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Southpoint Bank

Birmingham, AL · Cert 58088 · Southpoint Bancshares Inc.

State charter, non-member · FDIC · 11 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=313 to 319). 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

3

Q2 2024Q2 2026peer median (50)

Asset Quality

2

Q2 2024Q2 2026peer median (50)

Profitability

8

Q2 2024Q2 2026peer median (50)

Liquidity

88

Q2 2024Q2 2026peer median

Efficiency

29

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

Southpoint Bank

Birmingham, AL · Cert 58088 · Southpoint Bancshares Inc.

State charter, non-member · FDIC · 11 branches

Q2 2026

$1.4BAssets
$1.1BLoans
$1.2BDeposits
$104.5MEquity
Loan mix
78%RE $863.3M21%C&I $237.0M0%Consumer $5.0MQ2 2025Q2 2026
Deposit mix
88%Interest-bearing $1.1B12%Noninterest $0.1BQ2 2025Q2 2026

NIM

6.73%Q2 ’246.27%Q2 ’255.76%Q2 ’26-12%+1%

Non-interest income vs. expense

2.04%Q2 ’242.07%Q2 ’252.39%Q2 ’26-9%+19%

Market Position · Birmingham, AL · 2026 SOD (annual) · 1.4% share · #14 of 49 inst. · $0.7B of $53.8B

1.6% Jefferson
15.0% Cullman
4.2% Marshall
0.7% Shelby

Executive Summary

  • Earnings: ROA of -1.71%, down 223 bps year over year; NIM at 3.07%.
  • Asset quality: problem loans at 3.54% of loans (+71 bps YoY), with net charge-offs at 4.45%.
  • Capital: tier 1 leverage ratio of 6.86%, down 23 bps from a year ago.
  • Funding: loans stand at 85.38% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-1.71%-223 bps YoY

Net Interest Margin (YTD, annualized)

3.07%+4 bps YoY

Efficiency Ratio (YTD, annualized)

65.28%+736 bps YoY

Tier 1 Leverage Ratio

6.86%-23 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.53%0.53%-0.54%-0.26%-1.71%-223 bps
Return on Equity7.19%7.02%-7.19%-3.34%-22.09%-2,929 bps
Net Interest Margin3.03%3.24%3.32%2.96%3.07%+4 bps
Efficiency Ratio57.92%57.38%58.63%61.24%65.28%+736 bps
Non-Interest Burden1.50%1.60%1.68%1.58%1.79%+29 bps
Growth
Asset Growth (YoY)-4.14%-10.74%-11.23%-19.45%-18.77%-1,463 bps
Loan Growth (YoY)-7.13%-14.09%-19.89%-23.65%-26.11%-1,897 bps
Deposit Growth (YoY)2.64%-10.67%-11.58%-20.18%-18.82%-2,146 bps
Asset Quality
Nonperforming Loans / Loans2.83%4.45%3.40%4.18%3.54%+71 bps
Net Charge-Offs / Loans0.85%0.63%1.88%0.09%4.45%+360 bps
Allowance / Loans1.00%1.40%2.30%2.95%2.74%+174 bps
Allowance Coverage of NPLs0.4x0.3x0.7x0.7x0.8x+0.4x
Capital
Tier 1 Leverage Ratio7.09%7.73%7.07%7.53%6.86%-23 bps
Total Risk-Based Capital9.79%10.87%10.52%10.96%10.18%+39 bps
Equity / Assets7.71%8.33%7.48%8.02%7.68%-3 bps
Liquidity & Funding
Loans / Deposits93.79%91.35%83.49%85.97%85.38%-842 bps
Liquid Assets / Assets4.98%6.82%6.53%8.89%12.74%+777 bps
CRE / Total Capitaln/a543%566%549%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

Southpoint Bank

Birmingham, AL · Cert 58088 · Peer group: banks $1B-$10B in assets (n=313-319) · Southpoint Bancshares Inc.

State charter, non-member · FDIC · 11 branches

Q2 2026

$1.4BAssets
$1.1BLoans
$1.2BDeposits
$104.5MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 29% of banks $1B-$10B in assets (rank 228 of 319).
  • Widest gap: tier 1 capital ratio trails 100% of banks $1B-$10B in assets (rank 318 of 319).
  • Overall: at or above the peer median on 0 of 9 directional measures.

Return on Assets

-1.83%

Rank 318 of 319

Net Interest Margin

3.07%

Rank 238 of 319

Efficiency Ratio

65.81%

Rank 228 of 319

Equity / Assets

7.68%

Rank 304 of 319

Non-interest income vs. expense

$8.4M$33.4MINCOMEEXPENSE
Unfavorable gap of $25.0M · efficiency ratio beats 29% of banks $1B-$10B in assets
Bank 65.81%Peer median 59.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets-1.83%0.91%1.21%1.53%Beats 0%318 / 319
Return on Equity-23.77%8.49%11.44%14.57%Beats 0%318 / 319
Net Interest Margin3.07%3.06%3.43%3.81%Beats 25%238 / 319
Efficiency Ratio65.81%51.90%59.57%67.64%Beats 29%228 / 319
Asset Quality
Nonperforming Loans / Loans3.54%0.25%0.54%1.18%Beats 2%307 / 313
Net Charge-Offs / Loans2.25%0.01%0.04%0.12%Beats 2%307 / 313
Capital
Tier 1 Capital Ratio8.91%11.74%12.99%15.28%Beats 0%318 / 319
Total Risk-Based Capital Ratio10.18%12.61%14.01%16.23%Beats 4%306 / 319
Equity / Assets7.68%9.03%10.33%12.01%Beats 5%304 / 319
Liquidity & Funding
Loans / Deposits85.38%76.76%88.16%95.43%43rd pctl179 / 314
Loans / Assets78.24%65.79%74.05%79.84%67th pctl104 / 319
Brokered Deposits / Depositsn/aNot reported for this institution