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Pioneer Bank

Stanley, VA · Cert 6913 · Pioneer Bankshares Inc.

State charter, Fed member · FED · 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=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

63

Q2 2024Q2 2026peer median (50)

Asset Quality

58

Q2 2024Q2 2026peer median (50)

Profitability

92

Q2 2024Q2 2026peer median (50)

Liquidity

22

Q2 2024Q2 2026peer median

Efficiency

95

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

Pioneer Bank

Stanley, VA · Cert 6913 · Pioneer Bankshares Inc.

State charter, Fed member · FED · 6 branches

Q2 2026

$371.8MAssets
$289.9MLoans
$296.2MDeposits
$43.5MEquity
Loan mix
87%RE $241.0M6%C&I $16.6M7%Consumer $17.9MQ2 2025Q2 2026
Deposit mix
67%Interest-bearing $197.4M33%Noninterest $98.8MQ2 2025Q2 2026

NIM

5.01%Q2 ’245.48%Q2 ’255.81%Q2 ’26+20%+14%

Non-interest income vs. expense

2.69%Q2 ’242.75%Q2 ’252.74%Q2 ’26+1%-55%

Market Position · Charlottesville, VA · 2026 SOD (annual) · 0.8% share · #13 of 15 inst. · $0.1B of $6.1B

41.2% Page
9.7% Greene
0.7% Harrisonburg (City)
0.4% Albemarle

Executive Summary

  • Earnings: ROA of 2.81%, up 162 bps year over year; NIM at 4.38%.
  • Asset quality: problem loans at 0.03% of loans (-4 bps YoY), with net recoveries of 0.04%.
  • Capital: tier 1 leverage ratio of 11.96%, up 92 bps from a year ago.
  • Funding: loans stand at 97.87% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.81%+162 bps YoY

Net Interest Margin (YTD, annualized)

4.38%+54 bps YoY

Efficiency Ratio (YTD, annualized)

44.88%-1,878 bps YoY

Tier 1 Leverage Ratio

11.96%+92 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.18%1.20%1.17%1.62%2.81%+162 bps
Return on Equity11.39%11.39%11.03%14.68%24.90%+1,351 bps
Net Interest Margin3.84%3.96%3.97%4.33%4.38%+54 bps
Efficiency Ratio63.66%62.98%62.72%58.24%44.88%-1,878 bps
Non-Interest Burden2.27%2.31%2.41%2.32%1.01%-126 bps
Growth
Asset Growth (YoY)-5.41%-4.65%2.82%3.38%10.12%+1,553 bps
Loan Growth (YoY)3.43%7.20%10.51%9.13%8.55%+513 bps
Deposit Growth (YoY)1.97%2.91%3.45%4.18%7.08%+512 bps
Asset Quality
Nonperforming Loans / Loans0.06%0.00%0.08%0.06%0.03%-4 bps
Net Charge-Offs / Loans0.07%0.09%0.07%-0.05%-0.04%-11 bps
Allowance / Loans0.97%0.95%0.88%0.88%0.82%-15 bps
Allowance Coverage of NPLs15.1xn/a11.3x13.8x28.8x+13.7x
Capital
Tier 1 Leverage Ratio11.04%11.43%11.40%11.44%11.96%+92 bps
Total Risk-Based Capital15.15%14.79%14.79%15.58%16.53%+137 bps
Equity / Assets10.92%11.01%11.01%11.08%11.70%+79 bps
Liquidity & Funding
Loans / Deposits96.54%98.34%102.45%98.22%97.87%+132 bps
Liquid Assets / Assets2.69%3.37%2.81%3.16%2.67%-2 bps
CRE / Total Capitaln/a370%358%349%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

Pioneer Bank

Stanley, VA · Cert 6913 · Peer group: banks under $1B in assets (n=573-620) · Pioneer Bankshares Inc.

State charter, Fed member · FED · 6 branches

Q2 2026

$371.8MAssets
$289.9MLoans
$296.2MDeposits
$43.5MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 96% of banks under $1B in assets (rank 26 of 620).
  • Widest gap: net charge-offs / loans trails 67% of banks under $1B in assets (rank 384 of 573).
  • Overall: at or above the peer median on 8 of 9 directional measures.

Return on Assets

2.74%

Rank 42 of 620

Net Interest Margin

4.38%

Rank 80 of 620

Efficiency Ratio

44.88%

Rank 35 of 620

Equity / Assets

11.70%

Rank 235 of 620

Non-interest income vs. expense

$6.4M$10.2MINCOMEEXPENSE
Unfavorable gap of $3.7M · efficiency ratio beats 95% of banks under $1B in assets
Bank 44.88%Peer median 68.1%Q4 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets2.74%0.60%1.00%1.45%Beats 93%42 / 620
Return on Equity23.40%5.30%9.30%13.29%Beats 96%26 / 620
Net Interest Margin4.38%3.02%3.53%4.04%Beats 87%80 / 620
Efficiency Ratio44.88%58.35%68.08%79.37%Beats 95%35 / 620
Asset Quality
Nonperforming Loans / Loans0.03%0.09%0.47%1.27%Beats 83%101 / 573
Net Charge-Offs / Loans0.03%n/a0.01%0.06%Beats 33%384 / 573
Capital
Tier 1 Capital Ratio15.67%11.27%13.87%18.78%Beats 63%231 / 620
Total Risk-Based Capital Ratio16.53%11.69%14.57%19.67%Beats 63%227 / 620
Equity / Assets11.70%9.03%10.60%13.73%Beats 62%235 / 620
Liquidity & Funding
Loans / Deposits97.87%65.08%79.69%92.47%83rd pctl98 / 585
Loans / Assets77.97%51.85%67.17%77.86%75th pctl154 / 620
Brokered Deposits / Depositsn/aNot reported for this institution