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South Central Bank, Inc.

Glasgow, KY · Cert 5854 · South Cntl Bancshares KY Inc.

State charter, non-member · FDIC · 27 branches

Q2 2026

$2.3BAssets
$1.8BLoans
$2.0BDeposits
$203.9MEquity
Loan mix
90%RE $1.5B9%C&I $0.2B1%Consumer $0.0BQ3 2024Q2 2026
Deposit mix
79%Interest-bearing $1.6B21%Noninterest $0.4BQ3 2024Q2 2026

Market Position · Bowling Green, KY · 2026 SOD (annual) · 7.1% share · #5 of 22 inst. · $0.3B of $4.8B

37.2% Barren
7.1% Warren
10.2% Hardin
9.0% Daviess

Executive Summary

  • Earnings: ROA of 1.45%, up 20 bps year over year; NIM at 3.66%.
  • Asset quality: problem loans at 0.30% of loans (-4 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 9.88%, down 5 bps from a year ago.
  • Funding: loans stand at 90.59% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

1.45%+20 bps YoY

Net Interest Margin (quarter, annualized)

3.66%+19 bps YoY

Efficiency Ratio (quarter, annualized)

51.99%-451 bps YoY

Tier 1 Leverage Ratio

9.88%-5 bps YoY

NIM

5.40%Q2 ’245.58%Q2 ’255.67%Q2 ’26+4%+5%

Non-interest income vs. expense

2.41%Q2 ’242.32%Q2 ’252.25%Q2 ’260%-6%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.15%1.27%1.16%1.25%1.32%1.26%1.36%1.45%+20 bps
Return on Equity12.94%14.57%13.31%14.05%14.49%13.57%14.78%15.96%+191 bps
Net Interest Margin3.26%3.40%3.26%3.47%3.68%3.75%3.63%3.66%+19 bps
Efficiency Ratio58.25%57.09%58.39%56.50%58.69%60.46%54.20%51.99%-451 bps
Non-Interest Burden1.60%1.66%1.66%1.67%1.83%2.01%1.70%1.57%-10 bps
Growth
Asset Growth (YoY)9.28%7.19%6.58%10.11%6.66%5.20%9.83%11.11%+100 bps
Loan Growth (YoY)9.65%8.38%7.79%9.91%8.94%9.13%13.69%11.90%+198 bps
Deposit Growth (YoY)6.91%5.89%6.55%7.83%8.95%2.70%7.81%14.06%+623 bps
Asset Quality
Nonperforming Loans / Loans0.34%0.34%0.33%0.34%0.32%0.46%0.39%0.30%-4 bps
Net Charge-Offs / Loans0.02%0.02%0.06%0.00%-0.01%0.03%-0.02%0.02%+2 bps
Allowance / Loans1.00%1.00%1.00%1.00%1.00%1.00%1.00%1.00%0 bps
Allowance Coverage of NPLs2.9x2.9x3.0x3.0x3.1x2.2x2.6x3.3x+0.3x
Capital
Tier 1 Leverage Ratio9.95%9.82%9.92%9.92%10.01%10.04%9.97%9.88%-5 bps
Total Risk-Based Capital12.61%12.83%12.95%12.80%12.89%13.10%13.05%13.12%+32 bps
Equity / Assets8.95%8.56%8.92%8.94%9.27%9.30%9.15%9.03%+10 bps
Liquidity & Funding
Loans / Deposits91.08%87.91%87.58%92.34%91.06%93.41%92.35%90.59%-175 bps
Liquid Assets / Assets4.78%5.28%6.03%5.44%3.47%4.21%4.28%6.15%+71 bps
CRE / Total Capitaln/an/an/an/a430%424%428%n/an/a