bank & Trust Company

Hiawatha, IA · Cert 34488 · Peer group: banks under $1B in assets (n=581-629) · Country Bcorp

State charter, non-member · FDIC · 3 affiliate banks · 3 branches (12 in holding)

Q2 2026

$156.9MAssets
$107.9MLoans
$133.9MDeposits
$16.3MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 76% of banks under $1B in assets (rank 155 of 629).
  • Widest gap: total risk-based capital ratio trails 81% of banks under $1B in assets (rank 512 of 629).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.31%

Rank 204 of 629

Net Interest Margin

3.91%

Rank 194 of 629

Efficiency Ratio

58.29%

Rank 155 of 629

Equity / Assets

10.41%

Rank 342 of 629

Non-interest income vs. expense

$0.3M$3.7MINCOMEEXPENSE
Unfavorable gap of $3.5M · efficiency ratio beats 76% of banks under $1B in assets
Bank 58.29%Peer median 67.8%Q1 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.31%0.60%1.01%1.45%Beats 68%204 / 629
Return on Equity12.54%5.38%9.30%13.28%Beats 70%186 / 629
Net Interest Margin3.91%3.03%3.54%4.05%Beats 69%194 / 629
Efficiency Ratio58.29%58.35%67.79%79.08%Beats 76%155 / 629
Asset Quality
Nonperforming Loans / Loans0.22%0.09%0.46%1.20%Beats 63%214 / 581
Net Charge-Offs / Loans0.03%n/a0.01%0.06%Beats 38%361 / 581
Capital
Tier 1 Capital Ratio10.98%11.24%13.84%18.77%Beats 22%491 / 629
Total Risk-Based Capital Ratio10.98%11.58%14.43%19.66%Beats 19%512 / 629
Equity / Assets10.41%9.09%10.65%13.80%Beats 46%342 / 629
Liquidity & Funding
Loans / Deposits80.61%67.24%80.90%93.48%50th pctl299 / 594
Loans / Assets68.78%53.31%67.71%78.15%52nd pctl299 / 629
Brokered Deposits / Depositsn/aNot reported for this institution