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Northstar Bank

Bad Axe, MI · Cert 57097 · Northstar Financial Group Inc.

State charter, Fed member · FED · 10 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B 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 $1B-$10B in assets (n=322 to 328). 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

6

Q2 2024Q2 2026peer median (50)

Asset Quality

62

Q2 2024Q2 2026peer median (50)

Profitability

69

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

44

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

Northstar Bank

Bad Axe, MI · Cert 57097 · Northstar Financial Group Inc.

State charter, Fed member · FED · 2 affiliate banks · 10 branches (27 in holding)

Q2 2026

$1.2BAssets
$996.3MLoans
$973.6MDeposits
$101.3MEquity
Loan mix
82%RE $752.7M17%C&I $152.3M1%Consumer $9.1MQ2 2025Q2 2026
Deposit mix
79%Interest-bearing $771.1M21%Noninterest $202.5MQ2 2025Q2 2026

NIM

5.23%Q2 ’245.32%Q2 ’255.43%Q2 ’26+7%-1%

Non-interest income vs. expense

2.52%Q2 ’242.72%Q2 ’252.73%Q2 ’26-3%+8%

Market Position · Detroit-Warren-Dearborn, MI · 2026 SOD (annual) · 0.2% share · #17 of 37 inst. · $0.4B of $183.9B

12.1% St. Clair
21.4% Huron
1.5% Washtenaw
25.5% Tuscola

Executive Summary

  • Earnings: ROA of 1.30%, up 16 bps year over year; NIM at 3.70%.
  • Asset quality: problem loans at 0.80% of loans (-26 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 9.11%, down 23 bps from a year ago.
  • Funding: loans stand at 102.34% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.30%+16 bps YoY

Net Interest Margin (YTD, annualized)

3.70%-3 bps YoY

Efficiency Ratio (YTD, annualized)

61.39%+241 bps YoY

Tier 1 Leverage Ratio

9.11%-23 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.13%1.23%1.31%1.28%1.30%+16 bps
Return on Equity13.00%14.15%15.19%15.04%15.12%+213 bps
Net Interest Margin3.74%3.74%3.65%3.66%3.70%-3 bps
Efficiency Ratio58.98%58.23%57.89%61.21%61.39%+241 bps
Non-Interest Burden1.84%1.82%1.76%1.92%1.98%+14 bps
Growth
Asset Growth (YoY)6.69%8.75%11.71%10.58%11.40%+471 bps
Loan Growth (YoY)10.71%12.13%11.53%12.00%11.97%+125 bps
Deposit Growth (YoY)-1.93%1.70%4.01%8.09%13.05%+1,498 bps
Asset Quality
Nonperforming Loans / Loans1.06%1.15%0.95%0.65%0.80%-26 bps
Net Charge-Offs / Loans0.49%0.30%0.23%0.00%-0.02%-50 bps
Allowance / Loans1.28%1.27%1.29%1.33%1.33%+6 bps
Allowance Coverage of NPLs1.2x1.1x1.4x2.1x1.7x+0.5x
Capital
Tier 1 Leverage Ratio9.34%9.36%8.73%8.90%9.11%-23 bps
Total Risk-Based Capital9.34%9.36%8.73%8.90%9.11%-23 bps
Equity / Assets8.87%8.71%8.29%8.75%8.72%-14 bps
Liquidity & Funding
Loans / Deposits103.33%102.03%102.27%99.44%102.34%-99 bps
Liquid Assets / Assets0.44%0.76%1.49%0.62%1.04%+60 bps
CRE / Total Capitaln/a507%557%540%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

Northstar Bank

Bad Axe, MI · Cert 57097 · Peer group: banks $1B-$10B in assets (n=322-328) · Northstar Financial Group Inc.

State charter, Fed member · FED · 2 affiliate banks · 10 branches (27 in holding)

Q2 2026

$1.2BAssets
$996.3MLoans
$973.6MDeposits
$101.3MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 89% of banks $1B-$10B in assets (rank 38 of 322).
  • Widest gap: total risk-based capital ratio trails 99% of banks $1B-$10B in assets (rank 326 of 328).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.28%

Rank 140 of 328

Net Interest Margin

3.70%

Rank 99 of 328

Efficiency Ratio

61.39%

Rank 186 of 328

Equity / Assets

8.72%

Rank 272 of 328

Non-interest income vs. expense

$8.7M$31.4MINCOMEEXPENSE
Unfavorable gap of $22.7M · efficiency ratio beats 44% of banks $1B-$10B in assets
Bank 61.39%Peer median 59.6%Q4 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.28%0.91%1.22%1.52%Beats 57%140 / 328
Return on Equity14.70%8.43%11.45%14.43%Beats 79%69 / 328
Net Interest Margin3.70%3.03%3.45%3.83%Beats 70%99 / 328
Efficiency Ratio61.39%51.61%59.56%67.53%Beats 44%186 / 328
Asset Quality
Nonperforming Loans / Loans0.80%0.24%0.51%1.03%Beats 34%212 / 322
Net Charge-Offs / Loans0.00%0.01%0.03%0.10%Beats 89%38 / 322
Capital
Tier 1 Capital Ratio9.11%11.75%13.15%15.47%Beats 1%325 / 328
Total Risk-Based Capital Ratio9.11%12.63%14.15%16.46%Beats 1%326 / 328
Equity / Assets8.72%9.15%10.33%12.01%Beats 17%272 / 328
Liquidity & Funding
Loans / Deposits102.34%76.63%87.92%95.36%92nd pctl27 / 323
Loans / Assets85.79%65.18%74.15%79.98%94th pctl21 / 328
Brokered Deposits / Depositsn/aNot reported for this institution