PackageTrendsPeer
Letter portraitLegal landscape

Breda Savings Bank

Breda, IA · Cert 5792 · Van Financial Corp.

State charter, non-member · FDIC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in IA3

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 IA (n=134 to 135). 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

12

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

67

Q2 2024Q2 2026peer median (50)

Liquidity

45

Q2 2024Q2 2026peer median

Efficiency

77

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

Breda Savings Bank

Breda, IA · Cert 5792 · Van Financial Corp.

State charter, non-member · FDIC · 1 branch

Q2 2026

$106.0MAssets
$56.1MLoans
$84.7MDeposits
$8.7MEquity
Loan mix
88%RE $38.2M10%C&I $4.4M1%Consumer $0.6MQ3 2024Q2 2026
Deposit mix
75%Interest-bearing $63.2M25%Noninterest $21.5MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.62%, up 63 bps year over year; NIM at 2.82%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.88%, down 36 bps from a year ago.
  • Funding: loans stand at 66.24% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.62%+63 bps YoY

Net Interest Margin (YTD, annualized)

2.82%+17 bps YoY

Efficiency Ratio (YTD, annualized)

49.64%-606 bps YoY

Tier 1 Leverage Ratio

10.88%-36 bps YoY

NIM

4.87%Q2 ’244.79%Q2 ’254.77%Q2 ’26+7%+6%

Non-interest income vs. expense

1.53%Q2 ’241.75%Q2 ’251.65%Q2 ’26+14%-9%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.41%1.35%1.30%1.00%1.30%1.38%1.66%1.62%+63 bps
Return on Equity21.53%20.43%18.88%14.31%17.97%18.75%22.09%20.92%+661 bps
Net Interest Margin2.53%2.60%2.60%2.65%2.78%2.83%2.83%2.82%+17 bps
Efficiency Ratio54.95%55.15%58.80%55.69%52.82%53.67%53.35%49.64%-606 bps
Non-Interest Burden1.16%1.20%1.32%1.26%1.20%1.25%1.28%1.15%-11 bps
Growth
Asset Growth (YoY)5.90%-3.16%-3.08%-3.89%-1.10%3.96%9.65%9.07%+1,296 bps
Loan Growth (YoY)9.72%-0.70%-0.24%-4.38%1.68%5.66%-0.77%-4.11%+27 bps
Deposit Growth (YoY)8.16%-0.19%0.13%-2.94%-2.36%5.06%5.81%9.06%+1,200 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.76%0.77%0.75%0.77%0.77%0.76%0.76%0.76%-1 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.25%10.56%10.94%11.24%11.62%10.94%10.70%10.88%-36 bps
Total Risk-Based Capital10.25%10.56%10.94%11.24%11.62%10.94%10.70%10.88%-36 bps
Equity / Assets7.05%6.81%6.94%7.14%8.11%7.76%7.33%8.20%+106 bps
Liquidity & Funding
Loans / Deposits74.90%75.90%72.56%75.33%78.00%76.34%68.05%66.24%-910 bps
Liquid Assets / Assets0.35%0.84%0.31%4.08%0.67%0.71%7.66%7.68%+360 bps
CRE / Total Capitaln/an/an/an/a115.83%109.08%100.55%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

Breda Savings Bank

Breda, IA · Cert 5792 · Peer group: banks under $1B in assets in IA (n=134-135) · Van Financial Corp.

State charter, non-member · FDIC · 1 branch

Q2 2026

$106.0MAssets
$56.1MLoans
$84.7MDeposits
$8.7MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in IA (rank 21 of 134).
  • Widest gap: equity / assets trails 95% of banks under $1B in assets in IA (rank 128 of 135).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.59%

Rank 24 of 135

Net Interest Margin

2.82%

Rank 108 of 135

Efficiency Ratio

49.64%

Rank 32 of 135

Equity / Assets

8.20%

Rank 128 of 135

Non-interest income vs. expense

$0.5M$1.8MINCOMEEXPENSE
Unfavorable gap of $1.2M · efficiency ratio beats 77% of banks under $1B in assets in IA
Bank 49.64%Peer median 57.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.59%0.92%1.19%1.47%Beats 82%24 / 135
Return on Equity19.44%7.99%10.26%13.14%Beats 99%2 / 135
Net Interest Margin2.82%2.95%3.41%3.73%Beats 20%108 / 135
Efficiency Ratio49.64%50.61%57.35%63.29%Beats 77%32 / 135
Asset Quality
Nonperforming Loans / Loans0.00%0.03%0.51%1.26%Beats 100%21 / 134
Net Charge-Offs / Loans0.00%n/a0.01%0.03%Beats 100%45 / 134
Capital
Tier 1 Capital Ratio10.88%11.23%13.31%15.45%Beats 17%112 / 135
Total Risk-Based Capital Ratio10.88%11.61%14.06%16.47%Beats 15%115 / 135
Equity / Assets8.20%9.87%11.05%13.07%Beats 5%128 / 135
Liquidity & Funding
Loans / Deposits66.24%68.54%81.55%91.24%21st pctl106 / 134
Loans / Assets52.91%57.61%68.06%76.23%17th pctl112 / 135
Brokered Deposits / Depositsn/aNot reported for this institution