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Primary Bank

Bedford, NH · Cert 59086

State charter, non-member · FDIC · 4 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=573 to 620). 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

72

Q2 2024Q2 2026peer median (50)

Asset Quality

25

Q2 2024Q2 2026peer median (50)

Profitability

72

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

94

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 2026-10-10

Primary Bank

Bedford, NH · Cert 59086

State charter, non-member · FDIC · 4 branches

Q2 2026

$769.5MAssets
$671.4MLoans
$644.2MDeposits
$121.4MEquity
Loan mix
80%RE $519.1M20%C&I $125.9M0%Consumer $0.0MQ2 2025Q2 2026
Deposit mix
72%Interest-bearing $464.7M28%Noninterest $179.5MQ2 2025Q2 2026

NIM

5.72%Q2 ’245.68%Q2 ’255.69%Q2 ’26+2%+3%

Non-interest income vs. expense

1.74%Q2 ’241.77%Q2 ’251.85%Q2 ’26+1%+6%

Market Position · Manchester-Nashua, NH · 2026 SOD (annual) · 3.9% share · #4 of 24 inst. · $0.6B of $15.4B

3.9% Hillsborough
0.4% Rockingham

Executive Summary

  • Earnings: ROA of 1.75%, up 19 bps year over year; NIM at 3.98%.
  • Asset quality: problem loans at 1.48% of loans (-75 bps YoY), with net charge-offs at 0.09%.
  • Capital: tier 1 leverage ratio of 16.32%, up 129 bps from a year ago.
  • Funding: loans stand at 104.22% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.75%+19 bps YoY

Net Interest Margin (YTD, annualized)

3.98%+11 bps YoY

Efficiency Ratio (YTD, annualized)

45.63%+100 bps YoY

Tier 1 Leverage Ratio

16.32%+129 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.56%1.65%1.62%1.31%1.75%+19 bps
Return on Equity10.77%11.30%10.96%8.36%11.14%+36 bps
Net Interest Margin3.87%3.82%3.79%4.01%3.98%+11 bps
Efficiency Ratio44.63%42.51%43.09%47.75%45.63%+100 bps
Non-Interest Burden1.68%1.58%1.59%1.87%1.77%+9 bps
Growth
Asset Growth (YoY)2.56%2.44%1.98%6.35%6.18%+362 bps
Loan Growth (YoY)4.13%7.07%6.51%6.60%8.45%+432 bps
Deposit Growth (YoY)1.82%0.70%0.27%5.31%5.10%+328 bps
Asset Quality
Nonperforming Loans / Loans2.23%0.98%1.45%1.31%1.48%-75 bps
Net Charge-Offs / Loans0.00%0.00%0.11%0.00%0.09%+9 bps
Allowance / Loans0.97%0.96%1.00%1.01%0.99%+1 bps
Allowance Coverage of NPLs0.4x1.0x0.7x0.8x0.7x+0.2x
Capital
Tier 1 Leverage Ratio15.03%15.03%15.32%16.16%16.32%+129 bps
Total Risk-Based Capital16.78%16.65%17.13%17.49%17.40%+62 bps
Equity / Assets14.60%14.94%15.64%15.71%15.78%+118 bps
Liquidity & Funding
Loans / Deposits101.00%103.63%105.42%103.72%104.22%+322 bps
Liquid Assets / Assets13.48%11.26%10.03%11.95%11.10%-239 bps
CRE / Total Capitaln/a429%411%409%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 2026-10-10

Primary Bank

Bedford, NH · Cert 59086 · Peer group: banks under $1B in assets (n=573-620)

State charter, non-member · FDIC · 4 branches

Q2 2026

$769.5MAssets
$671.4MLoans
$644.2MDeposits
$121.4MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 94% of banks under $1B in assets (rank 38 of 620).
  • Widest gap: nonperforming loans / loans trails 80% of banks under $1B in assets (rank 458 of 573).
  • Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

1.69%

Rank 110 of 620

Net Interest Margin

3.98%

Rank 163 of 620

Efficiency Ratio

45.63%

Rank 38 of 620

Equity / Assets

15.78%

Rank 118 of 620

Non-interest income vs. expense

$0.6M$13.8MINCOMEEXPENSE
Unfavorable gap of $13.2M · efficiency ratio beats 94% of banks under $1B in assets
Bank 45.63%Peer median 68.1%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.69%0.60%1.00%1.45%Beats 82%110 / 620
Return on Equity10.74%5.30%9.30%13.29%Beats 60%251 / 620
Net Interest Margin3.98%3.02%3.53%4.04%Beats 74%163 / 620
Efficiency Ratio45.63%58.35%68.08%79.37%Beats 94%38 / 620
Asset Quality
Nonperforming Loans / Loans1.48%0.09%0.47%1.27%Beats 20%458 / 573
Net Charge-Offs / Loans0.04%n/a0.01%0.06%Beats 29%408 / 573
Capital
Tier 1 Capital Ratio16.36%11.27%13.87%18.78%Beats 66%211 / 620
Total Risk-Based Capital Ratio17.40%11.69%14.57%19.67%Beats 68%200 / 620
Equity / Assets15.78%9.03%10.60%13.73%Beats 81%118 / 620
Liquidity & Funding
Loans / Deposits104.22%65.08%79.69%92.47%91st pctl52 / 585
Loans / Assets87.25%51.85%67.17%77.86%95th pctl28 / 620
Brokered Deposits / Depositsn/aNot reported for this institution