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Heritage Bank

Topeka, KS · Cert 57548 · Heritage Bancshares Inc.

State charter, Fed member · FED · 3 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=573 to 620). 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

49

Q2 2024Q2 2026peer median (50)

Asset Quality

42

Q2 2024Q2 2026peer median (50)

Profitability

78

Q2 2024Q2 2026peer median (50)

Liquidity

76

Q2 2024Q2 2026peer median

Efficiency

84

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 2026-10-10

Heritage Bank

Topeka, KS · Cert 57548 · Heritage Bancshares Inc.

State charter, Fed member · FED · 3 branches

Q2 2026

$324.9MAssets
$238.0MLoans
$278.6MDeposits
$36.1MEquity
Loan mix
75%RE $176.7M16%C&I $38.0M9%Consumer $20.0MQ2 2025Q2 2026
Deposit mix
82%Interest-bearing $228.6M18%Noninterest $50.1MQ2 2025Q2 2026

NIM

6.52%Q2 ’247.00%Q2 ’256.26%Q2 ’260%+11%

Non-interest income vs. expense

2.30%Q2 ’242.13%Q2 ’252.35%Q2 ’26-6%+10%

Market Position · Topeka, KS · 2026 SOD (annual) · 3.9% share · #8 of 30 inst. · $0.3B of $7.1B

Executive Summary

  • Earnings: ROA of 1.44%, up 17 bps year over year; NIM at 4.33%.
  • Asset quality: problem loans at 1.28% of loans (+128 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.94%, up 31 bps from a year ago.
  • Funding: loans stand at 85.40% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.44%+17 bps YoY

Net Interest Margin (YTD, annualized)

4.33%+43 bps YoY

Efficiency Ratio (YTD, annualized)

50.63%-253 bps YoY

Tier 1 Leverage Ratio

9.94%+31 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.27%0.98%0.96%1.49%1.44%+17 bps
Return on Equity13.80%9.63%9.22%13.87%13.28%-52 bps
Net Interest Margin3.89%3.50%2.97%4.39%4.33%+43 bps
Efficiency Ratio53.16%54.13%55.32%51.46%50.63%-253 bps
Non-Interest Burden2.02%1.79%1.57%2.15%2.22%+20 bps
Growth
Asset Growth (YoY)22.29%115.89%118.65%124.57%106.51%+8,422 bps
Loan Growth (YoY)29.33%93.66%89.19%79.64%70.66%+4,133 bps
Deposit Growth (YoY)25.99%103.75%96.27%91.14%112.81%+8,683 bps
Asset Quality
Nonperforming Loans / Loans0.00%1.30%0.04%0.48%1.28%+128 bps
Net Charge-Offs / Loans-0.02%-0.01%-0.01%-0.02%0.00%+2 bps
Allowance / Loans1.26%1.07%1.28%1.33%1.36%+9 bps
Allowance Coverage of NPLsn/a0.8x29.2x2.8x1.1xn/a
Capital
Tier 1 Leverage Ratio9.63%13.84%9.78%9.93%9.94%+31 bps
Total Risk-Based Capital11.68%12.87%12.38%12.37%14.24%+256 bps
Equity / Assets9.11%11.60%10.97%10.47%11.12%+201 bps
Liquidity & Funding
Loans / Deposits106.50%93.91%99.89%96.05%85.40%-2,110 bps
Liquid Assets / Assets1.51%2.94%2.63%8.76%9.54%+802 bps
CRE / Total Capitaln/a326%358%343%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 2026-10-10

Heritage Bank

Topeka, KS · Cert 57548 · Peer group: banks under $1B in assets (n=573-620) · Heritage Bancshares Inc.

State charter, Fed member · FED · 3 branches

Q2 2026

$324.9MAssets
$238.0MLoans
$278.6MDeposits
$36.1MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 86% of banks under $1B in assets (rank 89 of 620).
  • Widest gap: nonperforming loans / loans trails 75% of banks under $1B in assets (rank 431 of 573).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.44%

Rank 158 of 620

Net Interest Margin

4.33%

Rank 89 of 620

Efficiency Ratio

53.63%

Rank 103 of 620

Equity / Assets

11.12%

Rank 271 of 620

Non-interest income vs. expense

$0.4M$7.4MINCOMEEXPENSE
Unfavorable gap of $7.0M · efficiency ratio beats 84% of banks under $1B in assets
Bank 53.63%Peer median 68.1%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.44%0.60%1.00%1.45%Beats 75%158 / 620
Return on Equity12.92%5.30%9.30%13.29%Beats 73%169 / 620
Net Interest Margin4.33%3.02%3.53%4.04%Beats 86%89 / 620
Efficiency Ratio53.63%58.35%68.08%79.37%Beats 84%103 / 620
Asset Quality
Nonperforming Loans / Loans1.28%0.09%0.47%1.27%Beats 25%431 / 573
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 58%243 / 573
Capital
Tier 1 Capital Ratio12.99%11.27%13.87%18.78%Beats 44%349 / 620
Total Risk-Based Capital Ratio14.24%11.69%14.57%19.67%Beats 48%323 / 620
Equity / Assets11.12%9.03%10.60%13.73%Beats 56%271 / 620
Liquidity & Funding
Loans / Deposits85.40%65.08%79.69%92.47%60th pctl236 / 585
Loans / Assets73.24%51.85%67.17%77.86%63rd pctl230 / 620
Brokered Deposits / Depositsn/aNot reported for this institution