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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 $0.6MQ2 2025Q2 2026
Deposit mix
75%Interest-bearing $63.2M25%Noninterest $21.5MQ2 2025Q2 2026

NIM

4.94%Q2 ’244.78%Q2 ’254.84%Q2 ’26+2%+7%

Non-interest income vs. expense

1.33%Q2 ’241.65%Q2 ’251.55%Q2 ’26+23%-12%

Executive Summary

  • Earnings: ROA of 1.57%, up 87 bps year over year; NIM at 2.85%.
  • 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.

Financial Results

Return on Assets (quarter, annualized)

1.57%+87 bps YoY

Net Interest Margin (quarter, annualized)

2.85%+18 bps YoY

Efficiency Ratio (quarter, annualized)

46.02%-658 bps YoY

Tier 1 Leverage Ratio

10.88%-36 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.70%1.91%1.60%1.66%1.57%+87 bps
Return on Equity9.90%25.08%20.22%22.09%20.20%+1,030 bps
Net Interest Margin2.67%3.08%3.05%2.83%2.85%+18 bps
Efficiency Ratio52.60%48.16%56.00%53.35%46.02%-658 bps
Non-Interest Burden1.18%1.09%1.44%1.28%1.04%-14 bps
Growth
Asset Growth (YoY)-3.89%-1.10%3.96%9.65%9.07%+1,296 bps
Loan Growth (YoY)-4.38%1.68%5.66%-0.77%-4.11%+27 bps
Deposit Growth (YoY)-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 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.77%0.77%0.76%0.76%0.76%-1 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio11.24%11.62%10.94%10.70%10.88%-36 bps
Total Risk-Based Capital11.24%11.62%10.94%10.70%10.88%-36 bps
Equity / Assets7.14%8.11%7.76%7.33%8.20%+106 bps
Liquidity & Funding
Loans / Deposits75.33%78.00%76.34%68.05%66.24%-910 bps
Liquid Assets / Assets4.08%0.67%0.71%7.66%7.68%+360 bps
CRE / Total Capitaln/a115.83%109.08%100.55%n/an/a