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Providence Bank

Rocky Mount, NC · Cert 58239 · PB Financial Corp.

State charter, non-member · FDIC · 10 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=322 to 328). 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

45

Q2 2024Q2 2026peer median (50)

Asset Quality

88

Q2 2024Q2 2026peer median (50)

Profitability

77

Q2 2024Q2 2026peer median (50)

Liquidity

30

Q2 2024Q2 2026peer median

Efficiency

93

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

Providence Bank

Rocky Mount, NC · Cert 58239 · PB Financial Corp.

State charter, non-member · FDIC · 10 branches

Q2 2026

$1.5BAssets
$1.3BLoans
$1.3BDeposits
$186.5MEquity
Loan mix
92%RE $1.1B7%C&I $0.1B2%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
85%Interest-bearing $1.1B15%Noninterest $0.2BQ2 2025Q2 2026

NIM

5.65%Q2 ’246.25%Q2 ’256.11%Q2 ’26+17%+4%

Non-interest income vs. expense

1.46%Q2 ’241.67%Q2 ’251.65%Q2 ’26+15%-2%

Market Position · Rocky Mount, NC · 2026 SOD (annual) · 20.9% share · #2 of 12 inst. · $0.8B of $3.9B

20.1% Nash
8.1% Wilson
7.7% Onslow
28.4% Edgecombe

Executive Summary

  • Earnings: ROA of 1.80%, up 13 bps year over year; NIM at 3.86%.
  • Asset quality: problem loans at 0.12% of loans (+9 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.21%, up 43 bps from a year ago.
  • Funding: loans stand at 97.47% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.80%+13 bps YoY

Net Interest Margin (YTD, annualized)

3.86%+15 bps YoY

Efficiency Ratio (YTD, annualized)

39.90%-183 bps YoY

Tier 1 Leverage Ratio

12.21%+43 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.67%1.74%1.79%1.76%1.80%+13 bps
Return on Equity13.90%14.33%14.60%13.95%14.35%+46 bps
Net Interest Margin3.71%3.75%3.81%3.98%3.86%+15 bps
Efficiency Ratio41.73%40.90%40.42%40.57%39.90%-183 bps
Non-Interest Burden1.53%1.51%1.50%1.58%1.51%-2 bps
Growth
Asset Growth (YoY)11.22%8.29%6.65%7.75%8.04%-318 bps
Loan Growth (YoY)10.44%8.71%4.51%6.11%7.15%-329 bps
Deposit Growth (YoY)12.25%8.41%6.28%7.73%8.67%-358 bps
Asset Quality
Nonperforming Loans / Loans0.03%0.09%0.07%0.08%0.12%+9 bps
Net Charge-Offs / Loans0.00%0.00%0.01%0.00%0.00%0 bps
Allowance / Loans0.89%0.89%0.89%0.88%0.86%-3 bps
Allowance Coverage of NPLs26.6x10.2x12.0x11.6x7.2x-19.5x
Capital
Tier 1 Leverage Ratio11.78%11.87%12.28%12.47%12.21%+43 bps
Total Risk-Based Capital13.78%13.97%14.20%14.12%12.21%-156 bps
Equity / Assets11.89%12.46%12.77%12.47%12.32%+42 bps
Liquidity & Funding
Loans / Deposits98.85%99.91%99.30%97.87%97.47%-138 bps
Liquid Assets / Assets2.17%1.34%0.99%1.31%1.17%-100 bps
CRE / Total Capitaln/a558%543%542%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

Providence Bank

Rocky Mount, NC · Cert 58239 · Peer group: banks $1B-$10B in assets (n=322-328) · PB Financial Corp.

State charter, non-member · FDIC · 10 branches

Q2 2026

$1.5BAssets
$1.3BLoans
$1.3BDeposits
$186.5MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 93% of banks $1B-$10B in assets (rank 23 of 328).
  • Widest gap: total risk-based capital ratio trails 79% of banks $1B-$10B in assets (rank 260 of 328).
  • Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

1.73%

Rank 55 of 328

Net Interest Margin

3.86%

Rank 77 of 328

Efficiency Ratio

41.48%

Rank 23 of 328

Equity / Assets

12.32%

Rank 69 of 328

Non-interest income vs. expense

$2.0M$24.3MINCOMEEXPENSE
Unfavorable gap of $22.3M · efficiency ratio beats 93% of banks $1B-$10B in assets
Bank 41.48%Peer median 59.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.73%0.91%1.22%1.52%Beats 83%55 / 328
Return on Equity14.06%8.43%11.45%14.43%Beats 71%94 / 328
Net Interest Margin3.86%3.03%3.45%3.83%Beats 77%77 / 328
Efficiency Ratio41.48%51.61%59.56%67.53%Beats 93%23 / 328
Asset Quality
Nonperforming Loans / Loans0.12%0.24%0.51%1.03%Beats 85%48 / 322
Net Charge-Offs / Loans0.00%0.01%0.03%0.10%Beats 91%29 / 322
Capital
Tier 1 Capital Ratio12.21%11.75%13.15%15.47%Beats 34%215 / 328
Total Risk-Based Capital Ratio12.21%12.63%14.15%16.46%Beats 21%260 / 328
Equity / Assets12.32%9.15%10.33%12.01%Beats 79%69 / 328
Liquidity & Funding
Loans / Deposits97.47%76.63%87.92%95.36%80th pctl64 / 323
Loans / Assets83.21%65.18%74.15%79.98%86th pctl46 / 328
Brokered Deposits / Depositsn/aNot reported for this institution