PackageTrendsPeer
Letter portraitLegal landscape

Charter Bank

Johnston, IA · Cert 34686 · Johnston Growth Corp.

State charter, non-member · FDIC · 4 branches

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=18 to 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

37

Q2 2024Q2 2026peer median (50)

Asset Quality

86

Q2 2024Q2 2026peer median (50)

Profitability

62

Q2 2024Q2 2026peer median (50)

Liquidity

75

Q2 2024Q2 2026peer median

Efficiency

84

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

Charter Bank

Johnston, IA · Cert 34686 · Johnston Growth Corp.

State charter, non-member · FDIC · 4 branches

Q2 2026

$227.5MAssets
$166.1MLoans
$203.5MDeposits
$23.4MEquity
Loan mix
83%RE $135.8M15%C&I $23.7M2%Consumer $3.6MQ2 2025Q2 2026
Deposit mix
73%Interest-bearing $148.7M27%Noninterest $54.8MQ2 2025Q2 2026

NIM

4.23%Q2 ’244.67%Q2 ’255.01%Q2 ’26+16%+11%

Non-interest income vs. expense

1.87%Q2 ’241.94%Q2 ’251.90%Q2 ’26+7%-6%

Market Position · Des Moines-West Des Moines, IA · 2026 SOD (annual) · 0.5% share · #28 of 57 inst. · $0.2B of $38.0B

0.5% Polk
2.0% Dallas

Executive Summary

  • Earnings: ROA of 1.43%, up 35 bps year over year; NIM at 3.43%.
  • 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 11.03%, down 7 bps from a year ago.
  • Funding: loans stand at 81.65% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.43%+35 bps YoY

Net Interest Margin (YTD, annualized)

3.43%+33 bps YoY

Efficiency Ratio (YTD, annualized)

49.93%-697 bps YoY

Tier 1 Leverage Ratio

11.03%-7 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.08%1.16%1.20%1.44%1.43%+35 bps
Return on Equity11.32%11.84%12.22%14.47%14.21%+289 bps
Net Interest Margin3.10%3.17%3.17%3.39%3.43%+33 bps
Efficiency Ratio56.90%55.50%54.92%49.98%49.93%-697 bps
Non-Interest Burden1.63%1.61%1.59%1.51%1.52%-10 bps
Growth
Asset Growth (YoY)2.03%2.98%5.15%7.08%5.88%+385 bps
Loan Growth (YoY)8.97%7.05%6.40%11.90%7.81%-116 bps
Deposit Growth (YoY)4.47%6.01%7.05%8.69%8.16%+369 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.01%0.02%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.96%0.99%0.98%0.95%1.01%+4 bps
Allowance Coverage of NPLs370.5x117.9x57.4xn/an/an/a
Capital
Tier 1 Leverage Ratio11.10%11.30%10.97%10.83%11.03%-7 bps
Total Risk-Based Capital11.10%11.30%10.97%10.83%11.03%-7 bps
Equity / Assets9.89%10.45%9.99%9.92%10.30%+42 bps
Liquidity & Funding
Loans / Deposits81.92%83.34%79.37%82.24%81.65%-27 bps
Liquid Assets / Assets1.98%0.00%0.00%0.00%0.00%-198 bps
CRE / Total Capitaln/a283%281%280%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

Charter Bank

Johnston, IA · Cert 34686 · Peer group: banks under $1B in assets in the Des Moines-West Des Moines, IA area (n=18-19) · Johnston Growth Corp.

State charter, non-member · FDIC · 4 branches

Q2 2026

$227.5MAssets
$166.1MLoans
$203.5MDeposits
$23.4MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 6 of 18).
  • Widest gap: total risk-based capital ratio trails 84% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 16 of 19).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.42%

Rank 5 of 19

Net Interest Margin

3.43%

Rank 12 of 19

Efficiency Ratio

49.93%

Rank 4 of 19

Equity / Assets

10.30%

Rank 7 of 19

Non-interest income vs. expense

$0.9M$4.3MINCOMEEXPENSE
Unfavorable gap of $3.5M · efficiency ratio beats 84% of banks under $1B in assets in the Des Moines-West Des Moines, IA area
Bank 49.93%Peer median 57.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.42%1.05%1.15%1.42%Beats 74%5 / 19
Return on Equity13.79%10.97%12.15%13.79%Beats 74%5 / 19
Net Interest Margin3.43%3.08%3.50%3.67%Beats 37%12 / 19
Efficiency Ratio49.93%52.38%57.82%63.73%Beats 84%4 / 19
Asset Quality
Nonperforming Loans / Loans0.00%n/a0.21%0.91%Beats 100%6 / 18
Net Charge-Offs / Loans0.00%0.00%0.01%0.01%Beats 72%6 / 18
Capital
Tier 1 Capital Ratio11.03%10.79%12.38%16.13%Beats 32%13 / 19
Total Risk-Based Capital Ratio11.03%11.60%13.40%17.04%Beats 16%16 / 19
Equity / Assets10.30%8.64%9.66%11.07%Beats 63%7 / 19
Liquidity & Funding
Loans / Deposits81.65%65.91%76.09%88.00%63rd pctl7 / 19
Loans / Assets73.01%57.37%63.36%76.16%68th pctl6 / 19
Brokered Deposits / Depositsn/aNot reported for this institution