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Citizens State Bank

Royal Oak, MI · Cert 8183 · Citizens Bancshares Inc.

State charter, Fed member · FED · 3 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=581 to 629). 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

5

Q2 2024Q2 2026peer median (50)

Asset Quality

40

Q2 2024Q2 2026peer median (50)

Profitability

87

Q2 2024Q2 2026peer median (50)

Liquidity

77

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 2026-10-11

Citizens State Bank

Royal Oak, MI · Cert 8183 · Citizens Bancshares Inc.

State charter, Fed member · FED · 3 branches

Q2 2026

$581.0MAssets
$455.5MLoans
$530.5MDeposits
$48.0MEquity
Loan mix
91%RE $376.6M9%C&I $35.6M1%Consumer $3.0MQ2 2025Q2 2026
Deposit mix
71%Interest-bearing $375.9M29%Noninterest $154.6MQ2 2025Q2 2026

NIM

6.12%Q2 ’245.95%Q2 ’256.29%Q2 ’26-4%+0%

Non-interest income vs. expense

2.38%Q2 ’242.29%Q2 ’252.04%Q2 ’26-7%-4%

Market Position · Detroit-Warren-Dearborn, MI · 2026 SOD (annual) · 0.3% share · #16 of 37 inst. · $0.5B of $183.9B

0.6% Oakland
76.4% Ontonagon

Executive Summary

  • Earnings: ROA of 1.83%, up 22 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 0.18% of loans (-138 bps YoY), with net charge-offs at 0.25%.
  • Capital: tier 1 leverage ratio of 8.58%, down 78 bps from a year ago.
  • Funding: loans stand at 85.88% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.83%+22 bps YoY

Net Interest Margin (YTD, annualized)

4.24%0 bps YoY

Efficiency Ratio (YTD, annualized)

42.14%-340 bps YoY

Tier 1 Leverage Ratio

8.58%-78 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.61%1.38%1.37%1.80%1.83%+22 bps
Return on Equity18.67%16.06%16.20%21.90%22.25%+358 bps
Net Interest Margin4.24%3.93%3.59%4.12%4.24%0 bps
Efficiency Ratio45.54%48.44%48.85%46.08%42.14%-340 bps
Non-Interest Burden1.51%1.55%1.44%1.56%1.44%-7 bps
Growth
Asset Growth (YoY)41.74%49.32%60.90%42.34%41.12%-63 bps
Loan Growth (YoY)67.57%76.42%80.95%75.93%54.99%-1,258 bps
Deposit Growth (YoY)43.15%50.45%62.50%42.00%41.51%-164 bps
Asset Quality
Nonperforming Loans / Loans1.57%0.13%0.79%0.05%0.18%-138 bps
Net Charge-Offs / Loans0.00%0.12%0.13%0.00%0.25%+25 bps
Allowance / Loans1.18%1.14%1.17%1.13%1.11%-7 bps
Allowance Coverage of NPLs0.8x8.7x1.5x23.5x6.1x+5.4x
Capital
Tier 1 Leverage Ratio9.37%9.07%9.01%8.85%8.58%-78 bps
Total Risk-Based Capital9.37%9.07%9.01%8.85%8.58%-78 bps
Equity / Assets8.64%8.48%8.17%8.28%8.27%-37 bps
Liquidity & Funding
Loans / Deposits78.41%80.46%79.37%83.67%85.88%+747 bps
Liquid Assets / Assets12.07%12.90%5.33%3.51%4.73%-734 bps
CRE / Total Capitaln/a538%564%580%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

Citizens State Bank

Royal Oak, MI · Cert 8183 · Peer group: banks under $1B in assets (n=581-629) · Citizens Bancshares Inc.

State charter, Fed member · FED · 3 branches

Q2 2026

$581.0MAssets
$455.5MLoans
$530.5MDeposits
$48.0MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 95% of banks under $1B in assets (rank 32 of 629).
  • Widest gap: total risk-based capital ratio trails 100% of banks under $1B in assets (rank 627 of 629).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.74%

Rank 106 of 629

Net Interest Margin

4.24%

Rank 110 of 629

Efficiency Ratio

42.14%

Rank 32 of 629

Equity / Assets

8.27%

Rank 540 of 629

Non-interest income vs. expense

$3.4M$11.7MINCOMEEXPENSE
Unfavorable gap of $8.3M · efficiency ratio beats 95% of banks under $1B in assets
Bank 42.14%Peer median 67.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.74%0.60%1.01%1.45%Beats 83%106 / 629
Return on Equity21.01%5.38%9.30%13.28%Beats 94%36 / 629
Net Interest Margin4.24%3.03%3.54%4.05%Beats 83%110 / 629
Efficiency Ratio42.14%58.35%67.79%79.08%Beats 95%32 / 629
Asset Quality
Nonperforming Loans / Loans0.18%0.09%0.46%1.20%Beats 66%198 / 581
Net Charge-Offs / Loans0.13%n/a0.01%0.06%Beats 13%507 / 581
Capital
Tier 1 Capital Ratio8.58%11.24%13.84%18.77%Beats 0%626 / 629
Total Risk-Based Capital Ratio8.58%11.58%14.43%19.66%Beats 0%627 / 629
Equity / Assets8.27%9.09%10.65%13.80%Beats 14%540 / 629
Liquidity & Funding
Loans / Deposits85.88%67.24%80.90%93.48%60th pctl237 / 594
Loans / Assets78.41%53.31%67.71%78.15%76th pctl152 / 629
Brokered Deposits / Depositsn/aNot reported for this institution