PackageTrendsPeer
Letter portraitLegal landscape

Southern Bank of Tennessee

Mount Juliet, TN · Cert 34847 · SB Financial Inc.

State charter, Fed member · FED · 5 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

9

Q2 2024Q2 2026peer median (50)

Asset Quality

46

Q2 2024Q2 2026peer median (50)

Profitability

64

Q2 2024Q2 2026peer median (50)

Liquidity

86

Q2 2024Q2 2026peer median

Efficiency

43

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

Southern Bank of Tennessee

Mount Juliet, TN · Cert 34847 · SB Financial Inc.

State charter, Fed member · FED · 5 branches

Q2 2026

$533.4MAssets
$394.3MLoans
$469.4MDeposits
$48.7MEquity
Loan mix
90%RE $344.4M7%C&I $27.8M3%Consumer $9.8MQ2 2025Q2 2026
Deposit mix
89%Interest-bearing $416.4M11%Noninterest $52.9MQ2 2025Q2 2026

NIM

5.48%Q2 ’245.98%Q2 ’255.97%Q2 ’26+33%+8%

Non-interest income vs. expense

2.60%Q2 ’242.67%Q2 ’252.79%Q2 ’26+4%+3%

Market Position · Nashville-Davidson--Murfreesboro--Franklin, TN · 2026 SOD (annual) · 0.4% share · #32 of 62 inst. · $0.4B of $107.8B

5.2% Wilson
1.2% Rutherford
6.2% Anderson
0.2% Williamson

Executive Summary

  • Earnings: ROA of 1.27%, up 59 bps year over year; NIM at 3.70%.
  • Asset quality: problem loans at 0.05% of loans (+3 bps YoY), with net charge-offs at 0.27%.
  • Capital: tier 1 leverage ratio of 9.01%, down 1 bps from a year ago.
  • Funding: loans stand at 84.02% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.27%+59 bps YoY

Net Interest Margin (YTD, annualized)

3.70%+26 bps YoY

Efficiency Ratio (YTD, annualized)

70.31%-245 bps YoY

Tier 1 Leverage Ratio

9.01%-1 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.68%0.77%0.79%1.80%1.27%+59 bps
Return on Equity7.51%8.37%8.53%18.45%13.32%+581 bps
Net Interest Margin3.44%3.55%3.60%3.87%3.70%+26 bps
Efficiency Ratio72.76%71.17%70.75%71.16%70.31%-245 bps
Non-Interest Burden2.43%2.44%2.45%2.65%2.50%+7 bps
Growth
Asset Growth (YoY)10.09%12.13%6.16%4.47%12.62%+253 bps
Loan Growth (YoY)26.90%22.48%16.86%7.69%7.99%-1,891 bps
Deposit Growth (YoY)13.96%12.07%7.51%4.80%13.52%-44 bps
Asset Quality
Nonperforming Loans / Loans0.01%0.04%0.09%0.07%0.05%+3 bps
Net Charge-Offs / Loans0.03%0.04%0.07%0.21%0.27%+24 bps
Allowance / Loans0.87%0.87%0.92%0.88%0.88%+1 bps
Allowance Coverage of NPLs73.8x21.1x10.4x12.6x19.0x-54.8x
Capital
Tier 1 Leverage Ratio9.02%9.20%9.38%9.49%9.01%-1 bps
Total Risk-Based Capital12.53%12.53%13.05%12.81%9.01%-352 bps
Equity / Assets9.17%9.38%9.69%9.82%9.13%-4 bps
Liquidity & Funding
Loans / Deposits88.32%89.35%89.43%89.27%84.02%-430 bps
Liquid Assets / Assets8.79%7.24%6.68%6.52%6.91%-188 bps
CRE / Total Capitaln/a415%387%380%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

Southern Bank of Tennessee

Mount Juliet, TN · Cert 34847 · Peer group: banks under $1B in assets (n=581-629) · SB Financial Inc.

State charter, Fed member · FED · 5 branches

Q2 2026

$533.4MAssets
$394.3MLoans
$469.4MDeposits
$48.7MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 81% of banks under $1B in assets (rank 114 of 581).
  • Widest gap: total risk-based capital ratio trails 99% of banks under $1B in assets (rank 620 of 629).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.19%

Rank 244 of 629

Net Interest Margin

3.70%

Rank 267 of 629

Efficiency Ratio

70.31%

Rank 358 of 629

Equity / Assets

9.13%

Rank 468 of 629

Non-interest income vs. expense

$1.5M$14.4MINCOMEEXPENSE
Unfavorable gap of $12.9M · efficiency ratio beats 43% of banks under $1B in assets
Bank 70.31%Peer median 67.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.19%0.60%1.01%1.45%Beats 61%244 / 629
Return on Equity13.05%5.38%9.30%13.28%Beats 74%166 / 629
Net Interest Margin3.70%3.03%3.54%4.05%Beats 58%267 / 629
Efficiency Ratio70.31%58.35%67.79%79.08%Beats 43%358 / 629
Asset Quality
Nonperforming Loans / Loans0.05%0.09%0.46%1.20%Beats 81%114 / 581
Net Charge-Offs / Loans0.14%n/a0.01%0.06%Beats 11%518 / 581
Capital
Tier 1 Capital Ratio9.01%11.24%13.84%18.77%Beats 1%620 / 629
Total Risk-Based Capital Ratio9.01%11.58%14.43%19.66%Beats 1%620 / 629
Equity / Assets9.13%9.09%10.65%13.80%Beats 26%468 / 629
Liquidity & Funding
Loans / Deposits84.02%67.24%80.90%93.48%55th pctl270 / 594
Loans / Assets73.93%53.31%67.71%78.15%63rd pctl231 / 629
Brokered Deposits / Depositsn/aNot reported for this institution