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Flagship Bank

Clearwater, FL · Cert 58113 · West Florida Bank Corp.

State charter, non-member · FDIC · 6 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=570 to 617). 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

41

Q2 2024Q2 2026peer median (50)

Asset Quality

65

Q2 2024Q2 2026peer median (50)

Profitability

39

Q2 2024Q2 2026peer median (50)

Liquidity

37

Q2 2024Q2 2026peer median

Efficiency

70

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

Flagship Bank

Clearwater, FL · Cert 58113 · West Florida Bank Corp.

State charter, non-member · FDIC · 6 branches

Q2 2026

$802.8MAssets
$630.1MLoans
$670.4MDeposits
$97.8MEquity
Loan mix
89%RE $522.3M10%C&I $59.4M0%Consumer $2.9MQ2 2025Q2 2026
Deposit mix
71%Interest-bearing $478.3M29%Noninterest $192.1MQ2 2025Q2 2026

NIM

5.31%Q2 ’245.13%Q2 ’255.14%Q2 ’26+5%+0%

Non-interest income vs. expense

2.24%Q2 ’242.17%Q2 ’252.08%Q2 ’26-7%-1%

Market Position · Tampa-St. Petersburg-Clearwater, FL · 2026 SOD (annual) · 0.5% share · #24 of 60 inst. · $0.7B of $131.5B

0.8% Pinellas
0.5% Pasco

Executive Summary

  • Earnings: ROA of 0.96%, up 2 bps year over year; NIM at 3.33%.
  • Asset quality: problem loans at 0.02% of loans (+2 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 11.69%, up 2 bps from a year ago.
  • Funding: loans stand at 93.99% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.96%+2 bps YoY

Net Interest Margin (YTD, annualized)

3.33%+1 bps YoY

Efficiency Ratio (YTD, annualized)

60.30%-138 bps YoY

Tier 1 Leverage Ratio

11.69%+2 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.95%1.00%1.02%0.93%0.96%+2 bps
Return on Equity7.39%7.75%7.92%7.33%7.72%+33 bps
Net Interest Margin3.33%3.38%3.34%3.36%3.33%+1 bps
Efficiency Ratio61.68%60.65%59.89%64.32%60.30%-138 bps
Non-Interest Burden1.94%1.94%1.90%2.08%1.92%-2 bps
Growth
Asset Growth (YoY)5.43%8.05%13.26%9.94%15.54%+1,011 bps
Loan Growth (YoY)9.73%9.77%10.77%9.21%12.39%+266 bps
Deposit Growth (YoY)4.63%5.67%7.84%9.77%11.51%+688 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.13%0.13%0.14%0.02%+2 bps
Net Charge-Offs / Loans0.00%0.06%0.04%0.00%0.01%+1 bps
Allowance / Loans1.01%0.99%1.00%1.00%0.98%-3 bps
Allowance Coverage of NPLsn/a7.4x7.7x7.0x61.9xn/a
Capital
Tier 1 Leverage Ratio11.67%11.81%11.78%11.96%11.69%+2 bps
Total Risk-Based Capital11.67%11.81%11.78%11.96%11.69%+2 bps
Equity / Assets12.97%12.92%12.74%12.58%12.19%-78 bps
Liquidity & Funding
Loans / Deposits93.26%94.57%96.63%88.57%93.99%+73 bps
Liquid Assets / Assets15.56%16.59%17.40%18.73%16.93%+137 bps
CRE / Total Capitaln/a524%523%507%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

Flagship Bank

Clearwater, FL · Cert 58113 · Peer group: banks under $1B in assets (n=570-617) · West Florida Bank Corp.

State charter, non-member · FDIC · 6 branches

Q2 2026

$802.8MAssets
$630.1MLoans
$670.4MDeposits
$97.8MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 85% of banks under $1B in assets (rank 88 of 570).
  • Widest gap: total risk-based capital ratio trails 74% of banks under $1B in assets (rank 458 of 617).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.92%

Rank 350 of 617

Net Interest Margin

3.33%

Rank 377 of 617

Efficiency Ratio

60.30%

Rank 185 of 617

Equity / Assets

12.19%

Rank 211 of 617

Non-interest income vs. expense

$1.2M$16.0MINCOMEEXPENSE
Unfavorable gap of $14.7M · efficiency ratio beats 70% of banks under $1B in assets
Bank 60.30%Peer median 67.8%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.92%0.60%1.01%1.45%Beats 43%350 / 617
Return on Equity7.56%5.30%9.43%13.30%Beats 35%401 / 617
Net Interest Margin3.33%3.04%3.54%4.05%Beats 39%377 / 617
Efficiency Ratio60.30%58.03%67.76%79.08%Beats 70%185 / 617
Asset Quality
Nonperforming Loans / Loans0.02%0.09%0.47%1.27%Beats 85%88 / 570
Net Charge-Offs / Loans0.01%n/a0.01%0.06%Beats 45%313 / 570
Capital
Tier 1 Capital Ratio11.69%11.18%13.83%18.55%Beats 30%431 / 617
Total Risk-Based Capital Ratio11.69%11.56%14.39%19.39%Beats 26%458 / 617
Equity / Assets12.19%9.03%10.55%13.63%Beats 66%211 / 617
Liquidity & Funding
Loans / Deposits93.99%64.77%79.70%93.06%77th pctl131 / 582
Loans / Assets78.48%51.70%67.18%77.51%77th pctl140 / 617
Brokered Deposits / Depositsn/aNot reported for this institution