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Letter portraitLegal landscapeQuarterYTD

Bank of Monroe, The

Union, WV · Cert 6180 · Union Bankshares Inc.

State charter, Fed member · FED · 3 branches

Q2 2026

$255.4MAssets
$157.0MLoans
$224.2MDeposits
$30.0MEquity
Loan mix
89%RE $135.7M8%C&I $12.5M2%Consumer $3.5MQ2 2025Q2 2026
Deposit mix
77%Interest-bearing $173.3M23%Noninterest $50.9MQ2 2025Q2 2026

NIM

4.42%Q2 ’244.72%Q2 ’254.92%Q2 ’26+5%+9%

Non-interest income vs. expense

2.61%Q2 ’242.56%Q2 ’252.43%Q2 ’26-10%+6%

Executive Summary

  • Earnings: ROA of 1.38%, up 15 bps year over year; NIM at 3.50%.
  • Asset quality: problem loans at 0.34% of loans (-5 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 13.22%, up 27 bps from a year ago.
  • Funding: loans stand at 70.04% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.38%+15 bps YoY

Net Interest Margin (YTD, annualized)

3.50%+29 bps YoY

Efficiency Ratio (YTD, annualized)

58.01%-392 bps YoY

Tier 1 Leverage Ratio

13.22%+27 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.24%1.16%1.18%1.39%1.38%+15 bps
Return on Equity11.62%10.84%10.86%12.23%12.01%+39 bps
Net Interest Margin3.20%3.23%3.24%3.45%3.50%+29 bps
Efficiency Ratio61.93%63.73%61.83%59.62%58.01%-392 bps
Non-Interest Burden1.65%1.76%1.71%1.82%1.76%+11 bps
Growth
Asset Growth (YoY)7.73%5.62%5.82%3.85%5.18%-255 bps
Loan Growth (YoY)12.88%9.66%9.24%7.98%7.29%-559 bps
Deposit Growth (YoY)7.27%5.42%4.56%2.91%4.13%-314 bps
Asset Quality
Nonperforming Loans / Loans0.39%0.38%0.32%0.34%0.34%-5 bps
Net Charge-Offs / Loans0.02%0.01%0.00%-0.01%-0.01%-3 bps
Allowance / Loans1.17%1.15%1.25%1.25%1.28%+11 bps
Allowance Coverage of NPLs3.0x3.1x3.9x3.6x3.8x+0.8x
Capital
Tier 1 Leverage Ratio12.95%12.80%12.67%13.04%13.22%+27 bps
Total Risk-Based Capital22.86%22.77%22.36%22.38%22.79%-7 bps
Equity / Assets10.98%11.03%11.32%11.44%11.76%+78 bps
Liquidity & Funding
Loans / Deposits67.98%66.71%68.91%70.55%70.04%+206 bps
Liquid Assets / Assets5.98%8.03%5.96%5.24%5.79%-19 bps
CRE / Total Capitaln/a141.36%152.85%146.93%n/an/a