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Pillar Bank

Baldwin, WI · Cert 5336 · Baldwin Bancshares Inc.

State charter, Fed member · FED · 7 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 Minneapolis-St. Paul-Bloomington, MN-WI 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 Minneapolis-St. Paul-Bloomington, MN-WI area (n=53). 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

11

Q2 2024Q2 2026peer median (50)

Asset Quality

52

Q2 2024Q2 2026peer median (50)

Profitability

47

Q2 2024Q2 2026peer median (50)

Liquidity

92

Q2 2024Q2 2026peer median

Efficiency

30

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

Pillar Bank

Baldwin, WI · Cert 5336 · Baldwin Bancshares Inc.

State charter, Fed member · FED · 7 branches

Q2 2026

$267.0MAssets
$156.7MLoans
$195.8MDeposits
$21.0MEquity
Loan mix
87%RE $108.9M10%C&I $12.8M3%Consumer $3.9MQ2 2025Q2 2026
Deposit mix
74%Interest-bearing $144.8M26%Noninterest $51.0MQ2 2025Q2 2026

NIM

4.60%Q2 ’244.94%Q2 ’255.00%Q2 ’26+17%+7%

Non-interest income vs. expense

2.71%Q2 ’242.89%Q2 ’252.86%Q2 ’26+8%-1%

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.1% share · #75 of 125 inst. · $0.2B of $253.2B

5.2% St. Croix
5.7% Pierce
3.3% Polk
0.9% Chippewa

Executive Summary

  • Earnings: ROA of 0.97%, up 21 bps year over year; NIM at 3.81%.
  • Asset quality: problem loans at 0.92% of loans (-35 bps YoY), with net recoveries of 0.05%.
  • Capital: tier 1 leverage ratio of 9.99%, up 64 bps from a year ago.
  • Funding: loans stand at 80.05% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.97%+21 bps YoY

Net Interest Margin (YTD, annualized)

3.81%+24 bps YoY

Efficiency Ratio (YTD, annualized)

70.11%-520 bps YoY

Tier 1 Leverage Ratio

9.99%+64 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.76%0.66%0.62%0.98%0.97%+21 bps
Return on Equity12.01%10.14%9.34%13.22%12.78%+77 bps
Net Interest Margin3.56%3.46%3.52%3.70%3.81%+24 bps
Efficiency Ratio75.31%78.30%78.11%69.69%70.11%-520 bps
Non-Interest Burden2.60%2.64%2.67%2.47%2.57%-3 bps
Growth
Asset Growth (YoY)2.99%2.31%1.85%3.04%0.62%-237 bps
Loan Growth (YoY)2.44%4.59%7.89%7.67%0.80%-164 bps
Deposit Growth (YoY)-0.42%-4.03%-1.65%-0.56%4.00%+442 bps
Asset Quality
Nonperforming Loans / Loans1.27%1.12%0.57%0.72%0.92%-35 bps
Net Charge-Offs / Loans0.00%0.00%-0.19%-0.02%-0.05%-5 bps
Allowance / Loans1.15%1.15%1.30%1.33%1.35%+20 bps
Allowance Coverage of NPLs0.9x1.0x2.3x1.9x1.5x+0.6x
Capital
Tier 1 Leverage Ratio9.34%9.22%9.33%9.50%9.99%+64 bps
Total Risk-Based Capital13.99%9.22%9.33%9.50%9.99%-400 bps
Equity / Assets6.59%6.94%7.35%7.53%7.86%+127 bps
Liquidity & Funding
Loans / Deposits82.60%84.35%81.85%80.18%80.05%-254 bps
Liquid Assets / Assets9.64%9.54%9.59%12.29%12.74%+310 bps
CRE / Total Capitaln/a208%214%197.24%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

Pillar Bank

Baldwin, WI · Cert 5336 · Peer group: banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (n=53) · Baldwin Bancshares Inc.

State charter, Fed member · FED · 7 branches

Q2 2026

$267.0MAssets
$156.7MLoans
$195.8MDeposits
$21.0MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 70% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 17 of 53).
  • Widest gap: total risk-based capital ratio trails 94% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 50 of 53).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.97%

Rank 33 of 53

Net Interest Margin

3.81%

Rank 26 of 53

Efficiency Ratio

70.11%

Rank 38 of 53

Equity / Assets

7.86%

Rank 43 of 53

Non-interest income vs. expense

$0.8M$7.4MINCOMEEXPENSE
Unfavorable gap of $6.7M · efficiency ratio beats 30% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area
Bank 70.11%Peer median 65.1%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.97%0.73%1.11%1.30%Beats 38%33 / 53
Return on Equity12.33%7.88%12.20%14.12%Beats 51%26 / 53
Net Interest Margin3.81%3.39%3.77%4.09%Beats 51%26 / 53
Efficiency Ratio70.11%56.05%65.05%71.57%Beats 30%38 / 53
Asset Quality
Nonperforming Loans / Loans0.92%0.14%0.52%1.20%Beats 34%36 / 53
Net Charge-Offs / Loans0.00%0.00%0.01%0.08%Beats 70%17 / 53
Capital
Tier 1 Capital Ratio9.99%10.73%12.98%15.08%Beats 9%48 / 53
Total Risk-Based Capital Ratio9.99%11.49%13.79%16.34%Beats 6%50 / 53
Equity / Assets7.86%8.08%9.25%10.72%Beats 19%43 / 53
Liquidity & Funding
Loans / Deposits80.05%72.13%82.29%93.80%43rd pctl30 / 53
Loans / Assets58.69%63.64%71.80%79.37%19th pctl43 / 53
Brokered Deposits / Depositsn/aNot reported for this institution