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Resource Bank

Covington, LA · Cert 34803 · Resource Bankshares Inc.

State charter, non-member · FDIC · 11 branches

Q2 2026

$980.7MAssets
$829.5MLoans
$803.0MDeposits
$120.6MEquity
Loan mix
96%RE $764.7M3%C&I $25.0M1%Consumer $6.9MQ2 2025Q2 2026
Deposit mix
73%Interest-bearing $584.8M27%Noninterest $218.2MQ2 2025Q2 2026

NIM

5.11%Q2 ’245.49%Q2 ’255.61%Q2 ’26+22%+12%

Non-interest income vs. expense

2.46%Q2 ’242.69%Q2 ’252.96%Q2 ’26+9%+10%

Market Position · Slidell-Mandeville-Covington, LA · 2026 SOD (annual) · 8.1% share · #6 of 26 inst. · $0.6B of $7.9B

8.1% St. Tammany
14.1% Washington
0.1% Orleans
0.2% Jefferson

Executive Summary

  • Earnings: ROA of 1.18%, up 12 bps year over year; NIM at 4.30%.
  • Asset quality: problem loans at 0.05% of loans (+2 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.80%, up 83 bps from a year ago.
  • Funding: loans stand at 103.30% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.18%+12 bps YoY

Net Interest Margin (quarter, annualized)

4.30%+45 bps YoY

Efficiency Ratio (quarter, annualized)

65.20%-104 bps YoY

Tier 1 Leverage Ratio

12.80%+83 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.06%1.18%1.20%1.80%1.18%+12 bps
Return on Equity9.19%9.84%9.93%14.49%9.45%+26 bps
Net Interest Margin3.85%4.08%4.15%4.16%4.30%+45 bps
Efficiency Ratio66.24%65.63%63.16%68.09%65.20%-104 bps
Non-Interest Burden2.48%2.59%2.58%2.76%2.72%+24 bps
Growth
Asset Growth (YoY)-4.51%-3.91%-1.42%-6.25%2.60%+711 bps
Loan Growth (YoY)4.77%3.33%3.70%1.16%4.70%-7 bps
Deposit Growth (YoY)4.95%1.79%1.87%-4.74%-1.22%-618 bps
Asset Quality
Nonperforming Loans / Loans0.03%0.04%0.04%0.02%0.05%+2 bps
Net Charge-Offs / Loans0.00%0.00%0.01%0.00%0.00%0 bps
Allowance / Loans0.61%0.61%0.61%0.41%0.41%-20 bps
Allowance Coverage of NPLs18.4x14.6x15.1x23.8x8.1x-10.3x
Capital
Tier 1 Leverage Ratio11.97%12.13%12.31%12.81%12.80%+83 bps
Total Risk-Based Capital11.97%12.13%12.31%12.81%12.80%+83 bps
Equity / Assets11.92%12.02%12.20%12.66%12.30%+38 bps
Liquidity & Funding
Loans / Deposits97.46%98.30%99.31%99.35%103.30%+584 bps
Liquid Assets / Assets1.35%0.70%0.81%0.78%2.86%+151 bps
CRE / Total Capitaln/a442%437%426%n/an/a