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Its Bank

Johnston, IA · Cert 34619

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 under $1B in assets in the Des Moines-West Des Moines, IA area3

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 in the Des Moines-West Des Moines, IA area (n=19). 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

95

Q2 2024Q2 2026peer median (50)

Asset Quality

No peer data yet

Profitability

86

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

100

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

Its Bank

Johnston, IA · Cert 34619

State charter, non-member · FDIC · 1 branch

Q2 2026

$45.2MAssets
$0KLoans
$500KDeposits
$41.1MEquity
Deposit mix
100%Interest-bearing $500K0%Noninterest $0KQ2 2025Q2 2026

NIM

2.87%Q2 ’244.88%Q2 ’253.72%Q2 ’26+71%-24%

Non-interest income vs. expense

0.93%Q2 ’240.66%Q2 ’250.46%Q2 ’26-34%+40%

Market Position · Des Moines-West Des Moines, IA · 2026 SOD (annual) · 0.0% share · #57 of 57 inst. · $0.0B of $38.0B

Executive Summary

  • Earnings: ROA of 61.63%, up 5,754 bps year over year; NIM at 3.67%.
  • Capital: tier 1 leverage ratio of 97.51%, up 27 bps from a year ago.
  • Funding: loans stand at 0.00% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

61.63%1+5,754 bps YoY

Net Interest Margin (YTD, annualized)

3.67%-113 bps YoY

Efficiency Ratio (YTD, annualized)

10.23%-55 bps YoY

Tier 1 Leverage Ratio

97.51%+27 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets4.09%4.72%4.55%4.05%61.63%1+5,754 bps
Return on Equity4.23%4.89%4.69%4.14%64.93%+6,070 bps
Net Interest Margin4.80%4.84%4.80%4.81%3.67%-113 bps
Efficiency Ratio10.78%10.92%11.00%9.96%10.23%-55 bps
Non-Interest Burden-0.64%-0.64%-0.60%-0.61%-0.39%+26 bps
Growth
Asset Growth (YoY)-11.56%-7.91%5.23%3.59%50.23%+6,178 bps
Loan Growth (YoY)n/an/an/an/an/an/an/a
Deposit Growth (YoY)0.00%0.00%0.00%0.00%0.00%0 bps
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio97.24%93.99%93.57%93.17%97.51%+27 bps
Total Risk-Based Capital97.24%93.99%93.57%93.17%97.51%+27 bps
Equity / Assets96.42%96.85%97.94%97.88%90.85%-557 bps
Liquidity & Funding
Loans / Deposits0.00%0.00%0.00%0.00%0.00%0 bps
Liquid Assets / Assets5.30%5.22%5.21%5.19%3.52%-178 bps
CRE / Total Capitaln/a0.00%0.00%0.00%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. 1 One-time gains made up most of net income in the marked periods. Year to date through Q2 2026, gains on securities were $13.9M before tax, about $10.1M after an assumed 27% tax, or 93% of net income. Excluding them, ROA would be much lower. Source: Call Report Schedule RI, items 6.a, 6.b and 8.b.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-10

Its Bank

Johnston, IA · Cert 34619 · Peer group: banks under $1B in assets in the Des Moines-West Des Moines, IA area (n=19)

State charter, non-member · FDIC · 1 branch

Q2 2026

$45.2MAssets
$0KLoans
$500KDeposits
$41.1MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 100% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 1 of 19).
  • Widest gap: net interest margin trails 32% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 6 of 19).
  • Overall: at or above the peer median on 7 of 7 directional measures.

Return on Assets

48.37%

Rank 1 of 19

Net Interest Margin

3.67%

Rank 6 of 19

Efficiency Ratio

10.23%

Rank 1 of 19

Equity / Assets

90.85%

Rank 1 of 19

Non-interest income vs. expense

$342K$186KINCOMEEXPENSE
Favorable gap of $156K · efficiency ratio beats 100% of banks under $1B in assets in the Des Moines-West Des Moines, IA area
Bank 10.23%Peer median 57.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets48.37%1.05%1.15%1.42%Beats 95%1 / 19
Return on Equity53.24%10.97%12.15%13.79%Beats 95%1 / 19
Net Interest Margin3.67%3.08%3.50%3.67%Beats 68%6 / 19
Efficiency Ratio10.23%52.38%57.82%63.73%Beats 100%1 / 19
Asset Quality
Nonperforming Loans / Loansn/aNot reported for this institution
Net Charge-Offs / Loansn/aNot reported for this institution
Capital
Tier 1 Capital Ratio97.51%10.79%12.38%16.13%Beats 95%1 / 19
Total Risk-Based Capital Ratio97.51%11.60%13.40%17.04%Beats 95%1 / 19
Equity / Assets90.85%8.64%9.66%11.07%Beats 95%1 / 19
Liquidity & Funding
Loans / Deposits0.00%65.91%76.09%88.00%0th pctl19 / 19
Loans / Assets0.00%57.37%63.36%76.16%0th pctl19 / 19
Brokered Deposits / Depositsn/aNot reported for this institution