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Mount Vernon Bank

Mount Vernon, GA · Cert 8028 · Heart of GA Bancshares Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in GA3

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 in GA (n=58 to 59). 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

6

Q2 2024Q2 2026peer median (50)

Asset Quality

67

Q2 2024Q2 2026peer median (50)

Profitability

43

Q2 2024Q2 2026peer median (50)

Liquidity

97

Q2 2024Q2 2026peer median

Efficiency

27

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

Mount Vernon Bank

Mount Vernon, GA · Cert 8028 · Heart of GA Bancshares Inc.

State charter, non-member · FDIC · 1 affiliate bank · 5 branches (6 in holding)

Q2 2026

$217.6MAssets
$143.7MLoans
$199.7MDeposits
$15.7MEquity
Loan mix
90%RE $116.5M8%C&I $10.2M2%Consumer $3.0MQ2 2025Q2 2026
Deposit mix
79%Interest-bearing $158.3M21%Noninterest $41.4MQ2 2025Q2 2026

NIM

5.50%Q2 ’246.13%Q2 ’255.88%Q2 ’26+29%0%

Non-interest income vs. expense

2.53%Q2 ’242.74%Q2 ’253.17%Q2 ’26+23%+20%

Executive Summary

  • Earnings: ROA of 1.00%, down 46 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 0.64% of loans (+16 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.26%, up 52 bps from a year ago.
  • Funding: loans stand at 71.96% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.00%-46 bps YoY

Net Interest Margin (YTD, annualized)

4.24%-2 bps YoY

Efficiency Ratio (YTD, annualized)

68.84%+986 bps YoY

Tier 1 Leverage Ratio

10.26%+52 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.46%1.39%1.29%0.98%1.00%-46 bps
Return on Equity25.73%23.65%21.30%14.48%14.37%-1,136 bps
Net Interest Margin4.26%4.28%4.31%4.35%4.24%-2 bps
Efficiency Ratio58.98%60.53%63.28%67.79%68.84%+986 bps
Non-Interest Burden2.34%2.43%2.58%2.82%2.81%+46 bps
Growth
Asset Growth (YoY)3.24%6.20%2.64%3.68%12.85%+961 bps
Loan Growth (YoY)13.25%6.66%4.21%11.26%19.65%+641 bps
Deposit Growth (YoY)23.77%20.47%0.87%2.81%10.82%-1,295 bps
Asset Quality
Nonperforming Loans / Loans0.48%0.45%2.06%2.14%0.64%+16 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.15%1.18%1.22%1.20%1.29%+14 bps
Allowance Coverage of NPLs2.4x2.6x0.6x0.6x2.0x-0.4x
Capital
Tier 1 Leverage Ratio9.73%9.88%9.94%9.97%10.26%+52 bps
Total Risk-Based Capital9.73%9.88%9.94%9.97%10.26%+52 bps
Equity / Assets5.72%6.41%6.93%6.59%7.23%+151 bps
Liquidity & Funding
Loans / Deposits66.65%67.23%70.69%74.39%71.96%+531 bps
Liquid Assets / Assets11.53%11.86%7.47%5.71%7.05%-448 bps
CRE / Total Capitaln/a220%219%241%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

Mount Vernon Bank

Mount Vernon, GA · Cert 8028 · Peer group: banks under $1B in assets in GA (n=58-59) · Heart of GA Bancshares Inc.

State charter, non-member · FDIC · 1 affiliate bank · 5 branches (6 in holding)

Q2 2026

$217.6MAssets
$143.7MLoans
$199.7MDeposits
$15.7MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in GA (rank 10 of 58).
  • Widest gap: equity / assets trails 95% of banks under $1B in assets in GA (rank 56 of 59).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.92%

Rank 46 of 59

Net Interest Margin

4.24%

Rank 30 of 59

Efficiency Ratio

69.29%

Rank 44 of 59

Equity / Assets

7.23%

Rank 56 of 59

Non-interest income vs. expense

$0.8M$6.6MINCOMEEXPENSE
Unfavorable gap of $5.8M · efficiency ratio beats 27% of banks under $1B in assets in GA
Bank 69.29%Peer median 60.2%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.92%0.94%1.46%1.76%Beats 22%46 / 59
Return on Equity12.67%7.92%11.60%15.10%Beats 58%25 / 59
Net Interest Margin4.24%3.66%4.24%4.75%Beats 49%30 / 59
Efficiency Ratio69.29%51.87%60.25%70.24%Beats 27%44 / 59
Asset Quality
Nonperforming Loans / Loans0.64%0.10%0.36%0.89%Beats 34%39 / 58
Net Charge-Offs / Loans0.00%0.00%0.02%0.05%Beats 100%10 / 58
Capital
Tier 1 Capital Ratio10.26%11.93%15.65%21.05%Beats 7%55 / 59
Total Risk-Based Capital Ratio10.26%12.05%15.77%22.26%Beats 5%56 / 59
Equity / Assets7.23%9.10%11.51%14.32%Beats 5%56 / 59
Liquidity & Funding
Loans / Deposits71.96%59.62%72.81%85.44%47th pctl31 / 58
Loans / Assets66.06%49.55%64.39%73.73%56th pctl26 / 59
Brokered Deposits / Depositsn/aNot reported for this institution