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Peoples Exchange Bank, Inc.

Winchester, KY · Cert 8785 · Genbeach Co. Inc.

State charter, non-member · FDIC · 8 branches

Q2 2026

$609.8MAssets
$518.3MLoans
$522.7MDeposits
$59.2MEquity
Loan mix
96%RE $480.6M2%C&I $12.1M1%Consumer $6.6MQ3 2024Q2 2026
Deposit mix
75%Interest-bearing $389.9M25%Noninterest $132.8MQ3 2024Q2 2026

Market Position · Lexington-Fayette, KY · 2026 SOD (annual) · 1.9% share · #16 of 36 inst. · $0.3B of $16.0B

23.2% Clark
10.2% Montgomery
62.6% Lee
0.5% Fayette

Executive Summary

  • Earnings: ROA of 1.30%, up 19 bps year over year; NIM at 4.06%.
  • Asset quality: problem loans at 0.06% of loans (-3 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 9.97%, up 41 bps from a year ago.
  • Funding: loans stand at 99.16% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

1.30%+19 bps YoY

Net Interest Margin (quarter, annualized)

4.06%+41 bps YoY

Efficiency Ratio (quarter, annualized)

61.52%-365 bps YoY

Tier 1 Leverage Ratio

9.97%+41 bps YoY

NIM

5.03%Q2 ’245.49%Q2 ’255.80%Q2 ’26+13%+11%

Non-interest income vs. expense

2.94%Q2 ’242.79%Q2 ’252.88%Q2 ’26-4%+4%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.88%1.04%0.87%1.11%1.14%1.13%1.22%1.30%+19 bps
Return on Equity9.79%11.41%9.79%12.48%12.71%12.42%13.30%13.78%+130 bps
Net Interest Margin3.35%3.56%3.59%3.66%3.69%3.82%3.84%4.06%+41 bps
Efficiency Ratio71.72%65.64%68.37%65.17%63.06%62.57%62.51%61.52%-365 bps
Non-Interest Burden2.21%2.12%2.26%2.16%2.10%2.15%2.17%2.26%+10 bps
Growth
Asset Growth (YoY)0.76%1.73%5.79%8.31%11.74%10.86%7.77%2.93%-538 bps
Loan Growth (YoY)-0.19%5.01%11.81%12.41%11.93%8.83%5.27%5.63%-677 bps
Deposit Growth (YoY)0.22%-0.01%3.81%10.87%14.53%15.30%11.12%2.10%-877 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.07%0.00%0.10%0.13%0.07%0.12%0.06%-3 bps
Net Charge-Offs / Loans0.03%0.01%0.01%0.03%0.03%0.15%0.02%0.02%-1 bps
Allowance / Loans1.15%1.14%1.15%1.14%1.17%1.19%1.19%1.19%+5 bps
Allowance Coverage of NPLsn/a17.4x324.8x11.9x9.1x15.9x10.3x19.3x+7.4x
Capital
Tier 1 Leverage Ratio9.71%9.83%9.73%9.56%9.56%9.54%9.78%9.97%+41 bps
Total Risk-Based Capital9.71%9.83%9.73%9.56%9.56%9.54%9.78%9.97%+41 bps
Equity / Assets9.24%9.04%8.83%8.90%9.03%9.19%9.17%9.70%+80 bps
Liquidity & Funding
Loans / Deposits96.07%99.42%99.13%95.84%93.89%93.85%93.91%99.16%+332 bps
Liquid Assets / Assets2.13%1.41%2.41%2.97%4.93%4.82%6.07%2.23%-74 bps
CRE / Total Capitaln/an/an/an/a351%343%355%n/an/a