PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Cleo State Bank

Cleo Springs, OK · Cert 406 · Cleo Bancshares Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

$122.5MAssets
$68.0MLoans
$103.9MDeposits
$18.5MEquity
Loan mix
24%RE $10.1M63%C&I $26.4M13%Consumer $5.5MQ2 2025Q2 2026
Deposit mix
67%Interest-bearing $69.6M33%Noninterest $34.3MQ2 2025Q2 2026

NIM

6.15%Q2 ’245.62%Q2 ’256.22%Q2 ’26-6%+18%

Non-interest income vs. expense

2.11%Q2 ’242.13%Q2 ’251.99%Q2 ’26+2%-8%

Executive Summary

  • Earnings: ROA of 2.23%, up 75 bps year over year; NIM at 4.71%.
  • Asset quality: problem loans at 2.12% of loans (+177 bps YoY), with net charge-offs at 0.66%.
  • Capital: tier 1 leverage ratio of 16.43%, down 28 bps from a year ago.
  • Funding: loans stand at 65.49% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

2.23%+75 bps YoY

Net Interest Margin (quarter, annualized)

4.71%+72 bps YoY

Efficiency Ratio (quarter, annualized)

39.76%-1,012 bps YoY

Tier 1 Leverage Ratio

16.43%-28 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.48%1.52%0.78%1.36%2.23%+75 bps
Return on Equity9.68%9.68%4.87%8.46%14.38%+470 bps
Net Interest Margin3.99%3.94%4.04%3.88%4.71%+72 bps
Efficiency Ratio49.88%51.34%72.98%53.82%39.76%-1,012 bps
Non-Interest Burden1.85%1.89%2.87%1.96%1.70%-15 bps
Growth
Asset Growth (YoY)0.40%-0.96%1.46%1.62%6.49%+609 bps
Loan Growth (YoY)6.95%4.98%16.89%21.81%14.28%+733 bps
Deposit Growth (YoY)-1.92%-2.60%-0.24%0.70%6.93%+884 bps
Asset Quality
Nonperforming Loans / Loans0.35%2.26%2.50%1.02%2.12%+177 bps
Net Charge-Offs / Loans0.40%0.84%0.32%-0.01%0.66%+26 bps
Allowance / Loans1.03%0.91%0.77%0.82%0.80%-23 bps
Allowance Coverage of NPLs3.0x0.4x0.3x0.8x0.4x-2.6x
Capital
Tier 1 Leverage Ratio16.71%16.86%16.90%16.75%16.43%-28 bps
Total Risk-Based Capital16.71%16.86%16.90%16.75%16.43%-28 bps
Equity / Assets15.43%16.06%16.09%15.97%15.11%-33 bps
Liquidity & Funding
Loans / Deposits61.28%60.60%72.11%74.62%65.49%+421 bps
Liquid Assets / Assets15.00%17.47%13.49%12.66%17.95%+296 bps
CRE / Total Capitaln/a0.00%0.00%0.00%n/an/a