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

Deposit mix

NIM

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

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%.

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.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	0.68%	0.77%	0.79%	1.80%	1.27%	+59 bps
Return on Equity	7.51%	8.37%	8.53%	18.45%	13.32%	+581 bps
Net Interest Margin	3.44%	3.55%	3.60%	3.87%	3.70%	+26 bps
Efficiency Ratio	72.76%	71.17%	70.75%	71.16%	70.31%	-245 bps
Non-Interest Burden	2.43%	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 / Loans	0.01%	0.04%	0.09%	0.07%	0.05%	+3 bps
Net Charge-Offs / Loans	0.03%	0.04%	0.07%	0.21%	0.27%	+24 bps
Allowance / Loans	0.87%	0.87%	0.92%	0.88%	0.88%	+1 bps
Allowance Coverage of NPLs	73.8x	21.1x	10.4x	12.6x	19.0x	-54.8x
Capital
Tier 1 Leverage Ratio	9.02%	9.20%	9.38%	9.49%	9.01%	-1 bps
Total Risk-Based Capital	12.53%	12.53%	13.05%	12.81%	9.01%	-352 bps
Equity / Assets	9.17%	9.38%	9.69%	9.82%	9.13%	-4 bps
Liquidity & Funding
Loans / Deposits	88.32%	89.35%	89.43%	89.27%	84.02%	-430 bps
Liquid Assets / Assets	8.79%	7.24%	6.68%	6.52%	6.91%	-188 bps
CRE / Total Capital	n/a	415%	387%	380%	n/a	n/a